Torq Documentation

Markets are execution components inside governed credit facilities. Asset Managers review market setup, risk parameters, access, vault attachments, and health state.

Real Torq Asset Manager markets workspace

Visible field	What the user enters or selects	What it is for
`Collateral Asset`	Select or read the collateral asset.	Sets the asset accepted as collateral.
`Loan Asset`	Select or read the loan asset.	Sets the asset borrowers draw and repay.
`LLTV`	Enter or read liquidation loan-to-value threshold.	Sets borrowing safety threshold.
`Oracle`	Select the oracle or adapter where exposed.	Sets valuation source.
`IRM`	Select the approved IRM.	Sets rate policy.
`Market Cap`	Enter max market capacity where exposed.	Limits total market exposure.
`Borrow Freeze`	Toggle freeze where permitted.	Stops risk-increasing borrow actions.
`Reserve Factor`	Enter reserve factor where exposed.	Sets share of interest routed to reserves.
`Lender Floor`	Enter lender floor where exposed.	Sets minimum lender return policy context.
`Minimum Spread`	Enter minimum spread where exposed.	Sets minimum borrower/lender spread policy.
`Access`	Select access mode where exposed.	Sets whether the market is open, scoped, or restricted.
`NAV Reporter`	Choose the reporter for NAV-based support where shown.	Assigns valuation responsibility.
`Reporting Currency Symbol`	Enter reporting currency symbol.	Sets reported currency display unit.
`Reporting Currency Token Address`	Enter reporting currency token address.	Sets reporting currency token identity.
`Reporting Decimals`	Enter reporting decimals.	Sets decimal precision for reporting currency.
`Supports Ex-Post Adjustments`	Toggle adjustment support.	Records whether revisions/adjustments are supported.
`Market Feed Provider`	Choose market feed provider.	Sets live market-data source.
`Market Feed Reference`	Enter feed reference.	Stores feed reference used by policy.
`NAV Supply Delta Soft %`	Enter soft supply-delta percentage.	Sets soft review threshold.
`NAV Supply Delta Hard %`	Enter hard supply-delta percentage.	Sets hard freeze threshold.
`Launch Price USD`	Enter optional launch price.	Stores initial USD price context.
`Launch Price Trusted`	Toggle trusted/untrusted launch price.	Marks whether launch price can be treated as trusted context.
`Model kind`	Choose adaptive or staged adaptive curve where exposed.	Sets the IRM family.
`Preset`	Choose a preset curve profile.	Prefills rate-curve inputs.
`Target utilization`	Enter target utilization percentage.	Sets the utilization point the IRM tries to center around.
`Initial rate at target APR`	Enter initial APR at target utilization.	Sets starting target APR.
`Minimum rate at target APR`	Enter minimum APR.	Sets lower rate bound.
`Maximum rate at target APR`	Enter maximum APR.	Sets upper rate bound.
`Curve steepness`	Enter curve steepness scalar.	Sets how sharply rates respond away from target.
`Adjustment speed per year`	Enter annual adjustment speed.	Sets adaptive rate movement speed.
`Stress unwind adjustment speed per year`	Enter staged stress-unwind speed where exposed.	Sets staged recovery speed.
`Absolute borrow rate cap APR`	Enter absolute APR cap where exposed.	Sets a hard maximum borrow APR.
`Ramp Ends At`	Enter or select governance ramp end time.	Sets the date/time boundary for a governed IRM transition.
`Emergency Override`	Toggle or select emergency rate handling where permitted.	Applies emergency policy path.