Kyber
Kyber is a term used in different contexts, most notably in blockchain technology and in the Star Wars fictional universe. In blockchain, Kyber Network refers to a decentralized liquidity protocol that enables on-chain token swaps. Built on Ethereum and other networks, it allows users to exchange tokens directly on-chain without relying on centralized order books. The system operates through on-chain liquidity reserves managed by liquidity providers, with an on-chain routing mechanism that seeks the best available rate across reserves. Fees earned by reserve managers help incentivize participation. The Kyber token, originally Kyber Network Crystal (KNC), has been used for governance and staking within the protocol’s framework, including participation in KyberDAO. The project has evolved through iterations and related products, such as KyberSwap, which provides user-facing interfaces for on-chain swaps.
In the Star Wars fictional universe, kyber crystals are described as rare crystals that power lightsabers and