Supported Collateral

We are launching with 11 carefully selected assets, chosen for their options market depth, sector diversification, and strategy fit:

The productive collateral roster grows on a rolling basis as new assets clear internal criteria for options market depth, liquidity, and risk profile.

Every addition is subject to the same standards as the launch set. The roadmap is to expand steadily, not to flood the system with thinly-traded names.

Risk Parameters

All launch assets share a uniform risk framework. The protocol uses a flat 50% LTV across all supported collateral, meaning you can borrow up to half the value of your locked position. The liquidation threshold is set so that positions are partially liquidated before the collateral value falls close to the outstanding debt, with enough buffer to absorb normal daily moves.

Why a flat LTV? Simpler systems are harder to game and easier to audit. Rather than adjusting LTV per asset (which introduces complexity around which assets get preferential treatment and when parameters change), Spout uses a conservative flat rate and adjusts the options strategy per asset instead. The 50% LTV means every position has a 2x collateral buffer from day one, which provides substantial protection for both the borrower and the lending pool.