Derivatives · Review
ActiveSai Review 2026: Nibiru Perpetual Futures
Sai is a Nibiru-based perpetual futures exchange for leveraged long and short trades, with limit orders, stop-losses, take-profits and a yield feature. Its advertised low fees are not quantified, and key details about audits and custody are missing.
By the DappsAtlas editorial team · Updated
DappsAtlas score
4.5/10
Weak
Our verdict on Sai
4.5/10Sai may suit traders who want long and short perpetual futures on Nibiru, with limit orders and tools for managing exits. Its main strength is a focused set of leveraged trading features paired with a stated onchain approach. The main caveat is limited disclosure: Sai does not publish a fee schedule or explain its custody and contract setup, and no audit is listed. Leverage also creates liquidation risk, so traders should understand the position terms before committing funds.
Score breakdown
How Sai scores
- Security
- 2.0/10
- Ease of use
- 5.0/10
- Fees
- n/a
- Features
- 6.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Sai?
Sai is a perpetual futures exchange built on Nibiru. It offers leveraged long and short trades and lists limit orders, stop-losses and take-profits as trading tools. The project also describes a yield feature.
Sai advertises low fees and low-impact trades, but does not publish a fee schedule or specify its supported markets and leverage limits in its project description. It describes its trading experience as fully onchain, without detailing its custody or contract setup.
How Sai works
Sai offers perpetual futures: contracts that let traders take long or short exposure to an asset without buying and holding that asset directly. Leverage increases exposure relative to the funds committed, which can magnify both gains and losses and can lead to liquidation. Sai does not specify its markets, leverage limits or collateral options in its project description.
The listed tools include limit orders, stop-losses and take-profits. Sai also describes a yield feature, but does not explain how it works. The exchange says the trading experience is fully onchain and built on Nibiru; its project description does not detail the contracts or custody arrangements behind that experience.
4 features
Key features
01
Leveraged futures
Sai supports opening long and short perpetual futures positions with leverage. The available markets and leverage limits are not specified in its project description.
02
Order controls
The exchange lists limit orders, stop-losses and take-profits among its trading tools.
03
Yield feature
Sai says users can earn yield, but does not explain the yield mechanism or its terms in the project description.
04
Onchain trading
Sai describes its trading experience as fully onchain and says it is built on Nibiru.
Pros and cons
What we like
- Supports both long and short perpetual futures positions.
- Lists limit orders, stop-losses and take-profits as trading tools.
- Built on Nibiru and described as a fully onchain trading experience.
- Includes a yield feature alongside trading.
Watch out for
- Sai does not publish a fee schedule, so the advertised low fees cannot be compared from the published details.
- No audit is listed, and the platform does not explain its custody or contract setup.
- Supported markets, available leverage and collateral options are not specified.
- Perpetual futures carry liquidation risk, and leverage can amplify losses.
Sai fees
Sai advertises low fees, but a fee schedule and specific trading charges are not published in its project description. Check the trading interface for applicable fees before placing an order.
Is Sai safe?
No audit is listed for Sai. Its project description does not explain the smart-contract design, custody arrangements or incident history, so those aspects are difficult to assess.
Perpetual futures involve liquidation risk, and leverage can increase losses quickly. Sai's licensing and KYC requirements are not specified. Use crypto trading services only where they are legal for you, and do not trade with money you cannot afford to lose.
6 steps
How to get started with Sai
- 1
Visit Sai's official site and review the markets and terms shown there.
- 2
Connect a compatible wallet if the interface prompts you to do so.
- 3
Use the interface to check which assets and collateral options are currently supported.
- 4
Choose a market and review the leverage, order details and any displayed fees.
- 5
Set any available risk controls, such as a stop-loss or take-profit, before submitting an order.
- 6
Monitor your position and understand the liquidation risk before adding or keeping leverage.
Who Sai is for
Sai is aimed at crypto traders who understand perpetual futures and want to take leveraged long or short positions on Nibiru. It is less suitable for beginners who need clearly published fees, detailed contract disclosures or a full explanation of the platform's yield feature before using it.
Sai FAQs
What is Sai?
Sai is a perpetual futures exchange built on Nibiru. It offers leveraged long and short trades, along with limit orders, stop-losses, take-profits and a yield feature.
What can you trade on Sai?
Sai says it supports trading on a wide array of digital assets, but specific markets are not listed in its project description. Check the trading interface for the markets currently available.
What are Sai's trading fees?
Sai advertises low fees but does not publish a fee schedule in its project description. Review any charges shown in the trading interface before placing an order.
Which blockchain does Sai use?
Sai is built on Nibiru and describes its trading experience as fully onchain. It does not explain its custody or smart-contract setup in the project description.
Is Sai a crypto casino?
Sai is a leveraged trading product, not a gambling service. Using it still involves substantial financial risk; check local laws before using crypto services where you live.
Compare
Sai alternatives
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LayerBank, formerly LineaBank, is a permissionless multi-chain money market for lending and borrowing crypto, with about 5.4M USD TVL.
Eris Protocol is a liquid staking and arbitrage protocol on twelve Cosmos-ecosystem chains, for holders who want liquid tokens against their staked assets.
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How we checked
Sources
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