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Perpetual

Nado

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Focus: Eligibility, snapshot date, token reward analysis.

Overview

What is Nado?

Nado is a central-limit orderbook (CLOB) decentralized exchange built on the Ink blockchain, developed by the team behind Kraken. The platform combines spot and perpetual trading through a unified margin system, allowing traders to manage collateral dynamically across multiple positions.

Built on Ink, Nado leverages the blockchain’s infrastructure to deliver orderbook-based trading with multiple collateral options and margin trading capabilities. The platform targets traders looking for a comprehensive trading experience that includes both spot markets and leveraged perpetual positions on a single interface.

Nado now supports xStocks for spot trading and as collateral. AAPLx, METAx, GOOGLx, TSLAx, and NVDAx are live on the platform and can be traded or used to back positions.

Participation Guide

  1. 1

    Step 1: Fund a Wallet and Bridge to Ink

  2. 2

    Step 2: Create Your Nado Account

  3. 3

    Step 3: Deposit Collateral

  4. 4

    Step 4: Trade Spot and Perpetual Markets

  5. 5

    Step 5: Provide Liquidity to the NLP Vault

  6. 6

    Step 6: Use Tokenized Equities as Collateral

  7. 7

    Step 7: Refer Active Traders

  8. 8

    Step 8: Track Points and Trading Tier

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