> 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

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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.