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

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

Long Positions

Major Cryptocurrencies

Crypto Pool (FLP.1/sFLP.1)

• 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

Commodities

Stable Pool (FLP.2/sFLP.2)

• XAU (Gold), XAG (Silver): Can ONLY use USDC

Forex

Stable Pool (FLP.2/sFLP.2)

• Euro, GBP, AUD: Can ONLY use USDC

Solana Tokens

Solana Defi (FLP.3/sFLP.3)

• 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

Meme Coins

Meme Pool (FLP.4/sFLP4)

• BONK, PENGU: You can use USDC, BONK, or PENGU

WIF Pool (FLP.5/sFLP.5)

• WIF: You can use USDC or WIF

Samo Pool (FLP.6/sFLP.6)

• SAMO: You can use USDC or SAMO

Fart Pool (FLP.7/sFLP.7)

• Fartcoin: You can use USDC or Fartcoin

Example: Using PENGU to long BONK means your PENGU is swapped to BONK first

Short Positions

For ALL short positions across every asset collateral will always be USDC.