Automatic Collateral Management

What is ACM?

Automatic Collateral Management (ACM) is one of Wick’s core features. It gives users a single, unified USDC balance to trade seamlessly across spot, perpetual, and HIP3 markets.

With ACM, you can long Bitcoin, buy Hyperliquid spot, and trade HIP3 markets like XYZ-100 — all without manually transferring USDC between accounts.

How does it work?

Wick handles collateral transfers instantly and automatically in the background. Whenever you place a trade, ACM moves your USDC where it needs to go — no manual steps required.

For example, if you deposit and market sell 1 SOL through Unit, the USDC initially sits in your spot account balance. The moment you open a Bitcoin long, Wick automatically allocates that USDC to your perpetuals account on Hyperliquid.

Simplified by design

ACM is designed to make trading effortless. Users never need to manually move funds between accounts. All positions on Wick use isolated margin. There is no cross-margin trading. Each position manages its own collateral independently, ensuring clear risk boundaries and predictable exposure.