According to Foresight News, the Kraken team has launched Nado DEX on the Ink network, which is about to enter the testing phase. Nado uses order book matching for trading and supports a unified margin mechanism for spot and perpetual trading, consolidating cash, spot, and unrealized profits and losses into a single pool of collateral assets. Nado states that "the platform's order matching speed is approximately 5-15 milliseconds." Furthermore, the NLP mechanism allows users to deposit idle funds with USDT0 for market making and earn rewards from market making and clearing flows; this position can be used as collateral for further trading.
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