Nado is a high-performance, all-in-one decentralized exchange (DEX) with a central-limit orderbook (CLOB), built on Ink L2—an EVM-compatible Layer 2 network on the Optimism Superchain. Developed by the team behind Kraken, it offers institutional-grade speed alongside full DeFi self-custody and transparency.
The platform combines spot trading, perpetual futures (up to 20x leverage on assets like BTC, ETH, SOL, BNB, and XRP), and money markets into a single margin engine, allowing unified margin across all positions. This enhances capital efficiency, for example by letting spot holdings offset perpetual shorts, which reduces collateral requirements and enables strategies like basis trades or delta-neutral positions.