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Risk parameters

Max LTV and liquidation threshold for each of the 24 collateral markets, and how the health factor is derived from them.

What these numbers mean

Every collateral market carries two risk parameters, set per asset and enforced on-chain:

Riskier, more volatile collateral gets a lower LTV and a tighter buffer. Stablecoins sit at the top of the range because their price barely moves.

All 24 markets

SymbolAssetMax LTVLiquidation threshold
Stablecoins
USDGGlobalDollar90%95%
Crypto majors
WETHWrappedEther75%82%
Tier 1 equities & ETFs
AAPLApple55%65%
MSFTMicrosoft55%65%
NVDANVIDIA55%65%
GOOGLAlphabet(ClassA)55%65%
AMZNAmazon.com55%65%
METAMetaPlatforms55%65%
TSLATesla55%65%
SPYSPDRS&P500ETFTrust55%65%
QQQInvescoQQQTrust55%65%
SGOViShares0-3MonthTreasuryBondETF55%65%
SLViSharesSilverTrust55%65%
Tier 2 equities
AMDAdvancedMicroDevices40%52%
INTCIntel40%52%
MUMicronTechnology40%52%
PLTRPalantirTechnologies40%52%
COINCoinbaseGlobal40%52%
ORCLOracle40%52%
BABAAlibabaGroup40%52%
CRCLCircleInternetGroup40%52%
CRWVCoreWeave40%52%
SNDKSandisk40%52%
SPCXSpaceX40%52%

Health factor

Your health factor expresses how far a vault sits from liquidation:

health factor = (collateral value × liquidation threshold) / debt

Above 1.0 the vault is safe. At or below 1.0 anyone can liquidate it. A vault with no debt has an infinite health factor.

How parameters change

Risk parameters are governed. Changes are proposed and voted through governance, so a market's LTV can be tightened if its volatility profile changes. Existing vaults are subject to the current parameters, not the ones in force when they were opened.