Layer 1
TVL Not Available
Market cap
24hr Trading Vol
Fully Diluted Val
Circulating Supply
Total Supply
Max Supply
Feature Coming Soon

Latest News

No News Currently Available
See All News

Strengths and Weaknesses


  • Order books - different assets can be traded without the need for pools
  • Grant distribution - grant awards are decided by nine community-elected senators
  • Developers - the team behind the Kujira blockchain consists of quality developers
  • Inter Blockchain Communications (IBC) - as a multi-chain DEX, Kujira interacts with other blockchains through the IBC protocol


  • Marketing - similar to the Cosmos ecosystem, Kujira could be better known among users of the crypto world

Basic Information

Kujira runs on the Proof of Stake (PoS) consensus.

‘Kujira’ means ‘a whale’ in Japanese. Its name aptly describes its intended direction, which is to turn all humans into whales.

The Kujira blockchain wants to change the playing field in DeFi by creating decentralized applications (dApps) for ordinary users. Its main goal is to bridge the gap between exchanges, staking, and ICOs. It wants to bring the same conditions to small investors that whales have.

Kujira offers efficient, user-friendly apps for everyone, from the crypto beginner to the experienced retail investor. Kujira has five leading apps: BLUE, BOW, FIN, Finder, and Orca. Each of these apps has its own unique use case.

Functioning of the Chain

The Kujira blockchain is built on Cosmos SDK, a toolkit that makes it easy to set up and run your own blockchain.

The basis of the Kujira blockchain is:

  • IBC (Inter Blockchain Communication) protocol
  • Tendermint core
  • Cosmos SDK (software development kit)

IBC protocol allows communication between two or more blockchain networks. It enables the creation of an interchain account that will be the same across all blockchain networks that support IBC. This connection enables you to stake, trade, or participate in DeFi protocols across multiple blockchain networks from a single location.


All blockchain networks connected to IBC have a Tendermint core. Together with the Cosmos SDK, these are the building blocks of the network. With the same foundation, these blockchain networks can communicate quickly, as the IBC takes data from one blockchain, wraps it, and unpacks it on the other blockchain in the correct format. This communication is possible despite different programming languages, as the core is the same.

In addition, the BLUE, BOW, FIN, Finder, ORCA, POD, and Senate applications maintain the operation of the entire blockchain.


This is the ‘Dashboard’ of the Kujira blockchain, where you can vote on its future, swap and stake your KUJI coins, for which you will be rewarded from the income of the Kujira blockchain. You can also find some further information, such as:

  • KUJI coin price
  • Fully Diluted Value (FDV) of  $KUJI
  • Total liquid supply of $KUJI
  • $KUJI APR over a 30-day range
  • Current block height
  • Average block time
  • Total number of Kujira blockchain transactions
  • Inflation percentage
  • Coin release schedule
  • Personal amount of staked KUJI coins
  • Graphic breakdown of total $KUJI supply (including the treasury)


Provides optimal trading conditions for pairs on Kujira’s decentralized exchange (DEX) called FIN. Its purpose is to attract liquidity providers. In addition, it offers a return for adding liquidity to a given trading pair, which narrows the price spread. BOW uses an internal algorithm to automatically enter orders for FIN pairs according to internal token balances. As market buys and sells come in, these orders are filled, causing the internal contract price calculation to shift and resubmit orders at the new mid-market rate. BOW is a self-contained and 100 % on-chain market maker for the FIN order book.


This is an orderbook-style DEX that enables the trading of assets on various blockchains. It provides fully decentralized trading without the need for outdated liquidity pools or inflationary incentives. and removes the risk of volatile losses. As a result, it does not need to give out inflationary tokens to keep liquidity providers in pools.


This is Kujira's official blockchain explorer, tracking addresses, transactions, validators and other elements of the Kujira blockchain.


