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Nado vs edgeX: Full Comparison 2026

Detailed comparison of Nado and edgeX 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

Nado logo

Nado

Ink

Trade on Nado
edgeX logo

edgeX

EdgeX L2

Trade on edgeX

Side-by-Side Comparison

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

MetricNadoedgeX
24h Volume$320M $4.37B
Open Interest$145M $912M
Maker Fee0.01% 0.012%
Taker Fee0.035% 0.038%
BlockchainInkEdgeX L2
Airdrop StatusPointsSoonPointsLive
Order TypeCLOBCLOB
Nado

Nado Pros & Cons

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

edgeX Pros & Cons

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

Trading Cost Comparison

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

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

Nado vs edgeX: 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

Nado charges 0.01% maker / 0.035% taker fees, while edgeX charges 0.012% maker / 0.038% 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. Nado: PointsSoon. edgeX: PointsLive. Check our airdrops page for the latest updates.

Nado vs edgeX 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

Nado vs HyperliquidedgeX vs HyperliquidNado vs LighteredgeX vs Lighter

Learn more about Nado or edgeX

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