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Nado vs Perpl: which perp DEX is better?

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

NadoPerpl
24h volume$347M$43M
Maker fee1 bps5 bps
Taker fee3.5 bps8.8 bps
Max leverage20xn/a
ModelOrderbookOrderbook
ChainInk (Kraken L2)Monad
TokenNo tokenNo token
AssetsCryptoCrypto

Nado vs Perpl: 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.

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

FAQ

Is Nado or Perpl cheaper?
Nado has the lower taker fee (3.5 bps vs 8.8 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Nado or Perpl?
Nado offers more, up to 20x, versus n/a. Higher leverage means higher liquidation risk.
Which is bigger, Nado or Perpl?
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.