Learn Osmosis
Osmosis is an onchain decentralized exchange and the liquidity hub of the Cosmos ecosystem. It lets anyone trade, provide liquidity, and launch assets across dozens of interconnected chains, with the trading logic, liquidity, and governance all living onchain.
This section explains the ideas behind Osmosis: what the protocol is, how its markets and tokenomics work, and the concepts you will meet throughout the rest of the docs. No code or node setup here, just the mental model. If you want to integrate against Osmosis, build on it, or run a node, head to Integrate, Build, or Validate once the concepts make sense.
Start with What is Osmosis? for the overview, The OSMO Token for tokenomics and governance, and the Glossary whenever a term is unfamiliar. The Features pages explain the mechanisms that make Osmosis distinct (concentrated liquidity, the EIP-1559 fee market, fee abstraction, ProtoRev, and more), and Getting Started walks through connecting a wallet and making your first trade.
What is Osmosis?
The cross-chain DEX and liquidity hub.
The OSMO Token
Tokenomics, staking, governance, and fees of the OSMO token.
Getting Started
Connect a wallet and make your first trade on Osmosis.
IBC Protocol
How Osmosis uses IBC to move assets across the interchain.
Features
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Glossary
Definitions for the DeFi and Cosmos terms used throughout the docs.