# Nado

> Track Nado with daily standardized on-chain data. Compare Nado with other derivative exchanges. See charts, financial statements and datasets in one place.

Source: [Nado on Token Terminal](https://tokenterminal.com/explorer/projects/nado). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Derivative exchanges
- Chains: ink

## About

### What it is

Nado is a central-limit order book (CLOB) DEX built on Ink, offering spot and perpetual futures trading with unified cross-margin accounts. Nado is built by the team behind Kraken.

### Who uses it

Nado is built by the team behind Kraken, deploying on the Ink L2 blockchain.

### How it works

Nado generates revenue through trading fees, charging taker fees as low as 1.5 bps with maker rebates scaling up to -0.8 bps.

## Metrics

Token Terminal tracks these metrics for Nado daily. Each page has a chart with the full history.

- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/nado/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/nado/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/nado/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/nado/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/nado/metrics/gas-used)

## Links

- [website](https://www.nado.xyz/)
- [twitter](https://twitter.com/nadoHQ)