Supported Assets
Spout supports 11 assets, chosen for deep listed options markets, reliable price feeds, a spread across sectors, and fit with the strategy. Each is a tokenized share or ETF unit from an approved issuer.
- AAPLTech
- NVDATech
- GOOGTech
- SMCIAI Infrastructure
- IBITBitcoin ETF
- MSTRBitcoin Exposure
- BSOLSolana ETF
- PFEHealthcare
- GSFinancials
- XOMEnergy
- GLDGold ETF
Risk parameters
Every asset has the same 50% maximum LTV (loan to value). Each has its own liquidation threshold, set from how far the stock has gapped overnight in its trading history, and a penalty equal to the gap between 50% and that threshold.
| Ticker | Name | Liquidation threshold | Penalty | Room to fall from 50% LTV |
|---|---|---|---|---|
| GLD | SPDR Gold Shares | 54.1% | 4.1% | 7.5% |
| PFE | Pfizer | 55.6% | 5.6% | 10% |
| AAPL | Apple | 55.6% | 5.6% | 10% |
| GOOG | Alphabet | 55.6% | 5.6% | 10% |
| XOM | Exxon Mobil | 55.6% | 5.6% | 10% |
| GS | Goldman Sachs | 57.1% | 7.1% | 12.5% |
| NVDA | Nvidia | 58.8% | 8.8% | 15% |
| IBIT | iShares Bitcoin Trust | 60.6% | 10.6% | 17.5% |
| BSOL | Bitwise Solana Staking ETF | 60.6% | 10.6% | 17.5% |
| SMCI | Super Micro Computer | 62.5% | 12.5% | 20% |
| MSTR | Strategy | 62.5% | 12.5% | 20% |
Room to fall is how far the price can drop from a position at the 50% maximum before liquidation starts.
Why one maximum LTV but different thresholds
- Why one maximum LTV
- Everyone can borrow up to 50%, so every position starts with collateral worth at least twice the loan.
- Why different thresholds
- A volatile stock can gap further overnight than a steady one, so it gets more room before a sale starts. IBIT, BSOL and MSTR also carry weekend risk: the crypto they track trades through the weekend, but the funds and the stock only trade in US market hours, so a weekend move arrives as a gap at Monday's open.
- Why different penalties
- The penalty equals the asset's buffer, so it scales with risk: a more volatile asset costs more to liquidate, and its borrowers pay in proportion. A steady asset like GLD carries a 4.1% penalty; the most volatile carry 12.5%.
Thresholds are reviewed regularly, and immediately if an overnight gap uses more than 60% of the room between 50% and an asset's threshold, when an asset is added, or when an asset changes in a way that matters, such as a split or a change in what it holds.
Adding new assets
New assets are added when they meet the same standards: a deep listed options market, a reliable price feed, an approved issuer whose token passes Spout's design checks, and a fit with the rest of the list. Each asset's cycle length and next expiry are shown in the app.