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

# Solution Overview

- [USDe Overview](https://docs.ethena.fi/solution-overview/usde-overview.md)
- [Delta-Neutral Stability](https://docs.ethena.fi/solution-overview/usde-overview/delta-neutral-stability.md)
- [Delta-Neutral Examples](https://docs.ethena.fi/solution-overview/usde-overview/delta-neutral-examples.md)
- [Scalability](https://docs.ethena.fi/solution-overview/usde-overview/scalability.md)
- [Censorship Resistance](https://docs.ethena.fi/solution-overview/usde-overview/censorship-resistance.md)
- [Protocol Revenue Explanation](https://docs.ethena.fi/solution-overview/protocol-revenue-explanation.md): Sustainable & Transparent
- [Historical Examples](https://docs.ethena.fi/solution-overview/protocol-revenue-explanation/historical-examples.md): Ethena captures the only two large scale sustainable sources of revenue in crypto
- [Rewards Mechanism Explanation](https://docs.ethena.fi/solution-overview/protocol-revenue-explanation/rewards-mechanism-explanation.md): How sUSDe receives rewards
- [sUSDe Rewards Mechanism](https://docs.ethena.fi/solution-overview/protocol-revenue-explanation/susde-rewards-mechanism.md)
- [Underlying Derivatives](https://docs.ethena.fi/solution-overview/underlying-derivatives.md)
- [Futures vs Perpetuals](https://docs.ethena.fi/solution-overview/underlying-derivatives/futures-vs-perpetuals.md): Comparison of derivative contract types
- [Inverse vs Linear Contracts](https://docs.ethena.fi/solution-overview/underlying-derivatives/inverse-vs-linear-contracts.md)
- [Basis Spread](https://docs.ethena.fi/solution-overview/underlying-derivatives/basis-spread.md)
- [Peg Arbitrage Mechanism](https://docs.ethena.fi/solution-overview/peg-arbitrage-mechanism.md)
- [Liquid Stables: Dynamic Allocation](https://docs.ethena.fi/solution-overview/liquid-stables-dynamic-allocation.md)
- [Current Allocation Approach](https://docs.ethena.fi/solution-overview/liquid-stables-dynamic-allocation/current-allocation-approach.md)
- [Scenario Analysis](https://docs.ethena.fi/solution-overview/scenario-analysis.md): Understanding how price movements in BTC impact USDe
- [Risks](https://docs.ethena.fi/solution-overview/risks.md): Synthetic dollar vs fiat and RWA backed stablecoins
- [Funding Risk](https://docs.ethena.fi/solution-overview/risks/funding-risk.md)
- [Liquidation Risk](https://docs.ethena.fi/solution-overview/risks/liquidation-risk.md)
- [Custodial Risk](https://docs.ethena.fi/solution-overview/risks/custodial-risk.md)
- [Exchange Failure Risk](https://docs.ethena.fi/solution-overview/risks/exchange-failure-risk.md)
- [Backing Assets Risk](https://docs.ethena.fi/solution-overview/risks/backing-assets-risk.md)
- [Stablecoin-Related Risks](https://docs.ethena.fi/solution-overview/risks/stablecoin-related-risks.md)
- [Margin Collateral Risks](https://docs.ethena.fi/solution-overview/risks/margin-collateral-risks.md)
- [Governance](https://docs.ethena.fi/solution-overview/governance.md)
- [Risk Committee](https://docs.ethena.fi/solution-overview/governance/risk-committee.md)


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://docs.ethena.fi/solution-overview.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.