It is a public marketplace for bidding on liquidated collateral. Thanks to the Dutch auction format, users are able to obtain liquidated collateral at up to a 30 % discount and with the ORCA-based queueing and antibot approach, offers are filled from the most minor discount to the largest, making it easier to determine the optimal discount rate and avoid direct selling by bots.


This is the custom User Interface (UI) of the Kujira blockchain and it takes care of decentralizing the validators.  This system alerts validators who have a lot of staked coins, and who might be influencing the voting. Validators who are flagged should not be entrusted with additional staking coins, in order  to preserve decentralization. POD is constantly being upgraded on the basis of user feedback.


This is the governing structure of the Kujira blockchain. Its primary goal is to represent the community's values and promote the ecosystem's stability and growth. It consists of 9 members, who are elected by the Kujira community. Senate can be found at Kujira - BLUE under the ‘Govern’ section.

Blockchain Kujira has its own stablecoin, called $USK. It is an overcollateralized stablecoin, which means it is covered by at least 166 % by assets, such as $ATOM, $DOT, $wETH, and $wBNB.

Development History


  • in May, originally operating on Terra blockchain, Kujira announced a transition from Terra to Cosmos blockchain due to the collapse of Terra
  • in July, the standalone Kujira blockchain was created in the Cosmos ecosystem
  • in August, its own stablecoin, $USK, was launched
Kujira BLUE is the main page, which is beautifully intuitive. Everything necessary can be found on the left navigation bar. Once you connect the wallet, you can swap, bridge, stake, or vote for senators here. Transactions are fast, and I have been impressed by the widespread use of the Kujira blockchain. Sometimes, the page won't load without a wallet being connected. It might be better to connect your wallet right away when you open the page.



  • Brett - Central front-end developer for Kujira
  • Dove - CEO and public face of Kujira
  • Hans - Central back-end & smart contract developer for Kujira    

Core Team:

  • Dan Tanaka - Growth lead and head biz dev at Kujira
  • Alex - Community manager and runs the Rorcual validator with a partner
  • Daniel Lux - Researches, strategizes, and innovates at Kujira / KujiDAO cofounder
  • Dave - CFA Charterholder, moderator, advisor, involved behind the scenes
  • Jan - Responsible for media and marketing at Kujira
  • Kuji Peruggi - Creates high-quality written content for Kujira
  • Tnut - Biz dev involved in something special TBA later on  

Most of the team members have been working together for a long time on software development for various industries. The team went through the Terra blockchain crash, which brought them even closer together and solidified them for further development. The team is united by a passion for building, and a shared vision for the future.

You can also contact the Kujira team via email - hello@kujira.app or by emailing Dan - dan@kujira.app, one of the core team members directly.


$KUJI is the governance coin of the Kujira blockchain.

Its use:

  • Staking
  • Election of senators
  • Rewards for validators
  • Voting

Anyone can submit a proposal for a change to the Kujira blockchain. Proposals are discussed in the Kujira community and then put to the vote.  You can vote using your staked Kuji coins at the validator. When voting, your vote takes priority over the validator's vote if your validator votes differently from you. If you do not vote on a proposal, your validator will get your vote and vote instead of you.

Kujira’s governance could be more decentralized. The largest validator has 5.95% (as of January 20, 2023) of the coins, but the first 100 addresses out of a total of approx. 38,200 addresses own 45% of all coins and the other 48% are in the combined pool. The remaining 38,100 addresses own 7% of the total coins, of which 16,500 addresses own less than $1 KUJI.

Revenue & Tokenomics

The Kujira blockchain raised funding during the private and public sales of the KUJI coin.

$KUJI was issued in November 2021 and was distributed as follows:

  • Private Sales - 27.975 million coins (12-month vesting)
  • Team - 27 million coins (24-month vesting)
  • Public sale - 24 million coins ( 6-month vesting)
  • Operational - 11.025 million coins (24-month vesting)
  • Rewards - 8.648 million coins ( adjusted after burn)
  • Advisors - 7.5 million coins (12-month vesting)
  • Initial liquidity- 6 million coins
  • Marketing - 6 million coins (24-month vesting)
  • Treasury - 6.75 million coins (24-month vesting)
  • Airdrops - 500 thousand coins (adjusted after burn)

The last embedded KUJI coin from this offering will be released on November 9, 2023.

