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GMX vs Nado: which perp DEX is better?

A side-by-side comparison of GMX and Nado on fees, leverage, volume, chain and token.

GMXNado
24h volume$175M$347M
Maker fee4 bps1 bps
Taker fee6 bps3.5 bps
Max leverage100x20x
ModelPoolOrderbook
ChainArbitrumInk (Kraken L2)
Token$GMXNo token
AssetsCryptoCrypto

GMX vs Nado: which should you choose?

If your priority is cost, Nado wins on taker fees (3.5 bps). For maximum leverage, GMX goes up to 100x. For depth and liquidity, Nado trades the most volume of the two.

GMX runs a pool on Arbitrum, while Nado runs a orderbook on Ink (Kraken L2). Read the full profiles: GMX and Nado.

FAQ

Is GMX or Nado cheaper?
Nado has the lower taker fee (3.5 bps vs 6 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, GMX or Nado?
GMX offers more, up to 100x, versus 20x. Higher leverage means higher liquidation risk.
Which is bigger, GMX or Nado?
Nado has more listed 24h volume ($347M), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.