Cover image for #74 | A User’s Guide to Nibiru’s MultiVM Ecosystem

#74 | A User’s Guide to Nibiru’s MultiVM Ecosystem

· 8 min read

Since the last update, the team’s been growing the ecosystem to push beyond the standard expectations. In addition to supporting various DeFi primitives like lending and trading, Nibiru will support NFT creators and marketplaces, memecoin launchpads, LSTs, prediction markets, AI agents and RWA tokenization.

Underpinning this all is a commitment to drive real-yield opportunities. For crypto to attract mainstream adoption, it needs both compelling user experiences that Web2 platforms can’t provide and financial underpinnings that have genuine value, i.e. real ownership, sustainable revenue streams, and profitable long-term opportunities that keep users invested.

Meanwhile, Nibiru’s V2 upgrade is live on Mainnet Beta and is gearing up for the public launch, which introduces the initial ecosystem of interconnected apps designed to offer stable yields, deep liquidity, and a smoother user experience. This guide shows how these apps come together to form a self-sustaining flywheel, combining practical DeFi with broader appeal for all kinds of users.

Bridge to Nibiru: Simplified With LayerZero & Stargate

Image 1 Layer Zero

Nibiru’s integration with LayerZero unlocks Stargate as the chain’s canonical bridge for many well known assets, including USDC, USDT, and wETH, as well as opening the door to hundreds more from Ethereum, Solana, and other networks. Whichever chain you’re bridging over tokens from, Stargate ensures your funds arrive safely and can be used immediately within Nibiru’s ecosystem.

It’s important to note that LayerZero and Stargate will be live at the V2 public launch. So, right out of the gate, you’ll have frictionless access to liquidity through a wide basket of assets.

Nibiru’s DeFi Pillars

Nibiru Defi Pillars (1)

Now picture this: you’ve successfully bridged USDC onto Nibiru and you’re ready to put that capital to work. You can expect a variety of trusted dApps that will each play a unique role:

1. Oku.Trade for Advanced Trading

Oku.Trade for Advanced Trading

Oku brings Uniswap V3 contracts to Nibiru. By leveraging Uniswap’s proven AMM model, Oku lets traders manage their liquidity position with precision, choosing specific price ranges for LP positions or utilizing limit orders for tighter control over entries and exits. This caters to everyone from casual users to pro traders, all within a user-friendly interface connected to Nibiru’s EVM chain. Oku Ramp also offers the ability to deposit crypto from your bank account.

2. Maple Finance for Base Yield

Maple finance

Syrup offers institutional lending by enabling users to deposit USDC and mint SyrupUSDC, a token backed by an overcollateralized portfolio of short-duration, fixed-rate loans to top-tier crypto institutions. Generated through Maple's digital asset lending platform, SyrupUSDC delivers stable, consistently high yields with proven outperformance relative to leading DeFi lending protocols, making it a robust foundation for further yield-enhancing strategies. This setup provides users with reliable yield streams and readily accessible liquidity.

3. LayerBank for Borrowing

Layerbank

LayerBank is a lending and borrowing marketplace where you can use assets like stNIBI as collateral. By tapping into LayerBank’s money markets, projects and individuals alike can unlock additional capital without ever leaving Nibiru. This encourages higher utilization of funds as borrowers redeploy their tokens throughout the ecosystem.

4. MIMSwap for Stablecoin Efficiency

MIMSwap for Stablecoin Efficiency

With MIMSwap and Abracadabra integration approved by the Abracadabra DAO, MIMSwap will go live on Nibiru, providing a stable-focused AMM for minimal slippage on pairs like MIM/USDC. Instead of juggling different swapping platforms, users can rely on MIMSwap for straightforward stableswaps, ensuring correlated assets remain in constant circulation across the chain. Afterwards, Abracadabra cauldrons will allow users to leverage against their collateral for further yield.

5. ICHI Vaults for Auto-Managed Strategies

ICHI Vaults for Auto-Managed Strategies

For a hands-off experience, ICHI vaults automate single-asset strategies, handling liquidity management and yield farming for you. By depositing stablecoins or other supported tokens, you gain exposure to DeFi yields without the headache of running multiple platforms. It’s a key step in Nibiru’s vision of making DeFi accessible to everyone, from first-time participants to seasoned veterans.