No new coins will be added to circulation after that date. Instead, the Kujira blockchain will receive funds from users who pay a fee in $KUJI, and these funds are then redistributed among validators and delegates.

Blue Kujira

Daily vesting of $KUJI divided into months.

Total offer:

$KUJI total supply is 122,398,190.844391 coins in circulation.

The original 150 million coins was reduced after a community vote, which led to the burning of rewards from the liquidity pools.

Blue Kujira

Total supply of KUJI coin as of 20 Jan, 2023.

Blue Kujira

The total number of staked $KUJI is 57.8 % as of 20 Jan, 2023.

All KUJI coins are either circulating or being minted, so it is not an inflationary coin.

The vesting of $KUJI for private sales investors ended in November 2022, when there was also a price drop. That's probably when investors sold their last coins from the private sale. Now, they are only vesting coins for the team and the protocol, which should have little impact on the price. The Kuji coin is no longer in danger of a big fall, and its price could only recover in the future, along with the growing Kujira blockchain ecosystem.

The Uniqueness of the Chain

Semi-Permissioned: The administration must first approve every new project on the Kujira blockchain. This will protect the quality and sustainability of Kujira, and the level of its decentralization.

On-chain Scheduler: The Kujira blockchain has an on-chain scheduler that allows smart contracts to be created without greater reliance on bots, resulting in increased efficiency and reduced fees due to fewer transactions.

Built with the Cosmos SDK: This package is known for its modularity, flexibility, and security. It allows for a wide range of possibilities when it comes to developing dApps on the Kujira blockchain.

Creating native tokens: Developers on Kujira don't have to figure out how their tokens work. Thanks to the Kujira blockchain, every token created is a native token of the Cosmos ecosystem, and KUJI coin holders will earn rewards from liquidation and trading proceeds.

The Kujira blockchain, like all blockchains which are built in the Cosmos ecosystem, is building a solid foundation of decentralization and interoperability. These two things significantly differentiate it from competing blockchains and give it a substantial advantage.

How the Network is Secured

75 validators handle the security of the Kujira PoS blockchain. In addition, these validators take care of the production of new blocks:

  • A validator, called the proposer, is selected to submit a new transaction block. Validators vote in 2 rounds to accept or reject the proposed block. If the block is rejected, a new proposer (validator) is selected, and the process starts again. If the block is accepted, it is signed and added to the blockchain.
  • As this process repeats, new blocks are added to the blockchain. Each validator has a copy of all transactions that are executed on the Kujira blockchain, and these are compared against the proposed transaction blocks. Multiple independent validators participate in the consensus vote, making it impossible to accept fake blocks. Validators secure the Kujira blockchain and ensure the validity of each transaction.

Kujira uses slashing to monitor the correct functioning of validators and discourage fraudulent behavior.

If fraud is proven, the slashing function will burn a portion of the perpetrator’s staked assets, according to the severity of their fraud.

  • Double signing: the validator signs two different blocks with the same string ID at the same height. If double signing is proven, 5 % of the total coins of the validator and of each delegate are burned
  • Downtime: the validator must do their job and respond for a certain period of time, or the service may be interrupted. The validator and delegates will be fined 0.01 % of their total coins represented for failure to validate
  • Missed vote: validators should vote within the Kujira blockchain. If they miss a vote, they are subject to a penalty of 0.01 % of the total coins represented.

When choosing a validator, do so carefully, or you may lose some of your coins.

Security of the Kujira blockchain is a top priority. That's why they have detailed contract audits to ensure they are secure.

