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Nado vs Ondo: which perp DEX is better?

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

NadoOndo
24h volume$347M$173M
Maker fee1 bpsn/a
Taker fee3.5 bpsn/a
Max leverage20x20x
ModelOrderbookOrderbook
ChainInk (Kraken L2)Ondo Chain
TokenNo token$ONDO
AssetsCryptoStocks, Commodities

Nado vs Ondo: 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.

Nado runs a orderbook on Ink (Kraken L2), while Ondo runs a orderbook on Ondo Chain. Read the full profiles: Nado and Ondo.

FAQ

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