> For the complete documentation index, see [llms.txt](https://docs.defioptions.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.defioptions.org/protocol/roles.md).

# Roles

More than simply a decentralized exchange, **Defi Options** is an environment where four main types of participants 👥 play a role:

* Traders
* Liquidity Providers
* Validators
* Token Holders

Each of these roles has specifics interests and motivations for interacting with **Defi Options**, as we'll see in the next pages.