Nado Dual-Side Maker Volume Farming

Who is this for?

This workflow is for traders who want to implement a dual-side maker volume farming strategy on Nado. It simultaneously places BUY and SELL maker orders to:

• Reduce trading fees (maker orders typically have lower fees than taker orders)
• Increase trading volume (both sides execute simultaneously)
• Earn points/rewards (qualify for trading volume-based rewards)
• Obtain project airdrops (meet volume requirements for airdrop eligibility)

What problem is this workflow solving? / Use case

When you want to maximize trading volume while minimizing fees for airdrop farming or reward programs, you need to:

• Place maker orders on both sides simultaneously
• Ensure orders execute quickly (using BBO pricing)
• Clean up any unfilled remainder efficiently
• Automate the process to run continuously

This workflow automates the entire process: it detects price cross conditions, places dual-side maker orders, and handles cleanup automatically.

What this workflow does

0. After you submit config, the workflow runs automatically every 2 minutes. This recurring run has no stop condition.
1. On each run, it fetches OHLCV candles for the configured fetchSymbol and interval.
2. Picks the previous closed candle (second from last) and reads its open and close.
3. Fetches the current ticker and reads last price.
4. Checks whether last is inside the previous candle body:
   • (open < last && close > last) || (open > last && close < last)
5. If the condition is true:
   • Places two maker BBO orders simultaneously:
     • BUY size at best bid
     • SELL size at best offer
   • For each maker order, if remaining > 0, submits a MARKET order for the remaining amount on the same side (to ensure complete execution and maximize volume).
6. Produces no downstream output (it runs continuously by design).

When it runs / stops

• Runs: every 2 minutes after the initial config is submitted.
• Stops: only when the workflow engine restarts, or the workflow is disabled, removed, or redeployed.

Setup

1. Fetch symbol (fetchSymbol) – The symbol used for OHLCV/ticker reads. Default is btc. Nado normalizes symbols, so btc, BTC, BTCUSDT, BTC/USDT can all work depending on available products.
2. Trade symbol (tradeSymbol) – The symbol used for order placement. Default is BTC/USDT.
3. Interval (interval) – Candle interval (default 15m).
4. Limit (limit) – Number of candles to fetch (default 5). Must be >= 3 so we can safely take the previous closed candle.
5. Size (size) – Order size per side (default 0.005).
6. Order book level (orderBookLevel) – Depth level used when choosing the BBO price (default 1).
7. Polling interval (pollInterval) – Maker BBO polling interval in seconds (default 2).
8. Timeout (timeout) – Maker BBO timeout in seconds (default 120).
9. Nado credentials (nado) – Select the managed nado credential (type: credential, credentialType: nado) so the workflow can access:
   • nado_accountAddress
   • nado_subAccountName
   • nado_signerKey

Nodes in Use

• User configuration: Collects fetch symbol, trade symbol, interval, size, order book level, polling and timeout settings, and Nado credentials.
• Nado:
  • Get price history (candles) and the current price for the symbol
  • Place maker orders at best bid and best offer
  • Place market orders for any unfilled remainder to maximize volume

Reference

• Nado