> For the complete documentation index, see [llms.txt](https://docs.flash.trade/flash-trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/flp.2-synthetic-flu-pool-2.md).

# FLP.2 - (Synthetic FLU Pool 2)

***

### Overview

Synthetic Pool is the pool which forms the underlying liquidity pool for all perpetual contracts that are asset backed by collateral. This pool contains stable coins and XAUT which forms the underlying collateral backing for the synthetic perpetual contracts that are traded based on the synthetic pool.

**Key Features:**

* All assets will trade vs their USDC or XAUT pairs
* Any synthetic perpetual contract can be initiated irrespective of the asset in the pool

| Tradeable Assets                                                            |
| --------------------------------------------------------------------------- |
| Crude-Oil, Nasgas(Natural Gas), EUR, GBP, USDJPY, USDCNH,  Gold, and Silver |

{% content-ref url="/pages/ghwG8UUrFQ77A1JVS4hd" %}
[Contract Address](/flash-trade/flash-trade-protocol/technical-architecture/flp-token/contract-address.md)
{% endcontent-ref %}

***

### PnL Limitations

Due to the theoretical upside of long positions and the stable value of the stable coins in the pool, there is a **PnL Max Payoff limit of 10x the initial collateral** on the assets in this pool (currently commodities, forex, and metals). This will likely be raised as we have more real time trading data.

#### Example:

If a trader uses $100 of USDC of collateral to 10x long an equity that is backed by the synthetic pool, their max positive PnL will be +$1000 at which point their position is automatically closed and PnL paid out.

***

### Market Hours

Trading and Liquidity Providing of the Assets in Pool 2 will be limited to the hours that those markets are open.

**Trading Schedule:**

* Trading times for these assets will be in accordance to CME operational hours and holidays
* More info [here](/flash-trade/flash-trade-protocol/perpetuals-specifications/market-hours.md)

{% hint style="danger" %}

#### **Important:**

When the markets are closed for any of the assets in Pool 2 it will not be possible to open or close positions and mint or burn FLP.2.
{% endhint %}


---

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