# Overview Dynamo is an innovative decentralized liquidity provisioning protocol that operates on the BNB Chain. Its primary objective is to address the liquidity challenges faced by permissionless derivatives across various EVM (Ethereum Virtual Machine) chains. By leveraging the power of blockchain technology and decentralized finance (DeFi), Dynamo aims to provide a robust liquidity layer for permissionless derivatives markets. These markets allow users to trade and speculate on the price movements of various assets without requiring permission or intermediaries. As a liquidity provisioning protocol, Dynamo plays a crucial role in ensuring that there is sufficient liquidity available in permissionless derivatives markets. Liquidity refers to the ease with which an asset can be bought or sold without impacting its price. By providing reliable and efficient liquidity, Dynamo enhances the trading experience for users, reducing slippage and increasing market depth. Dynamo's protocol is built on the BNB Chain, which offers a secure and scalable infrastructure for executing smart contracts and facilitating decentralized applications. By utilizing the BNB Chain, Dynamo can leverage its robust ecosystem and tap into its vibrant community. However, Dynamo's ambition extends beyond the BNB Chain. It strives to provide liquidity for permissionless derivatives across multiple EVM chains. EVM chains, such as Ethereum, are platforms that support the execution of smart contracts. By expanding its liquidity provisioning capabilities to different EVM chains, Dynamo aims to unlock the untapped potential of liquidity provisioning for complex derivatives in DeFi. Dynamo's decentralized nature ensures that it operates without the need for a centralized authority or intermediary. This decentralization is a fundamental characteristic of DeFi protocols, as it promotes transparency, security, and censorship resistance. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://dynamoteam.gitbook.io/dynamo-whitepaper/introduction/overview.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.