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

# Vela Exchange Documentation

> A high-performance verifiable spot DEX built by Monolith Systematic LLC.

Welcome to the Vela Exchange documentation. Vela is a central limit order book (CLOB) spot exchange where every match is cryptographically verifiable.

<CardGroup cols={2}>
  <Card title="What is Vela?" icon="book" href="/introduction/what-is-vela">
    Learn about Vela's architecture, performance, and design philosophy.
  </Card>

  <Card title="Getting Started" icon="rocket" href="/getting-started/connect-wallet">
    Connect your wallet and place your first order in minutes.
  </Card>

  <Card title="API Reference" icon="code" href="/api-reference/http">
    Full HTTP and WebSocket API documentation for developers.
  </Card>

  <Card title="Market Making" icon="chart-line" href="/market-making/credit-system">
    Learn about Vela's capital-efficient MM credit system.
  </Card>
</CardGroup>

<Info>
  Vela is currently in **public beta** on Ethereum Sepolia testnet. ETH and USDC deposits are settled on-chain. Do not deposit real mainnet funds.
</Info>

## Key Stats

| Metric               | Result       |
| -------------------- | ------------ |
| Match latency (p50)  | 1.38 μs      |
| Throughput           | 725k ops/sec |
| vs. Pulse baseline   | 5.8× faster  |
| p99.9 tail reduction | −73%         |
| Tests passing        | 142+         |