Nado

Nado rewarded top Alpha-phase users who achieved over $400k trading volume with the Templars of the Storm NFT. Many sold for around $1.2k–$1.5k, and holders receive points multipliers and automatic fee tiers, with additional utilities planned. The NFT may also be used as an added criterion for a future drop.

Nado introduced a new perpetuals product alongside an ambassador program. The launch indicates a focus on both product rollout and community growth through ambassador-driven outreach. Details on ambassador roles and incentives were not provided here, but the program’s availability suggests structured community involvement aligned with the new perp offering.

Nado launched Season 1 of its airdrop and points program, where users earn points redeemable for future tokens. The campaign distributes 950k points every Friday to traders and liquidity providers, with 8M points allocated across Trading and Builder programs. Holding a Nado NFT (floor ~0.47 ETH) grants multiplier points and reduces trading fees.

Nado is launching an open beta for its perpetuals exchange, kicking off Season 1. The project has not held a TGE yet, but previously rewarded community members with an NFT airdrop worth over $1,300 per holder. Backing from blockchain partners and the start of Season 1 suggest early participation opportunities as the platform opens to broader testing.

Nado reported metrics after 6 weeks: $12B cumulative trading volume, $90M open interest, and $30M TVL.