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

# Flash Trade Protocol

- [FAF Token](https://docs.flash.trade/flash-trade/flash-trade-protocol/faf-token.md)
- [FAF: An Ownership Token](https://docs.flash.trade/flash-trade/flash-trade-protocol/faf-token/faf-an-ownership-token.md): Flash Trade is building a protocol where token holders are real owners — not just speculators holding a governance token with no economic power.
- [Revenue Sharing](https://docs.flash.trade/flash-trade/flash-trade-protocol/faf-token/revenue-sharing.md)
- [Reward, Utility & Governance](https://docs.flash.trade/flash-trade/flash-trade-protocol/faf-token/reward-utility-and-governance.md)
- [FAFtarchy Governance](https://docs.flash.trade/flash-trade/flash-trade-protocol/faf-token/faftarchy-governance.md): Futarchy is a governance system where decisions are made through prediction markets instead of traditional voting. Think of it as "betting on beliefs" - the market decides what's best for the protocol
- [FAFtarchy Commandments](https://docs.flash.trade/flash-trade/flash-trade-protocol/faf-token/faftarchy-governance/faftarchy-commandments.md): Framework for Futarchy-Aligned Proposal Creation by the Core Team
- [Flash Labs](https://docs.flash.trade/flash-trade/flash-trade-protocol/faf-token/faftarchy-governance/flash-labs.md)
- [Voting on Proposals](https://docs.flash.trade/flash-trade/flash-trade-protocol/faf-token/faftarchy-governance/voting-on-proposals.md)
- [Technical Architecture of Staking](https://docs.flash.trade/flash-trade/flash-trade-protocol/faf-token/technical-architecture-of-staking.md)
- [Voltage Points and FAF Rewards System](https://docs.flash.trade/flash-trade/flash-trade-protocol/faf-token/voltage-points-and-faf-rewards-system.md)
- [Ecosystem Partners](https://docs.flash.trade/flash-trade/flash-trade-protocol/ecosystem-partners.md): Flash Trade has integrations with leading DeFi protocols across Solana to maximize the utility and yield potential of FLP tokens.
- [Kamino](https://docs.flash.trade/flash-trade/flash-trade-protocol/ecosystem-partners/kamino.md)
- [Loopscale](https://docs.flash.trade/flash-trade/flash-trade-protocol/ecosystem-partners/loopscale.md): FLP tokens from Flash Trade are now integrated with Loopscale. This integration unlocks new strategies for FLP holders to optimize their yield exposure.
- [Carrot](https://docs.flash.trade/flash-trade/flash-trade-protocol/ecosystem-partners/carrot.md)
- [Sandglass](https://docs.flash.trade/flash-trade/flash-trade-protocol/ecosystem-partners/sandglass.md): FLP.1 tokens from Flash Trade are now integrated with Sandglass. This integration unlocks new strategies for FLP holders to optimize their yield exposure.
- [RateX](https://docs.flash.trade/flash-trade/flash-trade-protocol/ecosystem-partners/ratex.md)
- [NX Finance](https://docs.flash.trade/flash-trade/flash-trade-protocol/ecosystem-partners/nx-finance.md): FLP.1 tokens from Flash Trade are now integrated with NX Finance. This integration unlocks new strategies for FLP.1 holders to optimize their yield exposure.
- [Meteora](https://docs.flash.trade/flash-trade/flash-trade-protocol/ecosystem-partners/meteora.md)
- [Technical Architecture](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture.md)
- [Pool-to-Peer Mechanism](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/pool-to-peer-mechanism.md)
- [Liquidity Providing](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/liquidity-providing.md)
- [FLP Tokens](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/flp-token.md)
- [FLP](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/flp-token/flp.md)
- [sFLP](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/flp-token/sflp.md)
- [Contract Address](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/flp-token/contract-address.md): Contract addresses for Flash Trade liquidity tokens.
- [Crypto Asset-Backed Pools](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/asset-backed-synthetic-trading-and-pools.md)
- [FLP.2 - (Synthetic FLU Pool 2)](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/flp.2-synthetic-flu-pool-2.md)
- [Pricing Engine](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/pricing-engine.md): This document outlines our operational guidelines for handling price volatility and wide confidence intervals when utilizing the reported price provided by Pyth as our primary pricing reference.
- [Price Impact Fee](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/pricing-engine/price-impact-fee.md)
- [Virtual PNL Delay](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/backup-oracle.md)
- [Fee Distribution](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/fee-distribution.md)
- [Meme Pool (Pool 4 & 5)](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/asset-backed-synthetic-trading-and-pools-1.md): Functions exactly like Pool 1.
- [Solana Beta Asset-Backed (Pool 3)](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/asset-backed-synthetic-trading-and-pools-2.md): Functions exactly like Pool 1.
- [Volatility based fee](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/volatility-based-fee.md)
- [Perpetuals Specifications](https://docs.flash.trade/flash-trade/flash-trade-protocol/perpetuals-specifications.md)
- [Market Hours](https://docs.flash.trade/flash-trade/flash-trade-protocol/perpetuals-specifications/market-hours.md)
- [Collateral Specification](https://docs.flash.trade/flash-trade/flash-trade-protocol/perpetuals-specifications/collateral-specification.md)
- [Fees](https://docs.flash.trade/flash-trade/flash-trade-protocol/perpetuals-specifications/fees.md): Flash Trade implements a dynamic fee structure across different asset pools. Understanding these fees is essential for optimizing your trading strategy.
