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Lighter vs Nado: which perp DEX is better?

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

LighterNado
24h volume$1.00B$347M
Maker fee0 bps1 bps
Taker fee2 bps3.5 bps
Max leverage50x20x
ModelOrderbookOrderbook
Chainzk rollup (Ethereum L2)Ink (Kraken L2)
Token$LITNo token
AssetsCryptoCrypto

Lighter vs Nado: which should you choose?

If your priority is cost, Lighter wins on taker fees (2 bps). For maximum leverage, Lighter goes up to 50x. For depth and liquidity, Lighter trades the most volume of the two.

Lighter runs a orderbook on zk rollup (Ethereum L2), while Nado runs a orderbook on Ink (Kraken L2). Read the full profiles: Lighter and Nado.

FAQ

Is Lighter or Nado cheaper?
Lighter has the lower taker fee (2 bps vs 3.5 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Lighter or Nado?
Lighter offers more, up to 50x, versus 20x. Higher leverage means higher liquidation risk.
Which is bigger, Lighter or Nado?
Lighter has more listed 24h volume ($1.00B), 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.