> For the complete documentation index, see [llms.txt](https://3six9innovatio.gitbook.io/documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://3six9innovatio.gitbook.io/documentation/3six9-products/the-3xcalibur-ecosystem/what-is-3xcalibur.md).

# What is 3xcalibur

The 3xcalibur Protocol is a permissionless, liquidationless, oracleless liquidity marketplace, powered by Tri-AMM architecture to facilitate stableswaps, variable swaps and borrowing/lending. The Tri-AMM architecture makes 3xcalibur a highly-capable and modular automated market maker.

This design allows us to offer a plethora of financial instruments on top of the 3 base layer AMMs. 

Development, operation and management of the 3xcalibur protocol is managed by The 3six9 Collective and overseen by 3six9 Innovatio.