Kujira
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Kujira in numbers
Kujira (KUJI) ranks #1788 by market capitalization, at $1.44M. It belongs to the Networks sector (Layer-1). Its all-time high of $5.57 was reached on Dec 14, 2023; the current price is 99.8% below that peak. Its cycle low of $0.0131004 came on Oct 4, 2026.
It is available on 7 networks.
About Kujira
Kujira is a decentralized finance platform that offers tools for cryptocurrency trading and yield farming. It features a unique liquidation engine and a user-friendly interface, focusing on accessibility and efficiency in DeFi activities.
Background
Kujira was co-founded by the pseudonymous Brett, Hans, and Dove to “provide fair and equal opportunities for all investors in the decentralized finance (DeFi) space.” The network was founded in May 2021 following a liquidation cascade on Terra Classic’s Anchor Protocol that saw the price of LUNA drop approximately 75% (from $16 to $4) in one week. This resulted in many retail investors being liquidated by liquidation bots. In response, Kujira’s project team deployed ORCA (previously Harpoon Protocol) on Terra Classic, an application for anyone to bid on undercollateralized loans from Anchor Protocol without writing code.
Terra Classic was halted on May 12, 2022. The next day (May 13, 2022), the Kujira project team announced that it would develop its own Layer-1 network using the Cosmos SDK to replace its application on Terra Classic. On July 1, 2022, Kujira’s mainnet was launched, allowing CW-20 KUJI and CW-20 sKUJI tokenholders on Terra Classic at the time of the snapshot to migrate to native KUJI at a 1:1 ratio. The mainnet launch also saw the release of (i) BLUE, Kujira’s interface for KUJI staking and onchain governance and (ii) FIN, Kujira’s order book-based decentralized exchange (DEX).
Following the mainnet launch, the project team deployed several applications and features: