Overview
What is Nunchi?
Nunchi is a decentralized perpetuals exchange built for leveraged trading on yield-bearing assets, volatility indices, and macroeconomic instruments. The platform converts onchain funding rates and offchain real-world assets into tradable perpetual instruments through Yield Perps and Basis Perps.
Users can go long or short on yields, hedge rate and principal risks, and access DeFi positions unavailable on traditional platforms—including shorting yields or locking in fixed rates. Backed by Anchorage, TPC Ventures, WAGMI, and YLD traders, Nunchi currently operates on Hyperliquid with integrations on Pendle for vault management and liquidity positions.
Participation Guide
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1
Step 1: Get HYPE from Hyperliquid
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2
Step 2: Stake HYPE for nHYPE
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3
Step 3: Deposit Stablecoins for nLP
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4
Step 4: Split nLP on Pendle
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5
Step 5: Monitor cHIPs Progress