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Farming match-up

Updated 2026-10-12

Extended vs Nado: Costs & Reward Rules

VS

Extended's points cap is almost fully minted — late for new farmers. Nado's Season 2 is earlier and has real engineering pedigree behind it, but a more conservative leverage ceiling.

As of 2026-10-12, Extended vs Nado is a decision about reward timing and the cost of qualifying activity. Extended's points cap is almost fully minted — late for new farmers. Nado's Season 2 is earlier and has real engineering pedigree behind it, but a more conservative leverage ceiling. This page compares published fees, leverage, chains, token stage, and program status using the linked Extended and Nado reviews; verify each venue's current documentation before trading.

Last updated: October 2026 — decision framing and risk checks refreshed; venue facts retain their dated source review.

Extended and Nado comparison snapshot
  Extended Nado
Chain Starknet Ink (Optimism Superchain)
Maker Fee 0% 0.01%
Taker Fee 0.025% 0.035%
Max Leverage up to 100x up to 20x
Token — —
Airdrop Status Season 1 nearly capped (pre-token) Season 2 (pre-token, converts to INK)

Trading fit

Choose Extended or Nado based on the execution, liquidity, and market coverage you actually need — not the largest leverage headline.

Program fit

Extended: Season 1 nearly capped (pre-token). Nado: Season 2 (pre-token, converts to INK). Treat program status as time-sensitive and verify the current rules before paying fees to farm.

Risk fit

Check collateral, custody, liquidation, withdrawal, jurisdiction, and oracle or counterparty assumptions in both full reviews before moving meaningful size.

Extended and Nado are both newer perps DEXs on their own respective L2s, both still pre-token — but Extended’s points program is much further along, while Nado’s is comparatively fresh. Neither has a confirmed TGE date, but the remaining opportunity size differs significantly between them.

Points program maturity: this is the key difference

Extended’s Season 1 points program has an approximately 70-million-point hard cap, and independent research indicates the vast majority of that cap is already minted (with a meaningful chunk previously clawed back from detected sybil activity). A new wallet starting today is competing for a small remaining slice. Nado’s Season 2 is comparatively earlier in its lifecycle, with weekly point drops still actively distributing and less indication of an imminent hard cap.

Team and infrastructure pedigree

Nado’s standout differentiator is its team: built directly by Kraken’s core engineering team as a flagship application on Ink, Kraken’s own L2. That’s genuine, rare centralized-exchange trading infrastructure pedigree. Extended’s team has ex-Revolut fintech backgrounds — also real, though a different kind of pedigree (consumer fintech versus exchange engineering specifically).

Fees and leverage

Extended offers a notably higher leverage ceiling (100x) than Nado’s more conservative 20x cap, with slightly lower fees on both sides. Nado’s unified margin account (pooling spot, margin, and perps risk in real time) is a genuine capital-efficiency feature Extended doesn’t offer in the same form.

Which points program should you prioritize in 2026?

  • Choose Nado if you want to farm a points program that’s earlier in its lifecycle, and value real exchange-engineering pedigree behind the platform.
  • Choose Extended if you already have accumulated points from earlier participation, or want higher leverage and slightly lower fees for actual trading rather than farming.
  • New farmers should weigh remaining pool size, not just program existence. See our pre-TGE farming roundup for how both compare to every other open points program we’re tracking.

Decide what you are optimizing before connecting funds: Extended should be checked for its current market coverage and execution conditions, while Nado should be checked for Ink access, fees, and the status of its rewards season. Verify those live details in the Extended review and Nado review, then calculate fees and funding against the points you expect to earn.

What could change this verdict?

This comparison is a dated editorial snapshot, not a permanent ranking. Recheck the current fee schedule, market depth, supported markets, access rules, reward mechanics, and withdrawal path before acting. A new token launch, liquidity change, program rule, jurisdiction restriction, security incident, or fee update can change the practical choice even if the matchup headline stays the same.

Start with the full Extended review and Nado review, then check the live rankings for the latest available market snapshot.

Frequently asked

Weigh it carefully. Extended's points program has an approximately 70M-point hard cap, with roughly 5M points clawed back from sybil activity and the vast majority of the remaining cap already minted as of our research — a new wallet today has a much smaller remaining pool to compete for than an early participant did.

It's built by Kraken's core engineering team, a genuinely rare pedigree among perps DEXs — direct lineage to an established, multi-year centralized exchange's trading infrastructure expertise, not just a claim of "ex-Kraken" individuals.

Trilly — HittinCorners

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