🐋 WHALE WATCH: @arcus_xyz opening Multi-Asset Collateral to every trader adds another layer to how spot and perps interact on the platform. Eligible holdings including ETH, SPY, QQQ, AAPL, NVDA and other Stock Tokens can now support cross-margin perp positions without requiring traders to sell the underlying asset first. The mechanics are fairly straightforward. Arcus uses deposited USDG first. If additional margin is needed, the remaining amount can be borrowed automatically against eligible collateral. As margin requirements fall, that borrowing can be reduced alongside the position. That gives traders more flexibility around capital allocation. A spot position can remain intact while still contributing to margin, and the same portfolio can be used to hedge exposure through perps without first unwinding the underlying holding. Eligible collateral currently starts at 50% LTV, with borrowing capped at $10K per account. The broader shift is toward a more unified portfolio structure, where spot assets and derivatives are able to work together instead of sitting in separate parts of the account.