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

# Probability Exchange

- [Exchange Overview](https://crypta.gitbook.io/crypta/probability-exchange/editor.md)
- [How it Works?](https://crypta.gitbook.io/crypta/probability-exchange/howitworks.md)
- [Fees](https://crypta.gitbook.io/crypta/probability-exchange/fees.md)
- [Margin](https://crypta.gitbook.io/crypta/probability-exchange/margin.md)
- [Liquidations](https://crypta.gitbook.io/crypta/probability-exchange/liquidations.md)
- [Liquidity](https://crypta.gitbook.io/crypta/probability-exchange/liquidity.md)
- [Excess Exposure Closeout](https://crypta.gitbook.io/crypta/probability-exchange/excess-exposure-closeout.md)
- [Funding](https://crypta.gitbook.io/crypta/probability-exchange/funding.md)
- [Provably Fair Mechanism](https://crypta.gitbook.io/crypta/probability-exchange/provably-fair-mechanism.md): Merkle Tree with On-chain Merkle Root Commitment
- [Verifying Results](https://crypta.gitbook.io/crypta/probability-exchange/verifyingresults.md)