On Flash.Trade the collateral for the trade will depend on whether a user would like to long or short an asset.
When you go "long" on something, you're betting its value will increase. Here's what you can use as collateral for different assets:
SOL, BTC, ETH: You can use USDC, SOL, BTC, ETH, or JitoSOL
Example: If you use BTC to long SOL, your BTC is automatically swapped to SOL first, then that SOL is used with your chosen leverage
XAU (Gold), XAG (Silver): Can ONLY use USDC
Euro, GBP, AUD: Can ONLY use USDC
JUP, PYTH, JTO, W, RAY, KMNO: You can use USDC or any coin from this group
Example: If you use RAY to long JUP, your RAY is swapped to JUP first, then used with leverage
BONK, PENGU: You can use USDC, BONK, or PENGU
WIF Pool (FLP.5/sFLP.5)
WIF: You can use USDC or WIF
SAMO: You can use USDC or SAMO
Fartcoin: You can use USDC or Fartcoin
Example: Using PENGU to long BONK means your PENGU is swapped to BONK first
For ALL short positions across every asset collateral will always be USDC.
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