Nado

Decentralized Exchange (DEX)

Core Narrative: “CEX Level On-Chain Experience”

Not based on Uniswap-style AMM (Automated Market Maker), but adopts an order book model similar to Binance and Kraken, supporting spot and perpetual contracts (Perps)

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Unified Margin Account: All assets (spot, stablecoins, unrealized P&L) are in a single unified account pool

High-Performance CLOB (Central Limit Order Book): Achieves a matching engine speed of 5-15ms

NLP (Nado Liquidity Provider) - Passive Market Making: Similar to GMX's liquidity pool model