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

# MarkIt

**Be the house.** MarkIt is yield infrastructure built on binary prediction markets. Deposit USDC into the vault, underwrite every trade across every market, and earn the spread — like a sportsbook, but permissionless and fully on-chain.

MarkIt is live on Base mainnet at [markit.market](https://markit.market) with NBA game markets.

## Get Started

* [**What is MarkIt?**](/getting-started/what-is-markit.md) — Understand the protocol in 2 minutes
* [**Quick Start**](/getting-started/quick-start.md) — Deposit into the vault or take your first position

## Earn — The Vault

* [What is an LP?](/the-vault/what-is-an-lp.md)
* [LP Vault](/the-vault/lp-vault.md)
* [Fees and Returns](/the-vault/fees-and-returns.md)
* [Risk and Exposure](/the-vault/risk-and-exposure.md)
* [Depositing and Withdrawing](/the-vault/depositing-and-withdrawing.md)

## For Traders

* [Placing a Position](/traders/placing-a-position.md)
* [YES and NO Tokens](/traders/yes-and-no-tokens.md)
* [Hedging and Locking Profit](/traders/hedging-and-locking-profit.md)
* [Understanding Prices](/traders/understanding-prices.md)

## Protocol Deep Dive

* [Market Lifecycle](/how-markit-works/market-lifecycle.md)
* [Pricing and Skew](/how-markit-works/pricing-and-skew.md)
* [Resolution](/how-markit-works/resolution.md)
* [Solvency Guarantees](/how-markit-works/solvency-guarantees.md)

## Smart Contracts

* [Contract Overview](/smart-contracts/overview.md)
* [MarketEngine](/smart-contracts/market-engine.md)
* [Addresses](/smart-contracts/addresses.md)

## Points

* [MarkIt Points](/points/markit-points.md) — How to earn and track MP

## Reference

* [FAQ](/reference/faq.md)
* [Glossary](/reference/glossary.md)