Nado vs Sky Lending

Compare Nado and Sky Lending on TVL, fees, revenue and activity to understand how these projects stack up.

$51.37M
Nado is a high-performance central-limit orderbook (CLOB) DEX built on Ink L2, combining off-chain execution with on-chain risk and settlement for ultra-low latency trading. It enables spot and perpetual markets under a unified margin system where collateral dynamically offsets risk across positions, maximizing capital efficiency. With features such as money markets, up to 20x leverage, liquidity provision via the NLP vault, and an HFT-friendly API, Nado delivers a professional trading experience with taker fees as low as 1.5 bps and maker rebates up to -0.8 bps, all while preserving full self-custody of assets.
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$5.677B
Sky Lending is the flagship product of StableLab’s Sky ecosystem, enabling over‑collateralised borrowing of sUSDS and real‑world asset stablecoins. Interest accrues per‑second and can be paid in advance, allowing negative interest or fixed‑term loans. An on‑chain risk oracle adjusts LTV caps daily based on market volatility metrics sourced from Chainlink and Pyth.
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Key Metrics Comparison

Nado
TVL
$51.37M
24h Volume
$587K
24h Fees
$68.9K
24h Revenue
$29.2K
30d Fees
$1.81M
30d Revenue
$878.8K
7d TVL Change
+0.74%
Dominance
0.06%
Sky Lending
TVL
$5.677B
24h Volume
N/A
24h Fees
$949.2K
24h Revenue
$439.2K
30d Fees
$27.88M
30d Revenue
$13.45M
7d TVL Change
-3.14%
Dominance
6.15%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Nado
1.0%
Sky Lending
99.1%

Volume Share

Share of combined 24h volume

Volume Share
Nado
1.0%
Sky Lending
1.0%

Fees Share

Share of combined 24h fees

Fees Share
Nado
6.8%
Sky Lending
93.2%

Revenue Share

Share of combined 24h revenue

Revenue Share
Nado
6.2%
Sky Lending
93.8%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Nado
0.74%
Sky Lending
-3.14%

Dominance

Market dominance by TVL

Dominance
Nado
0.1%
Sky Lending
6.1%
TVL Comparison
Nado
Sky Lending