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A spoke is a lending account’s risk profile. It defines which markets the account can use and the conditions for supplying, borrowing, and liquidation. An account belongs to one spoke for its entire lifetime. Governance can change the spoke’s settings.

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Choosing a spoke

Review eligible collateral and debt assets before opening an account. The same asset can have different terms on different spokes, or be borrow-only on one and collateral on another. Check both the hub and token contract when comparing listings; the token name alone is not enough. Spokes using the same hub-asset market share its liquidity and interest rates. They apply their own collateral settings and caps. Prices come from the protocol’s shared oracle system; spokes do not choose separate prices.

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What a spoke controls

Risk parameters explains how these values affect a position. A deprecated spoke blocks new supply and borrowing, including additions to existing positions. Deprecation alone does not block plain repayment or withdrawal. Other listing, liquidity, and account checks still apply.

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Paused and frozen listings

Listing controls apply independently of the protocol-wide pause. The protocol-wide pause blocks ordinary supply and borrowing. It does not itself block plain repayment, withdrawal, or liquidation.
A paused collateral listing can still be seized during liquidation. A separate seizure halt is required to block that action. Conversely, a paused debt listing can block repayment, including repayment by a liquidator.
All actions remain subject to other account, market, and price checks. See governance for the protocol-wide pause and how controls are changed.