# PROTOCOL

- [DEX](/protocol/dex.md): Kodiak's Decentralized Exchange.
- [Swaps](/protocol/dex/swaps.md): Trading tokens on the Kodiak DEX.
- [Liquidity Provision](/protocol/dex/liquidity-provision.md): Providing liquidity to the Kodiak DEX.
- [Trading Fees](/protocol/dex/trading-fees.md): Details on the Kodiak DEX trading fees.
- [Islands](/protocol/islands.md): Kodiak's automated liquidity management vaults.
- [Island Liquidity Provision](/protocol/islands/island-liquidity-provision.md): Depositing liquidity into Islands.
- [Sweetened Islands](/protocol/islands/sweetened-islands.md): Incentive layer for Islands.
- [Island Mechanics](/protocol/islands/island-mechanics.md): See detailed sections
- [Auto-BGT](/protocol/islands/island-mechanics/auto-bgt.md)
- [Real-time Security](/protocol/islands/island-mechanics/real-time-security.md)
- [Rebalancing](/protocol/islands/island-mechanics/rebalancing.md): There are 3 types of rebalance functions, each is described below
- [Strategies](/protocol/islands/island-mechanics/strategies.md)
- [Panda Factory](/protocol/panda-factory.md): No-Code Token Deployer Factory
- [Baults](/protocol/baults.md): Kodiak's BGT auto-compounding vaults
- [Bault analytics](/protocol/baults/bault-analytics.md)
- [kX](/protocol/kx.md): Kodiak's Swap Aggregator
- [Perps](/protocol/perps.md): Kodiak's Perps DEX (Berps)
- [VIP](/protocol/perps/vip.md)
- [Points](/protocol/perps/points.md)
- [Trading Competitions](/protocol/perps/trading-competitions.md)