# Use cases Here is a short incomplete list of functionalities/usages that Carmine Options AMM has. * Gaining profits from token's increase in value with limited risk * Protection against price drops of crypto assets * Hedging and protection against impermanent loss * Protecting against under the water loans * Hedging portfolio * Trading volatility * VIX equivalent * No liquidation loans * Hedging and protection against loan liquidation * Protection against game commodities price drops * Protection against price drops of NFTs * Speculation on price decreases with limited risk --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.carmine.finance/carmine-options-amm/use-cases.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.