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ApeX Protocol vs Nado: which perp DEX is better?

A side-by-side comparison of ApeX Protocol and Nado on fees, leverage, volume, chain and token.

ApeX ProtocolNado
24h volume$1.30B$347M
Maker fee2 bps1 bps
Taker fee5 bps3.5 bps
Max leverage100x20x
ModelOrderbookOrderbook
ChainMultichain (zkLink)Ink (Kraken L2)
Token$APEXNo token
AssetsCryptoCrypto

ApeX Protocol vs Nado: which should you choose?

If your priority is cost, Nado wins on taker fees (3.5 bps). For maximum leverage, ApeX Protocol goes up to 100x. For depth and liquidity, ApeX Protocol trades the most volume of the two.

ApeX Protocol runs a orderbook on Multichain (zkLink), while Nado runs a orderbook on Ink (Kraken L2). Read the full profiles: ApeX Protocol and Nado.

FAQ

Is ApeX Protocol or Nado cheaper?
Nado has the lower taker fee (3.5 bps vs 5 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, ApeX Protocol or Nado?
ApeX Protocol offers more, up to 100x, versus 20x. Higher leverage means higher liquidation risk.
Which is bigger, ApeX Protocol or Nado?
ApeX Protocol has more listed 24h volume ($1.30B), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.