> For the complete documentation index, see [llms.txt](https://glossary.ecsa.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://glossary.ecsa.io/market.md). # Market Like money, market is a “Layer 1” economic interoperability protocol. It is made of offer, matching, netting, and clearing protocols that its agents must adopt to interoperate as a coherent whole. In other words, it is an economic communication network. It is a space of communication and exchange that structures the space of possibilities for interactions and for the economic properties of the objects populating such spaces. We are market makers. We want to make markets – give structure to a space of exchange and communication – for performances organized around different collectively defined values. In the economic space protocol, those who participate in markets are agents who interact in a network and, through their interactions, create economic space. In these markets, prices are disconnected from the presumption of pursuit of profit and instead express units of collectively-defined network value. Transactions are confirmed by the transfer of tokens on a network ledger, rather than exchanges of “money”. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## 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://glossary.ecsa.io/market.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.