Kujira Senate audit

ORCA audit

USK stablecoin audit


Validator node

The following minimum hardware requirements are required to run a Kujira node:

  • CPU 8 core X86 or X64
  • 32 GB RAM
  • 1TB storage

Go to this web, which will walk you through the detailed setup of a node.

Then, you will need to set up a pricing oracle. The settings can be found here.

Benefits of having your own node:

  • Collection of fees from delegates for staking
  • Direct involvement in the operation and security of the chain
  • Distribution of rewards


If you want to avoid running your own node, you can delegate your coins to a specific validator:

  • Go to this web
  • Connect your wallet
  • Select the validator that suits you
  • Delegate your coins

Validators are marked in red on the list. The color does not indicate a bad validator but one with many staked coins. For better decentralization, this validator should not receive additional coins for staking. This is only an informative message.

Delegate benefits:

  • No hardware required
  • Easy setup
  • Involved in the operation and security of the blockchain
  • Your vote takes precedence over the validator's vote

When selecting validators, choose only actively participating ones, or you will not receive any rewards.

Road Map


The Kujira blockchain contains 3 applications.

  • Kujira Protocol
  • Black Whale - Yield
  • CALC - Services

Grants and applications on the Kujira blockchain are handled by the Senate.

Senators are expected to engage in public discussion and debate with each other, the public, authorizers, and grant applicants during the deliberations.

The Senate makes decisions on community spending:

  • Research grants
  • Development grants
  • Grants for marketing
  • Community initiatives
  • Community Fund budget

The Senate does not decide on:

  • Basic protocol settings
  • Changes to blockchain parameters

Each motion requires a 75 % quorum, and approval requires more than 50 % support.

The Kujira blockchain developers are among the top in their field, which they proved on the Terra/Luna blockchain. They have taken on the responsibility of launching their own blockchain as a no-holds-barred challenge and will continue to improve.


The Discord community is a little small, but they are still active. They communicate and advise each other, and every new proposal for change in the blockchain is discussed there.

The Twitter account already has a larger following and is the main information channel for the Kujira blockchain. News and future development plans are announced there.

Kujira also publishes weekly reports on their Medium account.


Where to Buy

When buying on a decentralized exchange (DEX), use Kujira’s exchanges directly on the blockchain:

When buying on a centralized exchange (CEX), always check if it supports $KUJI. The KUJI coin is the 381st largest cryptocurrency and therefore even supported by small CEXs.

For example:

Supported Wallets

Ledger Nano X - The most widely used hardware wallet (HW) on the market. When paired with your software wallet (SW), you get more security for your cryptocurrencies

Keplr wallet - SW wallet

Sonar wallet - SW wallet

When using the Cosmos ecosystem, we recommend using the Keplr wallet, which is the best option for DeFi built on the Cosmos blockchain.

Analyst Opinion

The Kujira blockchain is performing superbly. When it was operating on the old Terra blockchain, the team was determined to overhaul the entire DeFi world. After a quick recovery from the Terra collapse, they have shown themselves once again to be revolutionary, but this time, not as a protocol on the blockchain, but as a blockchain in itself. That is a big plus for me.

At first, I was skeptical about the whole new blockchain, but in hindsight, it was the best choice the Kujira team could have made. Thanks to IBC, transferring your assets between the blockchain is quick and cheap, and everything else is taken care of by BLUE, which is clear and intuitive.

I was intrigued by their POD system, which highlights the decentralization of validators. It's definitely a step in the right direction, as the user can see how many coins they have, and the level of involvement in network management when selecting a validator. The Kujira team has also developed other applications, such as FIN. You can use the order book to set prices for buys and sales.

The Kujira blockchain does have one flaw, and that is weak marketing, much like the entire Cosmos ecosystem. Compared with the competition, they are still in a great place, and with the market starting to turn, they are poised to set a new standard in DeFi and cross-chain communication.

Ondřej Tittl


Sorry, no more analyses.


Sorry, no more analyses.