6. BIMA for Bitcoin-Backed Lending

Bima

If you’d prefer to use Bitcoin as collateral, you can use Bima to mint a stablecoin called USBD, over-collateralized by Bitcoin derivatives, unlocking further opportunities to earn yield. There will be various risk-reward profiles, ranging from delta neutral investment strategies to higher volatility strategies. Minted USBD earns sUSBD, which represents a user’s staked collateral and unlocks further opportunities to earn yield and maximize capital efficiencies.

Collectively, these platforms create a diverse, interconnected DeFi landscape on Nibiru. By offering stable yields, convenient borrowing, efficient stablecoin swaps, and automated liquidity strategies, they give users a cohesive way to engage with on-chain finance, without sacrificing flexibility or simplicity.

But there’s A LOT more to explore on Nibiru’s ecosystem.

Culture & Emerging dApps: NFTs, Memecoins, Perps, and Prediction Markets

A wave of unique apps are expanding utility on-chain, tapping into NFTs, prediction markets, perps trading, and identity. Here are some of the projects that bring a fresh addition to Nibiru’s ecosystem:

1. Sai Perps Exchange

Sai

A decentralized futures platform built natively on Nibiru, Sai Perps offers leveraged trading for a variety of crypto assets. Fast finality and deep liquidity mean users can open and close positions with minimal slippage, all while staying in full control of their funds. SAI also enables LP tokens to be used across the ecosystem paving the way for delta-neutral LP positions. For anyone looking to hedge, speculate, or just dip into on-chain perps, Sai aims to be your go-to venue.

2. Virtual Labs Perps Exchange (VDEX)

Virtual Labs Perps Exchange

Virtual Labs takes the idea of perpetuals a step further with VDEX, an omnichain approach that seeks to link Nibiru’s liquidity with other networks. Imagine seamless, cross-chain trading of derivatives in a single interface. That’s the vision here: a more unified market for traders who don’t want to hop from chain to chain.

3. Element NFT Marketplace

element

For creators and collectors alike, Element is the flagship NFT marketplace on Nibiru. It aggregates listings, makes bulk transactions easy, and offers a user-friendly interface for discovering digital art, gaming assets, or collectibles. Whether you’re collecting NFTs or wanting to launch your own creations, Element brings an accessible platform to Nibiru’s growing cultural side. Nibiru also has an ongoing initiative to encourage builders to deploy their own NFT collections here!

4. Unstoppable Domains

domain

Replacing long wallet addresses with human-readable .nibi domains, Unstoppable Domains integrates Web3 identity straight into Nibiru. It simplifies everything from asset transfers while letting you own your online identity. Claim your domain today.

5. BRKT

brkt

BRKT offers bracket-based prediction tournaments on sports, crypto events, and beyond, turning speculation into a gamified experience. Have conviction towards a side? Put it to the test. By letting users stake outcomes in head-to-head or multi-round brackets, BRKT adds a layer of fun and competition to the ecosystem, perfect for anyone who likes a bit of risk with their social engagement.

6. Omni Pump and Omni Swap

omni

Omni is introducing two product suites to the Nibiru ecosystem: Omni Swap (a V2-style DEX) and Omni Pump (a fair-launch memecoin launchpad). With Omni Pump, anyone can spin up a memecoin in minutes and rally a new community around it. Once the token’s bonding curve reaches 100%, that memecoin gets seeded onto Omni Swap. Think Pump.fun but fair-launched.

7. PRDT Finance

pdrt

PRDT is another prediction market on Nibiru where users can bet on price movements in a number of assets including FX rates, commodities and crypto prices. PRDT is ideal for anyone looking to dip their toes into speculative trading or quick wagers.

To utilize these apps, we’ve added familiar tools to enhance your experience.

Access Nibiru Apps with UX-Friendly Wallets

The ecosystem is accessible through a set of wallets and SSO providers, offering users with a familiar experience as they explore Nibiru’s app ecosystem. The main wallets on Nibiru are:

  • MetaMask
  • WalletConnect
  • Coinbase Wallet
  • Keplr
  • Leap Wallet
  • Web3Auth (Gmail, iCloud, WeChat, etc.)

The ecosystem is young on Nibiru, but is quickly maturing. Whether you’re here for the stablecoin yields, trading, or wanting to spin up your own NFT project, there’s plenty to explore, with more surprises as users onboard to Nibiru EVM.

As Nibiru continues to ship new features and onboard fresh projects, the real magic lies in how each of these apps can interconnect to form an ever-stronger flywheel. Stay tuned, keep building, and get amped as we prepare for the next phase of Nibiru V2's growth. Ask yourself…Wen? 👀