Key Metrics
Fees 30d$1.54m
Fees 30d by chain
Ink$1.54m
Fees 7d$318,050
Ink$318,050
Fees 24h$29,746
Ink$29,746
Cumulative Fees$18.76m
Ink$18.76m
Revenue 30d$915,910
Revenue 30d by chain
Ink$915,910
Revenue 7d$180,220
Ink$180,220
Revenue 24h$16,248
Ink$16,248
Cumulative Revenue$13.4m
Ink$13.4m
Perp Volume 30d$8.386b
Perp Volume 30d by chain
Ink$8.386b
Perp Volume 7d$1.812b
Ink$1.812b
Perp Volume 24h$180.16m
Ink$180.16m
Cumulative Perp Volume$84.63b
Ink$84.63b
Liquidation Volume 30d$18.45m
Liquidation Volume 30d by chain
Ink$18.45m
Liquidation Volume 7d$1.12m
Ink$1.12m
Liquidation Volume 24h$30,889
Ink$30,889
Cumulative Liquidation Volume$22.28m
Ink$22.28m
$72.93m
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.
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 GitHubCompetitors
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 $1.54m in fees. Of that, $915,910 was protocol revenue. Based on the trailing year, the annualized rate is $22.98m in fees and $16.41m 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 $2.061b 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 $8.386b in perpetual futures volume over the past 30 days.

