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Hibachi vs Nado: which perp DEX is better?

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

HibachiNado
24h volume$24M$347M
Maker fee0 bps1 bps
Taker fee4.5 bps3.5 bps
Max leveragen/a20x
ModelOrderbookOrderbook
ChainBase (Celestia DA, ZK)Ink (Kraken L2)
TokenNo tokenNo token
AssetsCryptoCrypto

Hibachi vs Nado: which should you choose?

If your priority is cost, Nado wins on taker fees (3.5 bps). For maximum leverage, Nado goes up to 20x. For depth and liquidity, Nado trades the most volume of the two. Both are pre-token, so either could reward early activity with a future airdrop.

Hibachi runs a orderbook on Base (Celestia DA, ZK), while Nado runs a orderbook on Ink (Kraken L2). Read the full profiles: Hibachi and Nado.

FAQ

Is Hibachi or Nado cheaper?
Nado has the lower taker fee (3.5 bps vs 4.5 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Hibachi or Nado?
Nado offers more, up to 20x, versus n/a. Higher leverage means higher liquidation risk.
Which is bigger, Hibachi 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.