Nibiru is a sovereign proof-of-stake blockchain, an open-source platform, and a member of the Cosmos Ecosystem. Nibiru combines leveraged derivatives trading, spot trading, staking, and bonded liquidity provision into a unified user experience, allowing users of more than 40 blockchains to trade with leverage through a suite of modular decentralized applications.
Nibiru is powered by a two-token economic model, with NIBI as the protocol's staking and utility token and NUSD as a capital-efficient, partially collateralized stablecoin.
The Nibiru Ecosystem is comprised of:
1. Nibi-Perps is a perpetual futures market where users can take leveraged exposure and trade on a wide range of assets – entirely on-chain, completely non-custodial, and with low gas fees.
2. Nibi-Swap is an automated market maker protocol for multichain assets.
3. Nibiru uses a native, decentralized oracle system to accurately price assets and communicates with other Cosmos layer-1 chains using the Inter-Blockchain Communication (IBC) protocol.