POPA ReconOn Radar: Nado - Kraken's Perp DEX on Ink L2
On Radar: Nado - Kraken's Perp DEX on Ink L2 Nado is the perpetual DEX built by Kraken's core engineering team on Ink L2, bringing CEX-like performance to DeFi while keeping positions fully on-chain. Key Points: • NLP Vault - LPs deposit tokens into the NLP vault, which routes capital into market-making and liquidation strategies • CLOB DEX with 5-15ms execution - CEX-style matching engine, not AMM • Unified margin: spot, perps & lending in one account - capital efficiency like a prime brokerage • $INK airdrop confirmed - most allocation for Nado users - the single biggest confirmed airdrop…
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