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

# STRATEGIES

- [Kandel](https://docs.arcadex.fi/strategies/kandel.md)
- [What is Kandel?](https://docs.arcadex.fi/strategies/kandel/what-is-kandel.md)
- [How does Kandel Work?](https://docs.arcadex.fi/strategies/kandel/how-does-kandel-work.md)
- [Step-by-step visual explanation](https://docs.arcadex.fi/strategies/kandel/how-does-kandel-work/step-by-step-visual-explanation.md)
- [Parameters](https://docs.arcadex.fi/strategies/kandel/how-does-kandel-work/parameters.md)
- [Choosing Kandel parameters](https://docs.arcadex.fi/strategies/kandel/how-does-kandel-work/choosing-kandel-parameters.md)
- [Published Liquidity](https://docs.arcadex.fi/strategies/kandel/how-does-kandel-work/published-liquidity.md)
- [More on failing offers](https://docs.arcadex.fi/strategies/kandel/how-does-kandel-work/more-on-failing-offers.md)
- [Potential risks](https://docs.arcadex.fi/strategies/kandel/potential-risks.md)