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

# What's PNP?

> PNP Exchange — decentralized prediction market protocol on Solana with bonding curve liquidity and LLM oracle settlement.

## PNP in a nutshell

PNP Exchange is a decentralized prediction market protocol. Create a market for any event, trade outcome tokens via bonding curves (no order book), and settle results with real‑time LLM oracles—all on a composable, open stack.

At its core, it is a permissionless platform that enables users to create and trade on prediction markets for any real-world event.

We break down traditional barriers in prediction markets by eliminating the need for order books and allowing people with skin in the game to express real-time sentiment around events through bonding curves.
While traditional prediction markets suffer from liquidity issues and require market makers, PNP Exchange propagates trading through the power of automated market making.

The dynamic pricing expressed through bonding curves may not represent absolute truth, but it does represent a real-time data point that increases in accuracy as more people participate in these markets.
PNP Exchange exposes the real-time sentiment behind events and fosters the search for truth by resolving prediction markets through decentralized oracles.

If a prediction market is a truth machine, then its "truth" is only as good as its accessibility and liquidity.

Creating a market is easy, but finding the right price is priceless.
PNP Exchange makes markets on everything.
Jump right in

## Explore PNP

> [card] [Why we build this](https://pnpprotocol.mintlify.site/why-we-build-this.md)
>
> The prediction market lifecycle and why USER-GENERATED-MARKETS matter.

> [card] [Core features](https://pnpprotocol.mintlify.site/core-features.md)
>
> All-in-one launches, creator fees, LLM oracle settlement, and more.

> [card] [Bonding curve](https://pnpprotocol.mintlify.site/bonding.md)
>
> Continuous, on-chain pricing without a centralized order book.

> [card] [Tokenomics](https://pnpprotocol.mintlify.site/tokenomic)
>
> Fair launch and fee-sharing design for long-term sustainability.

> [card] [Fees](https://pnpprotocol.mintlify.site/development.md)
>
> Transparent 1% fee with creator, holder, and operations allocation.

> [card] [Oracle settlement](https://pnpprotocol.mintlify.site/quickstart.md)
>
> How markets resolve with price data and AI-evaluated evidence.

## Build on PNP

> [card] [API reference](https://pnpprotocol.mintlify.site/api-reference/introduction)
>
> Endpoints for markets, outcomes, trades, and settlements.

> [card] [Snippets](https://pnpprotocol.mintlify.site/snippets/snippet-intro)
>
> Reusable examples for common integration flows.


This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.