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

# What is WaterX

WaterX is an AI-native trading platform on Sui, designed to unify all financial functions into a single, shared-margin system — accessible to both human traders and AI agents.

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### Why WaterX

#### All-in-One Trading OS

Capital shouldn't sit idle across fragmented protocols. WaterX unifies every financial function into a single platform with shared margin and liquidity. One account, one pool of capital, access to everything — with permissionless, 24/7 exposure to every asset class regardless of region.

#### AI-Native Infrastructure

Existing exchanges were designed for humans. WaterX is architecturally built for both human traders and AI agents — with secure delegate keys, isolated sub-accounts, and risk containment mechanisms that let AI safely execute strategies and manage portfolios on your behalf.

AI on WaterX is not a chatbot offering suggestions. It is a genuine execution partner.

#### Zero-Barrier Access

WaterX eliminates the friction of DeFi through **zkLogin** (sign in with Google, no private key needed), **Sponsored Transactions** (zero gas), and **signless trading(currently supported for zkLogin accounts)**. Anyone can start trading instantly.

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### What's Live

#### Perpetual Trading

Trade crypto and tokenized equity (xStock) perpetual futures with up to 50x leverage. All trades execute at aggregated oracle prices from Pyth and Supra — zero price impact, 24/7.

#### WLP — Liquidity Pool

Deposit USDC or USDsui into the WLP pool and earn trading fees as the counterparty for all traders. 70% of trading fees and borrow fees flow to WLP holders, auto-compounded.

#### AI Trading Copilot

Trade and get market insights through natural language. The Copilot lowers not just the operational barrier but the decision-making barrier.

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### What's Next

This is just the beginning. More asset classes, more financial products, and deeper AI capabilities are on the roadmap — all sharing the same margin and liquidity layer.