- [Stop Loss/Take Profit Orders](https://docs.flash.trade/flash-trade/flash-trade-protocol/perpetuals-specifications/stop-loss-take-profit-orders.md)
- [Limit Orders](https://docs.flash.trade/flash-trade/flash-trade-protocol/perpetuals-specifications/limit-orders.md)
- [Max Profit](https://docs.flash.trade/flash-trade/flash-trade-protocol/perpetuals-specifications/max-profit.md): Every position has a hard cap on how much profit it can realize. That cap is set when the position opens, based on how much collateral the pool sets aside to pay you out.
- [Liquidation](https://docs.flash.trade/flash-trade/flash-trade-protocol/perpetuals-specifications/liquidation.md)
- [Margin Framework](https://docs.flash.trade/flash-trade/flash-trade-protocol/perpetuals-specifications/margin-framework.md)
- [Build On Flash](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash.md): The Flash Trade API is a REST, MCP, CLI, AI & LLM Integration, SDK, and Partner Referral Program for the Flash Trade perpetuals DEX on Solana.
- [Flash Trade API](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api.md): The Flash Trade API is a REST for the Flash Trade perpetuals DEX on Solana.
- [Flash Trade V1](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v1.md)
- [Endpoints Overview](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v1/endpoints-overview.md)
- [Transaction Builder](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v1/transaction-builder.md)
- [Error Handling](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v1/error-handling.md)
- [Data Formats & Precision](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v1/data-formats-and-precision.md)
- [Flash Trade V2](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v2.md)
- [ProtocolConcepts](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v2/protocolconcepts.md)
- [ApiReference](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v2/apireference.md)
- [TransactionFlow](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v2/transactionflow.md)
- [ManagePositions](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v2/managepositions.md)
- [WebSocketStreaming](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v2/websocketstreaming.md)
- [QueryData](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v2/querydata.md)
- [ErrorReference](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v2/errorreference.md)
- [Workflows](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v2/workflows.md)
- [SetupIntegration](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v2/workflows/setupintegration.md)
- [BuildTransaction](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-api/flash-trade-v2/workflows/buildtransaction.md)
- [Flash Trade MCP](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-mcp.md): Give AI agents direct access to Flash Trade — market data, trade previews, position management, and transaction building through natural language.
- [Flash Trade CLI](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-trade-cli.md): Trade on Flash Trade directly from your terminal — open positions, manage orders, provide liquidity, and check prices without touching a browser.
- [Flash SDK](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-sdk.md)
- [Trader Interactions](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-sdk/trader-interactions.md)
- [LP Interactions](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-sdk/lp-interactions.md)
- [Revenue Interactions](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/flash-sdk/revenue-interactions.md): A slice of protocol fees is distributed to wallets that have FAF staked. This page shows how to read a wallet's claimable USDC balance and submit the on-chain claim.
- [Partner Referral Program](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/partner-referral-program.md): A referral rebate system that rewards partners, trading interfaces, and integrators who build on Flash by earning rebates from trading activity generated through their builder code.
- [AI & LLM Integration](https://docs.flash.trade/flash-trade/flash-trade-protocol/build-on-flash/ai-and-llm-integration.md): Give your AI agent full context on the Flash Trade API:
- [The Flash Beasts](https://docs.flash.trade/flash-trade/flash-trade-protocol/flash-beasts-mechanics.md)
- [On-Chain Address Directory](https://docs.flash.trade/flash-trade/flash-trade-protocol/on-chain-address-directory.md)
- [Verify on Solscan](https://docs.flash.trade/flash-trade/flash-trade-protocol/on-chain-address-directory/verify-on-solscan.md)
- [Pools/LP Token Mints](https://docs.flash.trade/flash-trade/flash-trade-protocol/on-chain-address-directory/pools-lp-token-mints.md)
- [Crypto.1](https://docs.flash.trade/flash-trade/flash-trade-protocol/on-chain-address-directory/pools-lp-token-mints/crypto.1.md)
- [Virtual.1](https://docs.flash.trade/flash-trade/flash-trade-protocol/on-chain-address-directory/pools-lp-token-mints/virtual.1.md)
- [Governance.1](https://docs.flash.trade/flash-trade/flash-trade-protocol/on-chain-address-directory/pools-lp-token-mints/governance.1.md)
- [Community.1](https://docs.flash.trade/flash-trade/flash-trade-protocol/on-chain-address-directory/pools-lp-token-mints/community.1.md)
- [Community.2](https://docs.flash.trade/flash-trade/flash-trade-protocol/on-chain-address-directory/pools-lp-token-mints/community.2.md)
- [Trump.1](https://docs.flash.trade/flash-trade/flash-trade-protocol/on-chain-address-directory/pools-lp-token-mints/trump.1.md)
- [Equity.1](https://docs.flash.trade/flash-trade/flash-trade-protocol/on-chain-address-directory/pools-lp-token-mints/equity.1.md)


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