> For the complete documentation index, see [llms.txt](https://docs.muesliswap.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.muesliswap.com/cardano/swaps-amms-and-lps.md).

# Swaps (AMMs and LPs)

Next to its orderbook trading features, MuesliSwap also has functionality to trade against liquidity pools. These liquidity pools have the benefit of high liquidity, which is supplied by users in a decentralized manner.&#x20;

Read on to learn how to place orders against liquidity pools using the MuesliSwap Swap feature.
