According to CoinWorld, 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 trading, and unrealized profits and losses into a single collateral pool. 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 liquidation flows; this position can be used as collateral for further trading.