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

# Getting started

## **Protocol Introduction**

The DYMMAX protocol allows creating collateral-free derivatives for cryptocurrencies with guaranteed payments based on decentralized smart contracts. The tool utilizes a pricing model adjusted to the specifics of the cryptocurrency market and solves the problem of high premiums and the lack of the cryptocurrency option sellers.