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

# How it works

- [Architecture](https://docs.deri.io/how-it-works/architecture.md): Overview
- [DPMM (Proactive Market Making)](https://docs.deri.io/how-it-works/dpmm-proactive-market-making.md)
- [Oracle](https://docs.deri.io/how-it-works/oracle.md)
- [External Custody](https://docs.deri.io/how-it-works/external-custody.md)
- [Funding Fee](https://docs.deri.io/how-it-works/funding-fee.md)
- [Leverage](https://docs.deri.io/how-it-works/leverage.md)
- [Margin Requirement](https://docs.deri.io/how-it-works/margin-requirement.md)
- [Open Interest](https://docs.deri.io/how-it-works/open-interest.md)
- [Liquidation](https://docs.deri.io/how-it-works/liquidation.md)
- [Mining (AMM Liquidity Mining)](https://docs.deri.io/how-it-works/mining-amm-liquidity-mining.md): Liquidity
- [Limit Orders and Stop Orders](https://docs.deri.io/how-it-works/limit-orders-and-stop-orders.md)