# Core Design

In the following subpages, we examine some of the technical design choices of Lynx. Key elements include:

[Gross Profit and Loss (P\&L)](/lynx-finance/welcome-to-lynx/core-design/gross-profit-and-loss-p-and-l.md)\
How gross PnL is calculated in Lynx and why price volatility of a trader's collateral asset does not impact their PnL (ie. it does not affect their likelihood of liquidation).&#x20;

[Isolated Liquidity Pools](/lynx-finance/welcome-to-lynx/core-design/isolated-liquidity-pools.md)\
Who acts as the counterparty to each trade and which asset is used as the "settlement asset" (ie. which tokens do profits get paid in).

[Guaranteed Solvency](/lynx-finance/welcome-to-lynx/core-design/guaranteed-solvency.md)\
How Lynx ensures that winning traders get compensated under all circumstances.

[Trigger Bots](/lynx-finance/welcome-to-lynx/core-design/trigger-bots.md)\
What are the benefits of using bots to execute transactions on Lynx.

These subpages offer high-level coverage of some of Lynx's key design choices. For a deeper dive into the mechanics of the platform, see the litepaper [here](https://docsend.com/view/x3xfrzwtckyeva8e).


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