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 and The OSMO Token for tokenomics, then Getting Started walks through connecting a wallet and making your first trade. How Trading Works, Providing Liquidity, and Staking and Governance explain the core mechanics in plain language, and IBC Protocol covers how assets move across chains to reach Osmosis. The Features pages go deeper on what makes Osmosis distinct (concentrated liquidity, the fee market, fee abstraction, ProtoRev, the orderbook, and more). Reach for the Glossary whenever a term is unfamiliar.
What is Osmosis?
The cross-chain DEX and liquidity hub.
The OSMO Token
Tokenomics, staking, governance, and fees of the OSMO token.
Getting Started
Set up a wallet and deposit your first funds onto Osmosis.
How Trading Works on Osmosis
How pools, swaps, price impact, slippage, and fees work, in plain language.
Providing Liquidity
What it means to provide liquidity: position types, impermanent loss, and rewards.
Staking and Governance
Delegation, rewards, unbonding, and how governance proposals work.
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.