# Collateral Specification

On Flash.Trade the collateral for the trade will depend on whether a user would like to long or short an asset.

## Asset Backed Collateral Guide

***

When you go "long" on something, you're betting its value will increase. Here's what you can use as collateral for different assets:

{% tabs %}
{% tab title="Long Positions" %}

## Major Cryptocurrencies 

#### Crypto Pool (FLP.1/sFLP.1)

* **SOL, BTC, ETH, JitoSOL, ZEC**: You can use USDC or any coin from this group
* Max size for BTC & SOL is $2 Million

{% hint style="success" %}
*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
{% endhint %}

## Commodities

#### Stable Pool (FLP.2/sFLP.2)

* **CRUDEOIL, NASGAS(Natural Gas)**: Can use USDC or XAUt

## Metals

#### Stable Pool (FLP.2/sFLP.2)

* **XAU (Gold), XAG (Silver)**: Can use USDC or XAUt

## Forex

#### Stable Pool (FLP.2/sFLP.2)

* **Euro, GBP, AUD**: Can use USDC or XAUt

## Solana Tokens

#### Solana Defi (FLP.3/sFLP.3)

* **JUP, JTO, RAY, KMNO, 2Z, MET, PYTH**: You can use USDC or any coin from this group

{% hint style="success" %}
*Example*: If you use RAY to long JUP, your RAY is swapped to JUP first, then used with leverage
{% endhint %}

## Meme Coins

####  Meme Pool (FLP.4/sFLP4)

* **PUMP, PENGU, BONK**: You can use USDC or any coin from this group

WIF Pool (FLP.5/sFLP.5)

* **WIF**: You can use USDC or WIF

#### Samo Pool (FLP.6/sFLP.6) (<mark style="color:$danger;">Deprecated</mark>)

* **SAMO**: You can use USDC or SAMO

#### Fart Pool (FLP.7/sFLP.7)

* **Fartcoin**: You can use USDC or Fartcoin

{% hint style="success" %}
*Example*: Using PENGU to long BONK means your PENGU is swapped to BONK first
{% endhint %}

#### Ore Pool (FLP.8/sFLP.8)

* **ORE**: You can use USDC or ORE

#### Equities Pool (FLP.x/sFLP.x)

* **TSLAx, SPYx, CRCLx, MSTRx, NVDAx, AMZNx, AAPLx:** You can use USDC or any coin from this group
  {% endtab %}

{% tab title="Short Positions" %}
For ALL short positions across every asset collateral will always be USDC.
{% endtab %}
{% endtabs %}


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.flash.trade/flash-trade/flash-trade-protocol/perpetuals-specifications/collateral-specification.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.