# Lightpaper

## Lightpaper

- [Definition & Vision](https://paper.yamata.io/definition-and-vision.md)
- [Executive Summary](https://paper.yamata.io/executive-summary.md)
- [Why Now: The Crypto Trading Dilema](https://paper.yamata.io/why-now-the-crypto-trading-dilema.md): The CEX dominance Problem
- [The Trust Crisis](https://paper.yamata.io/the-trust-crisis.md)
- [The DEX Dilemma](https://paper.yamata.io/the-dex-dilemma.md)
- [The Yamata Solution](https://paper.yamata.io/the-yamata-solution.md): A New Trading Paradigm
- [Progressive Abstraction Journey](https://paper.yamata.io/progressive-abstraction-journey.md)
- [Advanced Trading Features](https://paper.yamata.io/advanced-trading-features.md)
- [Trading Fees](https://paper.yamata.io/advanced-trading-features/trading-fees.md)
- [The Optimistic Hybrid Exchange](https://paper.yamata.io/the-optimistic-hybrid-exchange.md)
- [The Guardian Node Network](https://paper.yamata.io/the-guardian-node-network.md)
- [Challenge & Security Mechanism](https://paper.yamata.io/challenge-and-security-mechanism.md)
- [Trading without Trade-offs](https://paper.yamata.io/trading-without-trade-offs.md)
- [Security and Incentives](https://paper.yamata.io/security-and-incentives.md): Traditional exchanges ask traders to trust their operations. Yamata replaces trust with cryptographic guarantees and economic incentives that make malicious behavior more expensive than honest operati
- [The Path to Volume Flippening](https://paper.yamata.io/the-path-to-volume-flippening.md)
- [Perpetual Futures](https://paper.yamata.io/perpetual-futures.md): Overview
- [Key Features](https://paper.yamata.io/perpetual-futures/key-features.md)
- [Margin & Collateral](https://paper.yamata.io/perpetual-futures/margin-and-collateral.md)
- [Perpetual Contract Mechanics](https://paper.yamata.io/perpetual-futures/perpetual-contract-mechanics.md)
- [Perpetual Order Types](https://paper.yamata.io/perpetual-futures/perpetual-order-types.md)
- [Risk Engine & Liquidation](https://paper.yamata.io/perpetual-futures/risk-engine-and-liquidation.md)
- [Supported Markets & Leverage](https://paper.yamata.io/perpetual-futures/supported-markets-and-leverage.md)
- [Perpetuals API Guide](https://paper.yamata.io/perpetual-futures/perpetuals-api-guide.md)
- [Prediction Markets](https://paper.yamata.io/prediction-markets.md)
- [Overview](https://paper.yamata.io/prediction-markets/overview.md)
- [What Are Prediction Markets?](https://paper.yamata.io/prediction-markets/what-are-prediction-markets.md)
- [Platform Features](https://paper.yamata.io/prediction-markets/platform-features.md)
- [How It Works](https://paper.yamata.io/prediction-markets/how-it-works.md)
- [Beta-Weighted Distribution](https://paper.yamata.io/prediction-markets/beta-weighted-distribution.md)
- [Market Lifecycle & States](https://paper.yamata.io/prediction-markets/market-lifecycle-and-states.md)
- [Market Resolution & Challenge System](https://paper.yamata.io/prediction-markets/market-resolution-and-challenge-system.md)
- [Position Tokens (ERC-1155)](https://paper.yamata.io/prediction-markets/position-tokens-erc-1155.md)
- [Participating in Markets](https://paper.yamata.io/prediction-markets/participating-in-markets.md)
- [Security & Transparency](https://paper.yamata.io/prediction-markets/security-and-transparency.md)
- [Best Practices](https://paper.yamata.io/prediction-markets/best-practices.md)
- [Supported Networks](https://paper.yamata.io/prediction-markets/supported-networks.md)
- [FAQ](https://paper.yamata.io/prediction-markets/faq.md)
- [Legal and compliance](https://paper.yamata.io/prediction-markets/legal-and-compliance.md)
- [Join The Onchain Revolution](https://paper.yamata.io/join-the-onchain-revolution.md)


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on a page URL with the `ask` query parameter:
```
GET https://paper.yamata.io/definition-and-vision.md?ask=<question>
```
The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.