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

# Price Lock

## What are Price Locks?

Price Locks are a way to “lock-in” a buy or sell price for 7 days.

## How to use?

With Price Locks, you can either be the TAKER or the MAKER:

* Taker: Buying a Price Lock
* Maker: Funding a Price Lock

Price Lock is entirely Peer to Peer hence no protocol risk and does not rely on oracle.

{% content-ref url="/pages/IrAWaUoWJtAyjwKaUNkO" %}
[Buying a Lock (Takers)](/trade/price-lock/buying-a-lock-takers.md)
{% endcontent-ref %}

{% content-ref url="/pages/epjr4QwX4sYY6x3EGrbi" %}
[Funding Locks (Makers)](/trade/price-lock/funding-locks-makers.md)
{% endcontent-ref %}

## Rewards ⭐️

Read about price lock rewards here:

{% content-ref url="/pages/vDAOfxETOLarVYqJTeSf" %}
[Season 3!](/welcome/rewards/season-3.md)
{% endcontent-ref %}