Logo of Nado PerpsNado Perps

Key Metrics

Fees 30d$1.5m
Fees 30d by chain

Ink$1.5m

Fees 7d$326,364

Ink$326,364

Fees 24h$63,157

Ink$63,157

Cumulative Fees$18.65m

Ink$18.65m

Revenue 30d$905,796
Revenue 30d by chain

Ink$905,796

Revenue 7d$192,434

Ink$192,434

Revenue 24h$37,820

Ink$37,820

Cumulative Revenue$13.34m

Ink$13.34m

Perp Volume 30d$8.066b
Perp Volume 30d by chain

Ink$8.066b

Perp Volume 7d$1.759b

Ink$1.759b

Perp Volume 24h$343.47m

Ink$343.47m

Cumulative Perp Volume$83.927b

Ink$83.927b

Liquidation Volume 30d$18.29m
Liquidation Volume 30d by chain

Ink$18.29m

Liquidation Volume 7d$1.66m

Ink$1.66m

Liquidation Volume 24h$379,306

Ink$379,306

Cumulative Liquidation Volume$21.72m

Ink$21.72m

$82.59m

Protocol Information

Nado is a vertically-integrated decentralized exchange for spot and perpetual futures, featuring an off-chain sequencer and on-chain settlement on Ink. The platform delivers a high-performance CLOB experience where trades execute in milliseconds, with deep liquidity powered in part by the NLP (Nado Liquidity Provider) vault.

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Category:Derivatives

Methodology

Fees: perp trading fees paid by usersView code on GitHubRevenue: trading fees minus maker rebates; goes to the protocol treasuryView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubLiquidation Volume: Total USD notional of liquidated positions, from the `amountQuote` field of ClearingHouse `Liquidation` events.View code on GitHub

Competitors

Jupiter Perpetual Exchange ($737.26m)GMX V2 Perps ($203.02m)Hyperliquid HLP ($186.81m)Derive V2 ($152.96m)Extended Perps ($116.51m)Lighter Robinhood Perps ($73.4m)dYdX V4 ($70.12m)AZverse Perps ($51.84m)dYdX V3 ($38.71m)Apex Omni ($30.73m)

Frequently Asked Questions

What chains does Nado Perps operate on?

Nado Perps operates on Ink.

How much has Nado Perps generated in fees and revenue?

Over the past 30 days, Nado Perps generated $1.5m in fees. Of that, $905,796 was protocol revenue. Based on the trailing year, the annualized rate is $23.07m in fees and $16.5m in revenue.

How does Nado Perps' TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Nado Perps ranks #390 by TVL. The category holds $2.027b across 424 protocols, and Nado Perps accounts for 0% of that total. Other leading protocols include Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Derive V2, Extended Perps, Lighter Robinhood Perps, dYdX V4, AZverse Perps, dYdX V3, and Apex Omni.

How much perpetual futures volume does Nado Perps process?

Nado Perps processed $8.066b in perpetual futures volume over the past 30 days.