> For the complete documentation index, see [llms.txt](https://docs.ammplify.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ammplify.xyz/technical-specs/core-concepts.md).

# Core Concepts

Hyperplex re-providing is basically three pieces put together:

* **A Liquidity Disassembler**: We take liquidity and split it into pieces to work with each piece individually. The most important part of this is how we make non-fungible concentrated AMM positions **fungible inside our contract**.
* **A Liquidity Adapte**r: We then take those pieces of AMM and Money Market liquidity and re-assemble them into the right **composition of liquidity** needed to power any given protocol no matter how complex it is.
* **A Liquidity Lending Marketplace**: Finally, we offer liquidity to protocol who need it. They can come to our marketplace and **borrow at a competitive rate**. Since liquidity is borrowed in pieces, your position can be **active in multiple protocols at once**, all being utilized to earn something.

In just three steps, we're able to power new, innovative protocols no matter their design.