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

# Tokens

The MoreMarkets ecosystem utilizes three types of tokens to facilitate cross-chain liquidity and interactions: **Principal Tokens**, **Receipt Tokens**, and **Positional Tokens**. Each token type plays a unique role in enabling seamless asset transfers, liquidity provision, and yield generation across chains.