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

# Trading

Technical details on how trading works on MegaTAO.

* [Perpetual Futures](/trading/perpetual-futures.md): Positions, leverage, margin
* [Funding](/trading/funding.md): Funding rate mechanics and schedule
* [Liquidations](/trading/liquidations.md): Maintenance margin, liquidation price, process
* [Fees](/trading/fees.md): Trading fees, liquidation fees, gas
* [Contract Specifications](/trading/contract-specifications.md): Addresses, parameters, limits
* [Glossary](/trading/glossary.md): Key terms
* [Risk Warnings](/trading/risk-warnings.md): Risk disclosure