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

# What is YapTrade?

YapTrade is a decentralized OTC marketplace designed for trading **influence-based assets that are traditionally illiquid**. It provides a **secure, private, and structured market** for assets such as **Kaito voting rights, Smart Follower trades, and Kaito airdrop rights**.

Unlike traditional crypto exchanges that focus on fungible tokens, YapTrade specializes in **assets that directly impact governance, influence, and rewards**. Through **escrow-backed transactions, collateralized agreements, and manual verification**, YapTrade ensures that buyers and sellers can trade with **confidence and security**.

All deals are currently handled manually via **Discord**, ensuring precision and fraud prevention while the full platform is under development.