> For the complete documentation index, see [llms.txt](https://flipper-3.gitbook.io/flipper-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://flipper-3.gitbook.io/flipper-docs/flipper-v1/flipper-beta-version.md).

# Flipper Beta Version

Flipper is currently available as a limited beta release for a selected group of users who participated in testing and supported the project during the testnet phase.

The core trading functionality is already operational. However, certain features, interface elements and system components are still being refined ahead of the full production release.

<table data-view="cards"><thead><tr><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td><p><mark style="color:$primary;"><strong>01 — What to Expect from the Beta Version</strong></mark></p><p>Key limitations and risks to consider when using Flipper during the beta phase.</p></td><td><a href="/flipper-docs/flipper-v1/flipper-beta-version/what-to-expect-from-the-beta-version.md">What to Expect from the Beta Version</a></td></tr><tr><td><p><mark style="color:$primary;"><strong>02 — Beta Collateral Limits</strong></mark></p><p>Current collateral limits for each vault and how they apply to new deposits.</p></td><td><a href="/flipper-docs/flipper-v1/flipper-beta-version/beta-collateral-limits.md">Beta Collateral Limits</a></td></tr><tr><td><p><mark style="color:$primary;"><strong>03 — Production Release</strong></mark></p><p>What will change with the production launch and the transition to a new smart contract.</p></td><td><a href="/flipper-docs/flipper-v1/flipper-beta-version/production-release.md">Production Release</a></td></tr><tr><td><p><mark style="color:$primary;"><strong>04 — Migration to the Production Version</strong></mark></p><p>The steps users will need to complete when moving from beta to production.</p></td><td><a href="/flipper-docs/flipper-v1/flipper-beta-version/migration-to-the-production-version.md">Migration to the Production Version</a></td></tr><tr><td><p><mark style="color:$primary;"><strong>05 — Open Positions During Migration</strong></mark></p><p>How existing positions and collateral will be handled during the transition period.</p></td><td><a href="/flipper-docs/flipper-v1/flipper-beta-version/open-positions-during-migration.md">Open Positions During Migration</a></td></tr></tbody></table>