> For the complete documentation index, see [llms.txt](https://nobots.gitbook.io/nobots-gitbook/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nobots.gitbook.io/nobots-gitbook/nobots.md). # 💹 NoBots 📈 NoBots is a perpetual futures DEX (decentralized exchange) built exclusively on the World Chain. It allows World ID verified humans to trade crypto with up to 100× leverage while earning passive income by providing liquidity to trading pools. 🌐 In the rapidly evolving landscape of decentralized finance (DeFi), perpetual futures trading has emerged as a cornerstone of digital asset markets. However, current decentralized exchanges are often dominated by automated bots, wash trading, and predatory algorithmic strategies, which consistently disadvantage everyday retail participants and distort market dynamics. Leveraging blockchain technology and decentralized identity, we propose NoBots, a novel, human-centric leverage trading and swap platform designed to address these systemic inequities. 🌍 Our platform employs the World ID verification mechanism to ensure a fair, transparent, and Sybil-resistant trading environment. By integrating distinct verification tiers—including Device and ORB-level verification—NoBots establishes a secure trust layer that verifies the unique human identity of its participants. This fundamentally mitigates the risks associated with bot manipulation, artificial volume generation, and multi-account exploits, ensuring that market mechanics, liquidity distribution, and protocol incentives operate on a foundation of genuine human activity. 💰 Furthermore, NoBots establishes a robust, sustainable economic model that incentivizes liquidity provision and organic community growth. Participants can deposit assets into specialized liquidity pools (such as WETH/USDC or WLD/USDC) to back platform leverage and swaps, earning a direct share of position fees. Coupled with an automated, on-chain referral program that dynamically rewards users for onboarding new traders, this model fosters a highly engaged ecosystem where liquidity providers and traders are mutually aligned. 📜 Through the immutable and transparent nature of smart contracts deployed on World Chain, our platform ensures verifiable trade execution, accurate index price feeds, and uncompromising protocol solvency. Advanced risk management mechanisms—including adaptive funding rates, dynamic borrow fee models, and Auto-Deleveraging (ADL)—are securely executed on-chain, protecting the platform against sudden market volatility without the need for centralized intermediaries. 🚀 In summary, NoBots revolutionizes decentralized perpetual trading by neutralizing bot dominance, ensuring participant authenticity, and establishing fair, sustainable yield mechanisms. By harnessing the power of blockchain alongside advanced identity verification systems, we pave the way for a more transparent, trustworthy, and inclusive DeFi ecosystem, driving the standard for "Perps for Humans." --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://nobots.gitbook.io/nobots-gitbook/nobots.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.