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Nado Rewards Live: How the $100K Weekly Pool Works
Nado Rewards distributes $100,000 per week based on trading volume on Nado. It's an ongoing program with no set end date. Joining now is still perfectly fine.
Event Overview
| Item | Details |
|---|---|
| Duration | Not announced (already started, end date unannounced) |
| Eligibility | Users trading on Nado |
| Cost to participate | Trading fees and gas costs (amount not disclosed) |
| Expected return | Cash rewards (weekly $100,000 pool, distribution method not disclosed) |
| Difficulty | Medium |
Nado is a decentralized derivatives exchange (DEX) offering perpetual futures trading. See Nado's project page here for more details.
Event Details
- Create an account on Nado and start trading (about 5 minutes, cost is gas only).
- Place maker orders (limit orders placed on the order book). These count toward volume.
- Place taker orders (market orders that execute instantly). These also count toward volume.
- Hold positions to build up open interest (the total value of unclosed contracts).
Here's how the reward pool unlocks:
| Weekly Volume | Reward Unlocked |
|---|---|
| At start | $50,000 (unlocked immediately) |
| At $1.05B | Additional rewards begin unlocking |
| At $2.45B | Remaining $50,000 fully unlocked |
The exact formula for individual reward distribution has not been disclosed.
Strategy and Cautions
- Minimal route for busy readers: try one maker order and one taker order with a small amount.
- Cost-benefit: trade only within a range where fees don't eat your gains.
- Capital guidance: total weekly volume is in the billions, so one trader's extra volume barely moves the needle.
- Sybil risk: inflating volume with multiple accounts can violate terms and should be avoided.
- Practical note: no rush since it's ongoing, but watch for wider spreads near volume thresholds.
- When to skip: opening oversized positions purely for short-term reward hunting risks losses from fees or price swings.
Nado
Orderbook-based perp DEX on Ink L2
Potential
Get started on the official siteThis is our referral link
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