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

# Trading

- [Margin Requirements](https://references.everstrike.io/trading/margin-requirements.md): Minimum initial and maintenance margin requirements for perpetual futures and perpetual options.
- [Trading Fees](https://references.everstrike.io/trading/trading-fees.md)
- [Liquidation](https://references.everstrike.io/trading/liquidation.md): Learn when liquidation starts, how incremental orders work, and how to restore margin.
- [Liquidity Providers](https://references.everstrike.io/trading/liquidity-providers.md): Learn how Liquidity Providers handle positions after failed liquidation.
- [Deleverage Events](https://references.everstrike.io/trading/deleverage-events.md): Understand when deleveraging occurs and how Everstrike selects affected counterparties.
- [Index Price](https://references.everstrike.io/trading/index-price.md)
- [Mark Price](https://references.everstrike.io/trading/mark-price.md)
- [Funding](https://references.everstrike.io/trading/funding.md): Funding is an hourly payment exchange between longs and shorts that keeps perpetual markets aligned with spot.
- [Drift](https://references.everstrike.io/trading/drift.md): Drift is the expected hourly change in a perpetual option's intrinsic value caused by strike movement.
- [Risk Limits](https://references.everstrike.io/trading/risk-limits.md)
- [Self Trading](https://references.everstrike.io/trading/self-trading.md)
- [Mark Price Compensation](https://references.everstrike.io/trading/mark-price-compensation.md)
- [Perpetual Vault](https://references.everstrike.io/trading/perpetual-vault.md): Understand how the vault manages trade exposure, evUSD conversion, and monthly rewards.
- [How to start trading on Everstrike](https://references.everstrike.io/trading/how-to-start-trading-on-everstrike.md)