> ## Documentation Index
> Fetch the complete documentation index at: https://docs.exponent.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Exponent Developer Docs

> Documentation for Exponent SDKs and tooling

***

The Exponent Developer Docs cover the core architecture of Exponent and how to integrate with its onchain programs. You’ll find explanations of the protocol’s primitives, pricing mechanics, and guides for interacting with Exponent through the TypeScript SDK or directly via program instructions.

## Get Started

<CardGroup cols={2}>
  <Card icon="distribute-spacing-vertical" horizontal href="/developers/learn/emitted-tokens" title="Strip & Merge">
    Follow 1,000 USDC through stripping, yield collection, and merging back.
  </Card>

  <Card icon="code" horizontal href="/developers/exponent-programs" title="Architecture">
    Explore the programs, dependencies, and how the system is built.
  </Card>

  <Card icon="book-blank" horizontal href="/developers/choosing-your-sdk" title="Choosing Your SDK">
    Decision guide to help you choose between Core, CLMM, Orderbook, Tranching, and Strategy Vaults.
  </Card>

  <Card icon="book-blank" horizontal href="/developers/guides/quickstart" title="Exponent SDK Quickstart">
    Get started with the Exponent SDK in minutes.
  </Card>
</CardGroup>

## Exponent SDKs

<CardGroup cols={2}>
  <Card icon="code-merge" horizontal href="/developer-core/core-sdk" title="Core">
    Split yield assets into PT and YT for fixed-rate and leveraged yield strategies.
  </Card>

  <Card icon="square-list" horizontal href="/developer-orderbook/sdk-quickstart" title="Orderbook">
    Limit order book for PT and YT with implied APY pricing and shared liquidity via virtual offers.
  </Card>

  <Card icon="arrows-to-dotted-line" horizontal href="/developer-clmm/sdk-quickstart" title="CLMM">
    Concentrated liquidity market maker for capital-efficient trading across custom APY ranges.
  </Card>

  <Card icon="layer-group" horizontal href="/developer-strategy-vaults/create-vault" title="Strategy Vaults SDK">
    Managed strategy vaults with policy-gated execution, receipt tokens, and DeFi integrations.
  </Card>

  <Card icon="layer-group" horizontal href="/developer-tranching/overview" title="Tranching">
    Senior and Junior tranche markets for protected yield exposure and first-loss capital.
  </Card>
</CardGroup>