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edgeX vs Nado: Full Comparison 2026

Detailed comparison of edgeX and Nado perpetual DEXs including trading fees, 24h volume, open interest, supported chains, and airdrop opportunities. Find out which perp exchange is better for your trading needs.

Live data from DefiLlama

Quick Verdict

edgeX comes out ahead in this comparison with 2 advantages vs 1 for Nado. It has higher trading volume, more open interest,. Trading $100K monthly on Nado saves ~$3 in fees.

Higher Volume

edgeX

Lower Fees

Nado

More OI

edgeX

Active Airdrop

Neither

edgeX logo

edgeX

EdgeX L2

Trade on edgeX
Nado logo

Nado

Ink

Trade on Nado

Side-by-Side Comparison

Real-time metrics from DefiLlama. Green indicates the better value.

MetricedgeXNado
24h Volume$4.37B $320M
Open Interest$912M $145M
Maker Fee0.012% 0.01%
Taker Fee0.038% 0.035%
BlockchainEdgeX L2Ink
Airdrop StatusPointsLivePointsSoon
Order TypeCLOBCLOB
edgeX

edgeX Pros & Cons

Higher trading volume and liquidity
More open interest indicates trader confidence
−Higher taker fees (0.038% vs 0.035%)
Nado

Nado Pros & Cons

Lower taker fees (0.035% vs 0.038%)
−Lower trading volume than competitor
−Lower open interest

Trading Cost Comparison

Estimated taker fees for different trade sizes (excluding slippage and funding)

Trade SizeedgeXNadoSavings
$1,000$0.38$0.35$0.03 on Nado
$10,000$3.80$3.50$0.30 on Nado
$50,000$19.00$17.50$1.50 on Nado
$100,000$38.00$35.00$3.00 on Nado

edgeX vs Nado: Detailed Analysis

Volume & Liquidity

edgeX leads in 24-hour trading volume with $4.37B, compared to $320M for Nado. Higher volume typically means better liquidity, tighter bid-ask spreads, and less slippage on trades. For active traders executing multiple trades daily, this difference can significantly impact overall costs.

Fee Structure

edgeX charges 0.012% maker / 0.038% taker fees, while Nado charges 0.01% maker / 0.035% taker fees. For a trader with $100,000 monthly volume, using Nado would save approximately $3 per month in trading fees alone.

Open Interest

edgeX has $912M in open interest, versus $145M for Nado. Open interest represents the total value of outstanding derivative contracts that haven't been settled. Higher OI generally indicates more active trading and can provide insights into market sentiment.

Airdrop Opportunities

Neither platform currently has an active airdrop. edgeX: PointsLive. Nado: PointsSoon. Check our airdrops page for the latest updates.

edgeX vs Nado FAQ

Conclusion: Which Should You Choose?

Based on the data, edgeX appears to be the stronger choice overall with advantages in trading volume, open interest. However, the best choice depends on your specific needs:

  • • For lowest fees: Choose Nado
  • • For best liquidity: Choose edgeX
  • • For airdrop farming: Neither has an active airdrop
  • • For large orders: Choose edgeX for deeper liquidity

Related Perp Comparisons

edgeX vs HyperliquidNado vs HyperliquidedgeX vs LighterNado vs Lighter

Learn more about edgeX or Nado

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