> For the complete documentation index, see [llms.txt](https://docs.native.org/native-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.native.org/native-whitepaper/introduction/flexible-market-making/pricing-models/off-chain-pricing/fixed-price.md).

# Fixed Price

A fixed price pricing model works similar to a currency exchange or money changer. There is a clear exchange rate defined for each trading pair. Just like a money changer might set the exchange rate between currencies, project teams can set the buy and sell price of certain trading pairs at a predefined rate.