• Sai is a perpetual decentralized exchange (perp DEX) built on Nibiru, a high-throughput Layer-1 with a unified EVM and Wasm execution layer. • The perp DEX has proven to be the dominant instrument for crypto exposure, enabling leverage trading of assets. • 4, 2025, cumulative volume on perp DEXs has grown 653.3% year-to-date (YTD) to $11.3 trillion. • Sai utilizes decentralized oracles to power its markets and uses Sai Liquidity Positions (SLP) vaults as a GLP-style liquidity basket, where a single, multi-asset pool backs multiple perp markets at oracle-derived prices rather than constant-ratio AMM curves. • This design enables the listing of both crypto and non-crypto assets, provided reliable external price feeds are available. • Sai’s roadmap focuses on expanding real-world asset markets, integrating more DeFi deployments, and delivering a CEX-like account experience with gasless trades, automated strategies, a crypto-based savings account, multichain USDC deposits that allow users to fund directly from networks like Ethereum and Base, a native mobile application, and improved fiat and cross-chain funding.

Article Summaries:

  • Sai is a perpetual decentralized exchange (perp DEX) built on Nibiru, a high-throughput Layer-1 with a unified EVM and Wasm execution layer. The perp DEX has proven to be the dominant instrument for crypto exposure, enabling leverage trading of assets. As of Dec. 4, 2025, cumulative volume on perp DEXs has grown 653.3% year-to-date (YTD) to $11.3 trillion. Sai utilizes decentralized oracles to power its markets and uses Sai Liquidity Positions (SLP) vaults as a GLP-style liquidity basket, where a single, multi-asset pool backs multiple perp markets at oracle-derived prices rather than constant

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