Bubu has a gauge in the centre of the screen.
The number in the centre is her "Light Crystal" value.
The circular bar around the outside charges as she gains "Optic Halo".
Bubu's regular shots from her Dual SMGs charge up the "Optic Halo" around the edge of the gauge in the centre of the screen.
Each shot gains 1 Optic Halo, up to a max of 16.
Bubu needs to fully charge four times per rotation, but her Dual SMGs have an ammo capacity of 100, so hitting the 64 shots needed isn't usually overly difficult.
Standard Skill - Uncharged
If you use her standard skill when the Optic Halo gauge isn't full, Bubu will do an AoE attack in front of her, dealing Chaos damage to up to 5 enemies.
This is just an AoE skill dealing skill damage to up to 5 enemies - There's nothing special about it beyond that.
This does deal 210% damage, giving it actually quite good dps for something on a 2.5s cooldown.
With its first Neuronic buff, it gains S-Energy and a 0.5s cooldown for each target it hits. This means that when hitting 5 targets Bubu can spam it indefinitely
Being able to spam this repeatedly against groups does actually give Bubu very good AoE dps - her standard damage rotation of shooting and using her ult is better against single-targets, but against large groups just spamming her standard skill is a very good option.
Note that this uncharged Standard Skill damage doesn't give or use any Light Crystals, and as such doesn't proc her Verdure logistics set, meaning that using Bubu's uncharged Standard Skill can cause the Verdure logistics buff to time out.
As such, if you want Bubu to deal maximum dps then you never want to use her Standard Skill while it's uncharged.
When the Optic Halo gauge is full, you can use Bubu's Standard Skill to shoot a "Spectral Shot" at the enemy.
This Spectral Shot:
Does actually count as a shot, so for example it benefits from per-shot aptitude buffs like those from Tess - Phantasia's Support Skill.
Has auto-lock-on, meaning that provided you're looking vaguely near an enemy it can't miss.
Is a Guaranteed Crit.
Has fixed Compatibility value of 252%
Her 4* and 5* weapons both have a Compatibility value of 18.21%, meaning this Spectral Shot deals 13.8x the base damage of a regular shot.
Increases the "Light Crystal" value in the centre of the gauge, up to a max of 4.
Note that the Spectral Shot has to deal damage to an enemy to gain this, so if it misses or hits terrain instead of an enemy then you don't gain a Light Crystal.
Inflicts 1 "Fracture Mark" on the enemy, up to a max of 24 marks per target.
Moves Bubu a little bit.
If you aren't telling Bubu to move in a specific direction, she will instead default to moving backwards.
When Bubu has at least 2 Light Crystals, you can use her ult to enter "Specular Realm form".
In this form, using her Ult doubles the number of Light Crystals she has, and enhances her Standard Skill shot, which consumes 1 Light Crystal per shot to also deal a "dual skill shot" (a.k.a. "extra damage") that also deals splash damage to up to 5 targets 3x times, each inflicting 2 Fracture Mark, up to 4 marks per-target.
Whilst in her ult form, her standard skill still doesn't use S-Energy or have any cooldown, but regular shots don't generate any Optic Halo.
Whilst not stated in her skill description, her Dual Skill Shot is purely ballistic damage with Weapon Compatibility fixed to 48%.
Bubu's ult ends after she runs out of Light Crystals.
You can end it early (before she runs out of Light Crytsals) by using her ult again.
When doing this, Bubu deals AoE chaos damage directly in front of her, dealing extra damage per Fracture Mark.
Regardless of whether you have the second Neuronic, the damage is roughly 50:50 blast to fracture mark. (55:45, or 47.5:52.5 with the Neuronic)
Note that this blast always happens directly in front of Bubu, and enemies at long range won't be affected by the blast.
Bubu's ult also ends early if she's in her ult form for more than 30s. Her ult ending this way doesn't trigger a blast.
Bubu leaving the field immediately ends her ult without triggering a blast.
Note that her ults first Neuronic gives her ult +100% Final damage if the "Specular Slash" only hits 1 target.
The Specular Slash is is the extra AoE damage.
The 4 Spectral Shots from her standard skill inflict 1 Fracture Mark each, for 4 total.
Bubu's ult then gives her 8 shots, each of which inflict up to 4 Fracture Mark, meaning Bubu can get to the max of 24 Fracture Mark pretty easily.