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Paradex vs Nado: which perp DEX is better?

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

ParadexNado
24h volume$21M$347M
Maker fee0 bps1 bps
Taker fee0 bps3.5 bps
Max leverage50x20x
ModelOrderbookOrderbook
ChainStarknet appchainInk (Kraken L2)
TokenNo tokenNo token
AssetsCryptoCrypto

Paradex vs Nado: which should you choose?

If your priority is cost, Paradex wins on taker fees (0 bps). For maximum leverage, Paradex goes up to 50x. 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.

Paradex runs a orderbook on Starknet appchain, while Nado runs a orderbook on Ink (Kraken L2). Read the full profiles: Paradex and Nado.

FAQ

Is Paradex or Nado cheaper?
Paradex has the lower taker fee (0 bps vs 3.5 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Paradex or Nado?
Paradex offers more, up to 50x, versus 20x. Higher leverage means higher liquidation risk.
Which is bigger, Paradex 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.