Accepted collateral
USDC is the base currency of your account: positions, PnL and fees are all measured in USDC. You can also deposit other assets as cross-margin collateral. Each counts at a percentage of its market value, called its weight, to protect against price swings.
| Asset | Collateral weight |
|---|---|
| USDC (USD Coin) | 100% |
| USDT (Tether USD) | 100% |
| USD1 (World Liberty USD) | 98% |
| USDG (Global Dollar) | 98% |
| YUSD | 90% |
| ETH (Ether) | 80% |
| WBTC (Wrapped Bitcoin) | 80% |
What you can deposit on each network
Each network supports its own set of assets. USDC can be deposited on all five; the others only where listed.
| Network | Accepted collateral |
|---|---|
| Ethereum | USDC, USDT, ETH, WBTC, USD1, YUSD |
| Arbitrum | USDC, USDT, ETH, USDG |
| Base | USDC, ETH |
| Optimism | USDC |
| Mantle | USDC · USDC.e (bridged USDC) |
How collateral counts
Example
You deposit 1 ETH while ETH trades at 3,000 USDC.
Collateral value = 1 × 3,000 × 80% = 2,400 USDC of margin.