> 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/liquidity-multiplexing.md).

# Liquidity Multiplexing

Finally, this is where our name comes from. **Multiplexing** is a term in computer hardware design where multiple streams of information funnel into a single stream. That is what Hyperplex does with yields. There are tons of defi opportunities but they appear at different times, use different types of liquidity, and earn different amounts. We direct all those different streams into one funnel so our users can earn more with one simple deposit.

That funnel is the Liquidity Borrow/Lending market. Every protocol can be thought of as a trading strategy. They provide an asset for their users by charging a price and most of those fees goes to their liquidity providers who are essentially financing that trade. Through lending, Hyperplex users can finance any of these trades in a simple way that still stays within the AMM risk model.

Mediation contracts or the protocols themselves borrow the pieces of liquidity and employ them in their trades to create what their users want. At any moment, your liquidity is most likely spread among multitude of these liquidity borrowers earning from multiple income streams.

<figure><img src="/files/bzXsbKVlbkDRKgCiIFI6" alt=""><figcaption><p>A simplified mental model of how Hyperplex works.</p></figcaption></figure>