Decibel vs Nado

Name: Decibel vs Nado OpenChainBench measurements
Creator: OpenChainBench
License: https://creativecommons.org/licenses/by/4.0/

Decibel vs Nado on 1 shared OpenChainBench benchmark, awaiting live measurements.

Read methodology Last measured Tue, 15 Sep 2026 19:40:47 UTCWindow: rolling 24h1 shared benchmark

Decibel

Decibel is a perpetuals DEX on Aptos with an on-chain central limit orderbook. No token has launched yet.

Nado

Nado is an orderbook perpetuals DEX on Ink, the Kraken-backed L2, with a central limit orderbook and cross-margin. No token has launched yet.

Side by side measurements

Perp DEX price to fees ratio 2026: Hyperliquid, Aster, Lighter, GMX, GNS live

Trading

Provider	Fees 30d	Revenue 30d	Open interest	Fees / OI
Decibel	$493.6K	$493.6K	$4.53M	1.327x
Nado	$1.60M	$948.0K	$38.06M	0.512x

P/F = circulating market cap (CoinGecko) / annualized fees (DeFiLlama dailyFees, trailing 30d x 365/30), on the DeFiLlama parent the token accrues from. Fees include the share paid to liquidity providers; P/S uses protocol revenue only. Low-float tokens show a much higher FDV/F than P/F. Pre-TGE venues are listed unranked with fees and OI, no ratio. A low multiple is not a recommendation.

Frequently asked questions

Decibel vs Nado: which one is better?

Decibel and Nado are compared on 1 shared OpenChainBench benchmarks. See the live table on this page for every metric.

How is the Decibel vs Nado comparison measured?

Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.

How this pair was selected

Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing — panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.