> For the complete documentation index, see [llms.txt](https://sagitta-protocol.gitbook.io/sagitta-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://sagitta-protocol.gitbook.io/sagitta-whitepaper/capital-flow-diagram.md).

# Capital Flow Diagram

Capital in Sagitta flows through custody, authority, execution, and insurance layers under deterministic settlement and continuity governance.

### Diagram Purpose

The Capital Flow Diagram illustrates **how capital enters, moves through, and exits the Sagitta Protocol**, and which authority governs each stage.

The diagram emphasizes:

* separation of roles
* deterministic settlement
* insurance enforcement
* continuity supremacy

This diagram represents **lawful flow**, not optimization paths.

***

<figure><img src="https://3138571314-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F16kpZzgBZ9QVWJAg9B7D%2Fuploads%2Fgit-blob-1a7264c868ff32bbd20e7174139307165b85d28e%2Fimage.png?alt=media" alt=""><figcaption></figcaption></figure>