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Nibiru

DeFi-focused Layer 1 with smart contracts

Overview

Nibiru is a Layer 1 blockchain and smart contract ecosystem built on the Cosmos SDK, using proof-of-stake and IBC for cross-chain interoperability. It runs DeFi primitives directly on-chain, including Nibi-Perps for perpetual futures, Nibi-Swap as a DEX, and the NUSD stablecoin, with CosmWasm support, a native asset pricing oracle, and a dev gas royalty for developers. It sets itself apart by embedding major DeFi primitives into a single Layer 1 and offering a developer-friendly environment with a sustainable revenue model, while aiming at sectors like real-world assets and gaming. Its goal is to become a comprehensive web3 hub where users can trade, stake, provide liquidity, and build scalable applications across interconnected blockchains.

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About Nibiru

Simplify's Rating
Why Nibiru is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Crypto & Web3Financial Services

Company Size

11-50

Company Stage

Early VC

Total Funding

$22M

Headquarters

Cayman Islands

Founded

2022

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What believers are saying

  • Sai Perps launched in February 2026 with gasless trading and 25 markets.
  • Block Party and Aura, launched June 2025, keep users trading, lending, and bridging.
  • April 2026 v2.12.0 and October 2026 X activity show ongoing network development.

What critics are saying

  • NIBI fell to $0.000401 in November 2026, crushing treasury credibility and morale.
  • CoinLore showed only three exchanges and $18,215 daily volume on November 9, 2026.
  • If Sai Perps fails to generate organic volume, Nibiru becomes an incentive-farm chain.

What makes Nibiru unique

  • Nibiru unifies perps, spot, staking, and liquidity on one Cosmos-based chain.
  • Nibiru EVM and Wasm give developers one runtime for Solidity and CosmWasm.
  • Developer royalties and native oracle pricing create built-in monetization and trading infrastructure.

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Funding

Total Funding

$22M

Above

Industry Average

Funded Over

3 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Company News

Decrypt
Jun 10th, 2025
Aura Farming: Nibiru’S New 'Block Party' Rewards Real Defi Activity

Create an account to save your articles.Create an account to save your articles.In brief Layer-1 blockchain Nibiru has launched a new rewards program, Block Party.Users can earn Aura by engaging in DeFi activities like trading, lending, and liquidity provision across Nibiru's ecosystem.Nibiru is a high-throughput Multi VM blockchain designed for speed and accessibility.Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENELayer 1 blockchain and smart contract ecosystem Nibiru has launched Block Party, a points program designed to reward real user participation across its DeFi ecosystem.Participants can earn Aura by interacting with applications on Nibiru EVM through trading, liquidity, lending, or quests.WEN? 🔥 Introducing Nibiru Block Party launching this summer, a points program rewarding you with Aura for swaps, liquidity, lending & quests powered by @merkl_xyz and @galxe 🧵 pic.twitter.com/uDAnrohiYC — Nibiru Chain 🩵🌸 (@NibiruChain) June 5, 2025Among the dozens of apps participating in the reward program’s initial rollout are trading platform Oku, lending protocol LayerBank, decentralized exchanges MIMSwap and OmniSwap, perpetuals exchange Sai, NFT marketplace Element and prediction markets BRKT and PRDT.Users can also take part in on-chain and off-chain “missions” to earn Aura. Liquidity mining is tracked by Angle Protocol’s Merkl, and sees participants earn a base rate of 1 Aura per dollar of liquidity across eligible pools, scaling to up to 3.5x for holds of 90 or more days in select stablecoin pairs. Earning opportunities also include concentrated liquidity, active trading, or completing protocol-specific missions.Off-chain and social quests are powered by Web3 platform Galxe, which powers community growth for crypto projects including Polygon, Coinbase and Optimism, with over 34 million users.Aura resets on a seasonal basis, approximately one calendar month, with a snapshot taken at the end of the month determining the user’s season rewards. At the end of each season, users can track their Aura and leaderboard rankings, enabling users to monitor their rewards progress across missions and liquidity actions.What is Nibiru?Nibiru is a high-throughput Multi VM blockchain that’s aimed at making “building and using Web3 applications faster, more efficient, and more accessible,” according to CEO and Co-Founder Unique Divine.With $20.5 million raised across three funding rounds, Nibiru leverages Nibiru EVM, a high-speed parallel EVM developed by Google, JP Morgan, and Tendermint ex-contributors and designed to “overcome Ethereum’s limitations.”As well as enabling builders to make use of a familiar tool set, Nibiru EVM employs parallel optimistic execution, using “additional cores available to full nodes to process transactions simultaneously, overcoming vital scalability concerns experienced by many blockchain networks,” according to a Nibiru spokesperson.Follow Nibiru on X at @NibiruChain. For full rules, terms and conditions for Nibiru Block Party and Aura rewards, head here.Sponsored post by Nibiru Learn More about partnering with Decrypt

Cryprovideos
Jun 5th, 2025
Nibiru Launches "Block Occasion" Aura Program to Reward Actual DeFi Exercise

Nibiru launches "Block Occasion" Aura program to reward actual DeFi exercise.

TechStartups
Jun 5th, 2025
Nibiru Launches "Block Party" Aura Program To Reward Real Defi Activity

Cayman Islands, Grand Cayman, June 5th, 2025, ChainwireNibiru announces the launch of Block Party, allowing users to earn Aura, a new points system that’s designed to reward real user participation across its DeFi ecosystem. Aura reflects each user’s contributions through trading, liquidity, lending, or quests, and forms the backbone of Nibiru’s seasonal incentive engine.Aura is earned by interacting with applications on Nibiru EVM, including trading platforms like Oku, lending protocols such as LayerBank, DEXs like MIMSwap and OmniSwap, and the Sai perpetuals exchange. Users can also bridge assets via Stargate, mint and trade NFTs on Element, or explore prediction markets like BRKT and PRDT. With dozens of active applications already integrated, Nibiru EVM is live, growing, and ready for usage.Each month-long Aura Season resets the scoreboard. Aura is earned through both onchain and off-chain missions. Onchain activity is tracked via Merkl, a battle-tested liquidity mining engine built by Angle Protocol

CaptainAltcoin
Jun 5th, 2025
Nibiru Launches "Block Party" Aura Program to Reward Real DeFi Activity

Nibiru launches "Block Party" Aura program to reward real DeFi activity.

Flywings World
Dec 19th, 2024
Nibiru: A New Era in Crypto Derivatives

Nibiru, a groundbreaking crypto derivatives protocol, has secured ₹5287.5 million in seed funding, reaching a ₹528100 million valuation.

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