| FEATURE | NADO | EXTENDED |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.035% | 0.025% |
| Maker Fee | 0.01% | 0% |
| Max Leverage | 50x | 100x |
| Perp Pairs | 77 | 326 |
| Spot Trading | Yes | Yes |
| KYC Required | No | No |
| Rating | 3.6 | 4.1 |
Nado vs Extended: key differences
Opening and closing a $10,000 position with market orders costs $5.00 on Extended and $7.00 on Nado at base-tier taker fees, a difference of $2.00 per round trip.
For limit orders, Nado charges makers 0.01%, while Extended charges makers nothing.
Extended 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.
Extended lists 326 perpetual markets, Nado lists 77.
Extended is the more liquid venue, with $181M in 24-hour volume against $128M on Nado. Deeper books mean less slippage on large orders.
Neither exchange requires KYC: both are used by connecting a wallet.
Margin is posted in USDT0, USDC, wETH, kBTC +2 more on Nado and in USDC, USDT, wBTC, ETH +1 more on Extended.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| Nado | Extended | |
|---|---|---|
| Taker round trip on $10,000 | $7.00 | $5.00 |
| Maker round trip on $10,000 | $2.00 | $0 |
| Best-tier taker fee | 0.015% | 0.025% |
| BTC max leverage | 50x | 50x |
| Margin modes | cross, isolated | cross, isolated |
| 24h volume | $128M | $181M |
| TVL | $53M | $122M |
| Custody | non-custodial | non-custodial |
| Collateral | USDT0, USDC, wETH, kBTC +2 more | USDC, USDT, wBTC, ETH +1 more |
| Deposit networks | Ink | Starknet, Ethereum, Arbitrum +5 more |
| Minimum order | $100 | $10 |
| Order types | 8 | 7 |
| Options | No | No |
| Mobile app | No | No |
| Testnet or demo | Yes | Yes |
| Vaults or copy trading | No | No |
| Insurance fund | Yes | Yes |
| Audited | No | Yes |
| Restricted jurisdictions | 10 | 13 |
| Founded | 2025 | 2024 |
Choose Nado if
- Its feature set fits your workflow better; on the measured data points it does not beat Extended.
Choose Extended if
- You mostly use market orders: 0.025% taker fee against 0.035% on Nado.
- You place limit orders: 0% maker fee against 0.01% on Nado.
- You want higher leverage: up to 100x against 50x.
- You trade smaller or newer markets: 326 perpetual pairs against 77.
- You trade size and need liquidity: $181M in 24-hour volume against $128M.
- You want a sign-up discount: 10% off fees through a referral link.
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
Extended
PROS
- + 326 active perpetual markets: 195 crypto and 131 real-world asset markets, including 112 equities plus gold, oil, FX and stock indices
- + 0% maker fee and 0.025% taker fee on crypto markets, 0.010% taker fee on RWA markets, and maker rebates up to 0.010% for a 30-day market share of 5% or more
- + Multi-asset collateral: USDC counts at 100% of its value toward margin, USDT at 95%, and wBTC, ETH and XVS vault shares at 90%
CONS
- − Restricted in the United States, United Kingdom, Canada, Russia, Hong Kong, Seychelles and sanctioned countries (Cuba, Iran, North Korea, Syria); the Terms of Use forbid using a VPN to bypass this
- − BTC and ETH leverage is capped at 50x, and the 100x maximum applies only to the EUR/USD market
- − TVL of about 122 million dollars and 24-hour volume of about 181 million dollars are well below the largest perp DEXes, which means less depth for large orders
Frequently Asked Questions
Is Nado or Extended better?
Extended has a higher rating (4.1 vs 3.6). Extended offers lower fees (0.025% vs 0.035%). Choose Nado for its features, and Extended for lower fees.
What are the fees on Nado vs Extended?
Nado charges 0.035% taker / 0.01% maker. Extended charges 0.025% taker / 0% maker for perpetuals.
Which has higher leverage, Nado or Extended?
Nado offers up to 50x, and Extended offers up to 100x (50x on BTC). Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do Nado and Extended require KYC?
Nado does not require KYC. Extended does not require KYC. Both restrict some jurisdictions (Nado lists 10; Extended lists 13), so check the terms of service for your country before depositing.
Is Nado or Extended safer?
Nado has no published audit on record here and runs an insurance fund, and custody is non-custodial. Extended has been audited 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, Nado or Extended?
Nado recorded $128M in 24-hour volume and Extended recorded $181M, as of 2026-10-04. Nado lists 77 perpetual markets and Extended lists 326.