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

# Introduction

> **Compose All Finance**

Finance runs on a small set of primitives — order books, margin, perpetuals, spot, liquidity, settlement. Yet every team that sets out to launch a financial product still rebuilds that entire stack from scratch, and every new venue splinters liquidity a little further.

AZverse exists to end that. It is the infrastructure for **composable finance**: a shared liquidity and execution layer that turns those primitives into building blocks, so a complete financial application can be assembled the way a composer arranges a score — by composition, not by construction.

We call that goal **Compose All Finance**.

***

### The model

Five ideas define how AZverse works.

|                          |                                                                                                  |
| ------------------------ | ------------------------------------------------------------------------------------------------ |
| **Vision**               | Compose All Finance                                                                              |
| **Infrastructure**       | **AZverse** — the shared liquidity, matching, and settlement layer                               |
| **Composer**             | a **partner** who composes a Composition on AZverse (AZ is the first Composer — it composes AZX) |
| **Composition**          | a financial application a Composer builds on AZverse                                             |
| **Flagship Composition** | **AZX** — the first and reference Composition                                                    |

***

### AZverse — the infrastructure

AZverse is the shared foundation beneath every Composition:

* **Unified orderbook execution** across all markets
* **Shared liquidity** — one deep pool, not many shallow ones
* **Transparent, protocol-level fee accounting and settlement**
* **Consistent pricing and risk controls**

Every Composition draws on the same liquidity and obeys the same rules, so market behavior is fair, neutral, and verifiable — regardless of which interface a user chooses.

***

### AZverse and its Composers

AZverse is the **instrument**; the **Composers** are the ones who play it.

Like an operating system and its apps, AZverse provides the shared primitives — liquidity, matching, settlement — and a **Composer** arranges them into a **Composition**: a complete financial application under its own brand. The Composer brings the product and the market; AZverse provides the foundation every Composition runs on. Nothing in the ecosystem stands apart from it.

AZ is the first Composer — **AZX** is its Composition, and the reference every other Composer builds against. The network's partners are Composers too: each composes its own Composition on the same shared foundation.

***

### AZX — the Flagship Composition

AZX is the most complete financial application on AZverse, and the standard every other Composition can build against. Where most venues offer a single product, AZX composes many on one shared foundation:

* **Spot & Perpetual trading** — a unified, orderbook-based venue
* **Prediction markets** — event-based markets with dynamic pricing
* **Strategy products** — automated strategies such as grid trading
* **Vaults** — managed, allocatable capital
* **Structured yield** — defined-payoff products

Each is a distinct product, yet all draw on the same AZverse liquidity, pricing, and settlement.

Two things make AZX more than an exchange:

* For **traders**, it is the most direct and complete way to use AZverse — deep liquidity, transparent fees, and real-time, verifiable execution and market data.
* For **the network**, it is the reference Composition — a working blueprint for how any Composition connects liquidity, execution, data, and settlement.

***

### An open, compounding network

AZverse is designed as an **open network**, and its partners are **Composers**. Each brings its own brand and market and composes its own **Composition** on the shared foundation — their brand and front-end, the network's liquidity, execution, and settlement. They own the experience; every Composition runs on AZverse.

Because everything is composed on one shared foundation, the network is positive-sum:

> **Every Composition contributes liquidity.**
>
> **Every trader improves execution.**
>
> **Every market enriches pricing.**
>
> **Every new participant makes the entire network stronger.**

Liquidity compounds instead of fragmenting, and every participant inherits the network's full depth from day one. That is the difference between an ecosystem of apps competing for the same users, and a single composable financial network that grows stronger with every Composition.

***

### Start composing

* **Trade on AZX** — Onboarding · Perpetual Trading · Spot Trading
* **Understand the engine** — Matching Engine · Collateral & Deposits · Transparency Dashboard
* **Join the network** — AZ Open Network