NEST Protocol is a decentralized trading setup referred to as the martingale network. NEST relies on smart contracts to remove market markers and LPs, while enabling traders with nearly unlimited liquidity via shared risk. NEST Protocol is made up of three components: NEST Oracle, NEST Assets, and NESTcratft. NEST Oracle delivers decentralized, on-chain pricing. NEST Assets are produced and destroyed through NEST smart contracts, supplying the currency units used for martingale trades on NEST. NESTcraft transforms different on-chain random inputs into a super martingale function library, offering a range of configurable martingale trading choices.

Across its ecosystem, the NEST protocol may be applied to many uses such as decentralized contract exchanges, a marketplace for financial derivatives, on-chain and off-chain risk hedging, the economic system for Metaverse and GameFi, lotteries, prop synthesis, and other related scenarios.