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

# Introduction

[PairEx (pairex.io)](https://pairex.io/en-ww/) is a leading Decentralized Perpetual Exchange powered by the [Arbitrum Network](https://arbitrum.io/) that offers a user-friendly trading platform with a transparent and secure trading infrastructure, allowing users to decentralize their trades and assets.

The platform is designed to offer cryptocurrency traders a premium trading experience with up to 100x leverage with zero spread and zero slippage, which ensures optimal price execution and potentially more favorable profit and loss outcomes.

[PairEx](https://pairex.io/en-ww/) employs a Peer-to-Pool model, which utilizes vaults to provide liquidity for contract transactions. The platform is backed by quotes from [chainlink ](https://chain.link/)oracles, ensuring high levels of transparency and reliability. Liquidity providers will enjoy counterparty gains which open to the public very soon. Additionally, [PairEx ](/overview/fees/rollover-fee.md)has developed a unique tokenomics system that offers various benefits for token holders, including discounted trading fees, access to exclusive services and rewards, and the ability to participate in platform governance.