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

# About The Platform

#### Non-Custodial by Design

Euphoria is a **non-custodial platform**, which means **you always remain in control of your funds**.

Your assets stay in your own connected wallet until you choose to use them. Euphoria does not take custody of your crypto, cannot move your funds without your authorization, and does not hold private keys on your behalf. All trades are executed from self-custody wallets via audited smart contracts.

You trade directly from your wallet, maintaining control at every step.

#### How Pricing Works

Euphoria does **not create or manipulate market prices**.

Pricing is provided by **professional market makers** who continuously submit live quotes for each available square.

Each square displays the **best available quote** in real time, so you always see the most competitive multiplier currently on offer. Quotes update dynamically as market conditions change.

#### Slippage Tolerance

**Slippage** is the difference between the multiplier you expect when placing a trade and the multiplier you actually receive at execution. This happens when markets move between the moment you submit a trade and the moment it is confirmed.

Users set a slippage tolerance to protect themselves against adverse multiplier movements. Before execution of any trade:

* You are shown the quoted multiplier
* Your slippage tolerance is applied as the maximum acceptable deviation
* If the market moves against you beyond that tolerance, the trade fails rather than executing at a significantly worse multiplier

This protects you from unexpected price moves during periods of volatility.


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