# Cephei Protocol Explained

{% content-ref url="cephei-protocol-explained/how-it-works" %}
[how-it-works](https://cephei.gitbook.io/cephei/cephei-protocol-explained/how-it-works)
{% endcontent-ref %}

{% content-ref url="core-mechanics/price-stability-mechanisms" %}
[price-stability-mechanisms](https://cephei.gitbook.io/cephei/core-mechanics/price-stability-mechanisms)
{% endcontent-ref %}

{% content-ref url="core-mechanics/liquidation-mechanics-and-insurance" %}
[liquidation-mechanics-and-insurance](https://cephei.gitbook.io/cephei/core-mechanics/liquidation-mechanics-and-insurance)
{% endcontent-ref %}

{% content-ref url="cephei-protocol-explained/expanding-the-utility-of-collateral" %}
[expanding-the-utility-of-collateral](https://cephei.gitbook.io/cephei/cephei-protocol-explained/expanding-the-utility-of-collateral)
{% endcontent-ref %}

{% content-ref url="core-mechanics/requirements-and-fees" %}
[requirements-and-fees](https://cephei.gitbook.io/cephei/core-mechanics/requirements-and-fees)
{% endcontent-ref %}

{% content-ref url="cephei-protocol-explained/cephei-features" %}
[cephei-features](https://cephei.gitbook.io/cephei/cephei-protocol-explained/cephei-features)
{% endcontent-ref %}