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

# Mechanism

We aim to decide whether a particular cryptocurrency is bullish or bearish by using a financial derivative: perpetual options. We achieve this by tokenize perpetual options, so that investors can forge and trade these tokens. One can judge based on two facts: the market price of the asset and the cost of generating tokens.