> For the complete documentation index, see [llms.txt](https://docs.resolv.xyz/litepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.resolv.xyz/litepaper/protocol-mechanics/collateral-pool/collateral-pool-allocations.md).

# Collateral Pool Allocations

Resolv collateral pool is allocated across multiple money markets, including ETH and BTC basis trade, as well as USD-neutral assets. Allowlisted exposure in the collateral pool:

<table><thead><tr><th width="376">Section</th><th>Allowlisted Allocation</th><th data-hidden></th></tr></thead><tbody><tr><td><strong>ETH inventory</strong></td><td><ul><li>Includes ETH and staked ETH.</li><li>Basis trade (long ETH + short futures) on approved trading venues.</li><li>A portion of the ETH inventory is deployed within the ETH cluster and deposited into DeFi protocols.</li></ul></td><td></td></tr><tr><td><strong>BTC inventory</strong></td><td><ul><li>Includes BTC inventory.</li><li>Basis trade (long BTC + short futures) on approved trading venues.</li><li>A portion of the BTC is deployed within the BTC cluster and deposited into DeFi protocols.</li></ul></td><td></td></tr><tr><td>Stablecoins and USD-neutral assets</td><td><ul><li>Includes stablecoins such as USDC and USDT.</li><li>USDC, USDT margin positions on approved trading venues.</li><li>A portion of these assets is allocated to DeFi asset clusters.</li></ul></td><td></td></tr></tbody></table>

Exchanges integrated for hedging in ETH and BTC Delta-Neutral Cluster:&#x20;

<table><thead><tr><th width="376">Venue</th><th>Futures pairs</th><th data-hidden></th></tr></thead><tbody><tr><td>Binance</td><td>ETHUSD CM, BTCUSD CM</td><td></td></tr><tr><td>Hyperliquid</td><td>ETHUSD, BTCUSD</td><td></td></tr><tr><td>Deribit</td><td>ETHUSD CM, BTCUSD CM</td><td></td></tr><tr><td>Bybit</td><td>ETHUSD CM</td><td></td></tr></tbody></table>
