Perp DEX volume share, live 24h notional ranked
TradingNado
Leads$225.80M
- p99
- $434.54M
- rank
- #14
- samples
- 2,876
Polymarket
Trails$107.72M
- p99
- $119.82M
- rank
- #17
- samples
- 2,876
24h perp volume
Nadon/aPolymarketn/a
Nado vs Polymarket
Nado leads on 1 of 3 shared benchmarks, Polymarket on 2. Nado wins on Perp DEX volume share, live 24h notional ranked ($225.80M vs $107.72M). Polymarket wins on Most tradable markets on a perp DEX, live count per venue (89 vs 75), Perp DEX volume to open interest (1.721x vs 2.39x). Data as of 2026-09-23 UTC.
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.
Polymarket
The largest crypto prediction market, settled on Polygon via UMA optimistic oracle. CLOB-style order book hosted on the Polymarket gateway with sub-second publish latency for live odds.
Side by side measurements
Most tradable markets on a perp DEX, live count per venue
TradingNado
Trails75
- p99
- 75
- rank
- #16
- samples
- 2,876
Polymarket
Leads89
- p99
- 89
- rank
- #11
- samples
- 2,876
Active markets
Nadon/aPolymarketn/a
Perp DEX volume to open interest: 24h turnover per dollar of OI, live
TradingNado
Trails2.39x
- p99
- 4.61x
- rank
- #13
- samples
- 2,876
Polymarket
Leads1.721x
- p99
- 1.914x
- rank
- #10
- samples
- 2,876
Volume / OI (24h)
Nadon/aPolymarketn/a
The ratio is a screen, not a verdict. Both terms are the venue's own figures (24h volume and open interest as each API reports them, in USD), so a venue that counts both legs of a fill moves its ratio without changing anything real. A very low ratio (Ostium, 0.2x) means positions held for days on thin daily volume; a very high one (Kalshi, above 40x) means a day of trading dwarfs what stays open. The bands in the methodology say what each range usually means.
Frequently asked questions
Nado vs Polymarket: which one is better?
Nado and Polymarket are compared on 3 shared OpenChainBench benchmarks. Nado leads on Perp DEX volume share, live 24h notional ranked. Polymarket leads on Most tradable markets on a perp DEX, live count per venue. See the live table on this page for every metric.
Which has the higher 24h perp volume, Nado or Polymarket?
On the Perp DEX volume share, live 24h notional ranked benchmark, Nado leads at $225.80M versus Polymarket at $107.72M. Live measurement is updated continuously by the OpenChainBench harness.
Which has the higher active markets, Nado or Polymarket?
On the Most tradable markets on a perp DEX, live count per venue benchmark, Polymarket leads at 89 versus Nado at 75. Live measurement is updated continuously by the OpenChainBench harness.
How is the Nado vs Polymarket 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.
Related comparisons
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.