> ## Documentation Index
> Fetch the complete documentation index at: https://docs.notional.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Introduction

<img src="https://mintcdn.com/notional-43733c01/rsXtK44UR9aOso5z/public/thumbnail.png?fit=max&auto=format&n=rsXtK44UR9aOso5z&q=85&s=5e276520f754564f3442f41338373d5f" alt="Notional thumbnail artwork" style={{ width: "100%", maxWidth: "1100px", margin: "0 auto 2rem auto", display: "block" }} width="2277" height="1260" data-path="public/thumbnail.png" />

## What is Notional

Notional is an application-specific blockchain built to connect all financial markets.
It gives traders one account with cross-exchange, multi-asset, and yield-bearing margin. Orders
execute directly on trader chosen exchanges' orderbooks with leverage up to 100x and \~30 ms
execution latency. The protocol begins with Hyperliquid and can seamlessly extend to additional exchanges
over time.

Notional uses an omnibus model: users trade through a shared protocol balance sheet while keeping
individual account-level balances and risk. It turns a user's margin portfolio into one
recognized margin value and lets the protocol finance exchange margin with pooled USDC. The Notional
blockchain's ledger and built-in risk engine attribute orders, fills, funding, fees, PnL, debt,
withdrawals, corrections, and liquidation risk back to each account.

## What You Get

<div className="intro-card-shell">
  <CardGroup cols={2}>
    <Card title="Higher leverage" icon="arrow-trend-up">
      Access up to 100x leverage directly on native orderbooks.
    </Card>

    <Card title="Yield bearing margin" icon="chart-line">
      Your USDC margin earns yield from protocol fees and interest while you trade.
    </Card>

    <Card title="Low-latency execution" icon="bolt">
      TEE-controlled accounts keep execution close to the exchange for 30 ms execution.
    </Card>

    <Card title="Multi-asset margin" icon="coins">
      Trade using BTC, ETH, SOL, or HYPE as margin, with higher collateral LTVs.
    </Card>
  </CardGroup>
</div>

## Coming Soon

<div className="intro-card-shell">
  <CardGroup cols={2}>
    <Card title="Cross-exchange margin" icon="arrows-left-right">
      One margin to trade all integrated exchanges. Trade across more markets and route by price,
      liquidity, and risk. No more bridging.
    </Card>

    <Card title="Stealth mode" icon="eye-slash">
      Trade without attribution. Your trades can't be tied to you, and your liquidation point is
      hidden. Stop getting hunted.
    </Card>
  </CardGroup>
</div>