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

# TFX

**TFX** is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades.

**Trading** is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees and leverage trading.

**Dynamic pricing** is supported by [xOracle](/tfx/features/xoracle.md) and an aggregate of prices from leading volume exchanges.

<figure><img src="/files/uGp3eYQ7xcrM5FPiB4Jz" alt=""><figcaption></figcaption></figure>

### **💎 Real Yield**

Protocol revenue share paid out to Community users, The yields are real protocol fees, they are not from governance token farming, and are intended for sustainable growth.

### **🏦 Protocol-owned liquidity (POL)**

All of the liquidity (xLP) in the vault is provided by Templar DAO, keeping the protocol always liquid, low cost, and sustainable.

### **🪙 Vault Strategy**

The assets liquidity (xLP) in the vault is used for yield farming on reliable DEXs. That maximizes protocol liquidity efficiency and provides the highest possible return to xLP providers.

### Basics

* For community holders: [Coming](https://tfx-market.gitbook.io/tfx/basics/tokenomics)
* For liquidity providers: [xLP](/tfx/basics/xlp.md)
* For traders: [Trading](/tfx/basics/trading.md)

*"Templar utilized TradingView technology to display data on charts. TradingView is a charting platform for a global community of traders and investors, but it's especially valued by crypto enthusiasts: you can track detailed symbol charts,* [*e.g. BTC USD*](https://www.tradingview.com/symbols/BTCUSD/) *and* [*ETH USD to* ](https://www.tradingview.com/symbols/ETHUSD/)*always stay on top of where the markets are moving and be prepared for a next trade."*