| FEATURE | EDGEX | NADO |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.045% | 0.035% |
| Maker Fee | 0.04% | 0.01% |
| Max Leverage | 100x | 50x |
| Perp Pairs | 182 | 77 |
| Spot Trading | Yes | Yes |
| KYC Required | No | No |
| Rating | 4.2 | 3.6 |
edgeX vs Nado: key differences
Opening and closing a $10,000 position with market orders costs $7.00 on Nado and $9.00 on edgeX at base-tier taker fees, a difference of $2.00 per round trip.
For limit orders, edgeX charges makers 0.04%, while Nado charges makers 0.01%.
edgeX allows up to 100x leverage against 50x on Nado. The headline figure usually applies to a few markets only, so check the limit on the pair you trade.
edgeX lists 182 perpetual markets, Nado lists 77.
edgeX is the more liquid venue, with $293M in 24-hour volume against $128M on Nado (about 2.3 times more). Deeper books mean less slippage on large orders.
Neither exchange requires KYC: both are used by connecting a wallet.
Margin is posted in USDC on edgeX and in USDT0, USDC, wETH, kBTC +2 more on Nado.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| edgeX | Nado | |
|---|---|---|
| Taker round trip on $10,000 | $9.00 | $7.00 |
| Maker round trip on $10,000 | $8.00 | $2.00 |
| Best-tier taker fee | 0.02% | 0.015% |
| BTC max leverage | 100x | 50x |
| Margin modes | cross, isolated | cross, isolated |
| 24h volume | $293M | $128M |
| TVL | $61M | $53M |
| Custody | non-custodial | non-custodial |
| Collateral | USDC | USDT0, USDC, wETH, kBTC +2 more |
| Deposit networks | Ethereum, Arbitrum, Base +5 more | Ink |
| Minimum order | — | $100 |
| Order types | 12 | 8 |
| Options | No | No |
| Mobile app | Yes | No |
| Testnet or demo | Yes | Yes |
| Vaults or copy trading | No | No |
| Insurance fund | Yes | Yes |
| Audited | Yes | No |
| Restricted jurisdictions | 10 | 10 |
| Founded | 2023 | 2025 |
Choose edgeX if
- You want higher leverage: up to 100x against 50x.
- You trade smaller or newer markets: 182 perpetual pairs against 77.
- You trade size and need liquidity: $293M in 24-hour volume against $128M.
- You trade from a phone: edgeX has a mobile app.
- You want a sign-up discount: 12% off fees through a referral link.
Choose Nado if
- You mostly use market orders: 0.035% taker fee against 0.045% on edgeX.
- You place limit orders: 0.01% maker fee against 0.04% on edgeX.
- You want to post margin in more than one asset.
edgeX
PROS
- + 182 perpetual markets in one USDC-margined account, including 98 stock and ETF perpetuals, commodities (gold, silver, crude oil, natural gas) and FX pairs such as USD/JPY and EUR/USD
- + Up to 100x leverage on BTC and ETH and 75x on SOL, with cross and isolated margin modes
- + No KYC required: connect an EVM wallet or sign in by email, and referred users get a 12% trading fee discount
CONS
- − Base perpetual fees of 0.040% maker and 0.045% taker are higher than the 0.012% maker and 0.038% taker edgeX charged on V1, and VIP 1 requires 10 million dollars in 14-day volume
- − USDC is the only margin asset, with no multi-collateral support
- − Restricted in the US, Canada, Cuba, Iran, North Korea, Syria, Myanmar and Crimea, Donetsk and Luhansk, and the terms prohibit using a VPN to bypass the block
Nado
PROS
- + Base fees of 0.035% taker and 0.01% maker on perpetual and spot markets, falling to 0.015% taker and a 0.008% maker rebate at VIP 6 (1 billion dollars of 30-day volume)
- + One margin account covers perpetuals, spot, and lending: USDT0, USDC, wETH, kBTC, XAUT0, and tokenized xStocks such as SPYx and QQQx count as collateral, and deposits earn money market interest
- + 77 tradable perpetual markets in the Nado API (October 4, 2026), including US stock and ETF perpetuals such as NVDA, TSLA, SPY, and QQQ, three FX pairs, gold, silver, and WTI oil
CONS
- − The docs and the DeFiLlama listing show no published smart contract audit; the HackenProof bug bounty covers the web app only and pays 50 to 10,000 dollars per finding
- − View-only in the United States and Canada, and blocked in Panama, Belarus, Cuba, Iran, North Korea, Russia, Syria, and Ukraine under the Terms of Use dated August 26, 2026 and the Restricted Territories page
- − Deposits work only on Ink, so funds from Ethereum, Arbitrum, or an exchange must first be bridged or withdrawn to Ink, and each USDT0 withdrawal costs 1 USDT0
Frequently Asked Questions
Is edgeX or Nado better?
edgeX has a higher rating (4.2 vs 3.6). Nado offers lower fees (0.035% vs 0.045%). Choose edgeX for higher leverage, and Nado for lower fees.
What are the fees on edgeX vs Nado?
edgeX charges 0.045% taker / 0.04% maker. Nado charges 0.035% taker / 0.01% maker for perpetuals.
Which has higher leverage, edgeX or Nado?
edgeX offers up to 100x, and Nado offers up to 50x. Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do edgeX and Nado require KYC?
edgeX does not require KYC. Nado does not require KYC. Both restrict some jurisdictions (edgeX lists 10; Nado lists 10), so check the terms of service for your country before depositing.
Is edgeX or Nado safer?
edgeX has been audited and runs an insurance fund, and custody is non-custodial. Nado has no published audit on record here and runs an insurance fund, and custody is non-custodial. Neither audits nor insurance funds remove smart contract risk, so size deposits accordingly.
Which has more trading volume, edgeX or Nado?
edgeX recorded $293M in 24-hour volume and Nado recorded $128M, as of 2026-10-04. edgeX lists 182 perpetual markets and Nado lists 77.