{
  "schemaVersion": 1,
  "id": "sai",
  "version": "1.0.0",
  "name": "SAI",
  "reviewedAt": "2026-10-14",
  "reviewIntervalDays": 14,
  "reviewer": "Decentralised News editorial research",
  "evidenceType": "provider_documentation",
  "liveTested": false,
  "summary": "SAI documents gasless trading on Nibiru, but trading, trigger and rapid-close charges remain separate. Collateral and holding-time conditions are essential to any cost comparison.",
  "scope": "Provider-documentation review of SAI perpetual trading. Not a live execution test, exhaustive product inventory, security audit or individual eligibility assessment.",
  "decisionTitle": "Gasless does not mean a cost-free round trip.",
  "decisionContext": "Scope: SAI perpetuals on Nibiru and documented fee mechanics. No live fee, contract-parameter or execution benchmark was performed. Liquidity-vault returns are outside scope.",
  "sources": [
    {
      "id": "about",
      "name": "SAI platform and collateral guide",
      "url": "https://sai.fun/docs/learn",
      "reviewedAt": "2026-10-14"
    },
    {
      "id": "fees",
      "name": "SAI trading and rapid-close fees",
      "url": "https://sai.fun/docs/learn/trading/fees",
      "reviewedAt": "2026-10-14"
    },
    {
      "id": "model",
      "name": "SAI borrowing-model explanation",
      "url": "https://sai.fun/blog/01-intro-to-sai/",
      "reviewedAt": "2026-10-14"
    },
    {
      "id": "chain",
      "name": "Nibiru SAI overview",
      "url": "https://nibiru.fi/docs/ecosystem/apps/sai-fun-perps",
      "reviewedAt": "2026-10-14"
    }
  ],
  "networks": [
    {
      "id": "sai",
      "name": "SAI perpetual trading (review scope)",
      "collaterals": [],
      "collateralNote": "The current About guide describes USDC and stNIBI collateral. Verify the supported asset, bridge route and current app configuration before depositing."
    }
  ],
  "claims": [
    {
      "id": "collateral",
      "question": "Is a funding-chain asset already usable on Nibiru?",
      "label": "Provider-reported",
      "finding": "The About guide describes USDC and stNIBI collateral and bridge routes to Nibiru EVM.",
      "consequence": "Verify the destination token and network. A supported collateral name does not make every transfer route compatible.",
      "sourceIds": [
        "about"
      ]
    },
    {
      "id": "gas",
      "question": "Which costs remain when trading gas is zero?",
      "label": "Provider-reported",
      "finding": "The fee guide distinguishes Nibiru gas from trading fees, automated-order trigger charges and bridging costs.",
      "consequence": "Include the complete entry, holding and exit path when comparing costs. Gasless trading alone says little about net performance.",
      "sourceIds": [
        "fees"
      ]
    },
    {
      "id": "rapid",
      "question": "Can a quick exit add a separate fee?",
      "label": "Provider-reported",
      "finding": "The fee page describes an extra rapid-close charge that decays with holding time. Protected markets can use different peak settings.",
      "consequence": "Inspect the selected market and intended holding period. A standard taker rate omits this possible exit cost.",
      "sourceIds": [
        "fees"
      ]
    },
    {
      "id": "liquidation",
      "question": "Do referral or tier discounts reduce every charge?",
      "label": "Provider-reported",
      "finding": "The guide applies fee multipliers to ordinary trading charges but describes liquidation fees separately as collateral-based and exempt from those discounts.",
      "consequence": "Keep ordinary trade charges and liquidation penalties separate. Discount eligibility is not loss protection.",
      "sourceIds": [
        "fees"
      ]
    },
    {
      "id": "holding",
      "question": "Does the absence of a fixed funding window remove holding costs?",
      "label": "Provider-reported",
      "finding": "The provider explanation describes a continuous borrowing fee updated by block rather than conventional fixed-window funding payments.",
      "consequence": "Verify the current borrowing rate and elapsed duration. No fixed funding window does not mean no cost of holding.",
      "sourceIds": [
        "model"
      ]
    },
    {
      "id": "execution",
      "question": "Does oracle settlement guarantee the desired exit?",
      "label": "Provider-reported",
      "finding": "The Nibiru overview describes oracle settlement, market/limit orders and stop-loss/take-profit triggers.",
      "consequence": "These are documented mechanisms, not measured reliability. DN has not verified fills or trigger execution under stress.",
      "sourceIds": [
        "chain"
      ]
    }
  ],
  "illustration": null,
  "unknowns": [
    "Current executable quotes and all-in holding costs",
    "Independent fill, stop-loss and withdrawal reliability",
    "Live signing permissions and revocation behaviour",
    "Individual eligibility and current regional restrictions"
  ],
  "history": [
    {
      "date": "2026-10-14",
      "type": "DN publication",
      "detail": "Initial documentation brief. Account-specific conditions and evidence limits are preserved in this version."
    }
  ],
  "reviewTriggers": [
    "Changed official product, fee or margin documentation",
    "A substantiated correction",
    "The 14-day editorial review deadline"
  ],
  "disclosure": "DN may receive compensation through commercial links elsewhere on the site. This brief contains no trading CTA or payout-based ranking. A documentation review does not establish current operational status or user eligibility."
}