> For clean Markdown of any page, append .md to the page URL.
> For a complete documentation index, see https://docs.paradex.trade/llms.txt.
> For AI client integration (Claude Code, Cursor, etc.), connect to the MCP server at https://docs.paradex.trade/_mcp/server.

# Non-USDC Balances & Collateral

> Impact of non-USDC balances on account value and margin

* Non-USDC balances contribute to total account value
* However, they do not count toward free collateral. USDC is required to trade perpetual markets

Support for multi-collateral will be introduced in a future update.

Since non-USDC balances are not eligible collateral, they are not affected by liquidations.