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

# Overview

**One capital engine. Multiple financial products.**

ADCP avoids proliferating tokens and bespoke architectures: one deterministic accounting/credit core, multiple clearly isolated, clearly labeled products. Each product has its own status — they are not equally live, and this documentation never implies otherwise.

| Series | Name                  | Status                                           | Summary                                                                                                                  |
| ------ | --------------------- | ------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------ |
| 002    | BTC-Secured Credit    | **Working proof / controlled pilot**             | BTC collateral, USDC liquidity, deterministic credit and risk rules. Live on Base Sepolia today.                         |
| 001    | Participating Capital | **Defined architecture / product specification** | A temporary-capital, scheduled-recovery, profit-participation design. Not a live production product or investment offer. |
| 003    | RWA Product Series    | **Future product template**                      | A design direction for governing capital behaviour around a real-world asset. No implementation exists yet.              |

## Reading the status labels

* **Working proof / controlled pilot** — real, deployed, running code, on a public test network, observable live.
* **Defined architecture / product specification** — a written design only. No corresponding Solidity contract exists.
* **Future product template** — a stated direction, not yet designed at the implementation level.

## What stays constant across every product

* Principal is never profit. Return of contributed capital is never represented as revenue, yield, or profit.
* Product-level participation, PEU's permanent residual layer, and ADCP's own corporate equity remain three distinct concepts — see [PEU](/protocol/peu.md).
* No product is marketed as guaranteed, risk-free, or regulator-approved unless that statement is literally true and documented.


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