> For the complete documentation index, see [llms.txt](https://aipx.gitbook.io/aipx-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://aipx.gitbook.io/aipx-documentation/introduction.md).

# Introduction

aiPX: Decentralized perpetuals, binary options, swaps and real yield.

<figure><img src="https://1455437049-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwvQETCXpIhvV7yd08SRF%2Fuploads%2FXjMir3g6Z2dJDHhtQDhk%2Flogo-wide-black.png?alt=media&amp;token=3036ee04-d85f-4873-9c04-3a2028117a2d" alt=""><figcaption></figcaption></figure>

aiPX is a decentralized, non-custodial perpetual DEX with a focus on risk management and an innovative liquidity solution for liquidity providers, originally launched by Level Finance. Along with providing a cutting edge trading solution for decentralized perpetuals, aiPX has a robust roadmap, including binary options and synthetics, that aims to establish the protocol as the go-to decentralized suite for traders of all styles and skill levels.

aiPX enables capital-efficient hedging with near-zero market impact for traders, while providing passive earnings to liquidity providers and stakers with a robust, real yield ecosystem enabled by the AIPX token.