# Overview

Welcome to **Bean Exchange**, the Monad’s native DeFi Hub. Its It is built for traders, liquidity providers, and protocol builders who value capital efficiency, real yield, and a seamless user experience.

Our mission at Bean is to build modular DeFi infrastructure that maximizes on-chain performance and supports the growth of the Monad ecosystem.

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#### **Core Products**

* **Spot Market:** Powered by **DLMM** and **DAMM**, enabling low-slippage trades and flexible LP strategies.
* **Perpetual Market:** Vault-backed leveraged trading with real yield distributed to stakers.

#### **Protocol Infrastructure**

Bean is underpinned by two core vault systems that manage liquidity and reward distribution:

* **Turbo Vault:** A compact yield station where users can ape in and farm effortlessly. Backed by diversified strategies across Bean’s core protocols, it powers the perpetual market while maximizing capital efficiency through dynamic asset allocation.
* **Lite Turbo Vault:** Mapped one to one with DLMM spot pools, the Lite Turbo Vault automates capital allocation between spot liquidity and external yield markets such as lending platforms or liquid staking protocols. It is designed for passive LPs seeking yield without active management.

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This document introduces the core protocol and product design of Bean Exchange across spot and perpetual markets. It serves as a starting point for anyone looking to understand, use, or contribute to the Bean ecosystem.

**Ready to trade, farm, or build? Start exploring Bean today.**
