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Leveraged Tokens
BTC3L Information Disclosure
BTC3L
Go 3x long on BTC
0.015063 USDT
Net Asset Value
0.015156 USDT
Last Price
Product Information
Transaction rules
| Name | BTC3L |
| Assets Under Management | 12926506.64008051208488USDT |
| Basket | +373.327619 XBTUSDTM Futures |
| Issued Size | 863263432.62191212 |
| Leverage (Target/Actual) | 3x / 2.9227x |
| Management Fee Per Day | 0.045% |
| Regular Rebalance | The position will be rebalanced at 08:00(UTC+8) each day. |
| Irregular Rebalance | When BTC drops by 14%, the position will be rebalanced. |
Introduction
BTC3L is a leveraged token that goes 3x long the BTC via futures trading. By means of leverage and the rebalancing of the asset base, when the BTC price goes up 1%, the net asset value of BTC3L will rise by 3%.
Due to the rebalancing mechanism, the NAV of the leveraged token may be worn in the price volatility. It is recommended that you do not hold the leveraged token for long periods of time to control for risks.
When ETF shares merge, the number of shares you hold will be reduced to 1/1000 of the original quantity (assuming a 1000:1 consolidation). The price of each ETF share will increase by a factor of 1000, while the total value of your ETF holdings remains the same. Please note that trading will be temporarily suspended during consolidation.
Rebalance History
| Time | Basket (Before Rebalancing) | Basket (After Rebalancing) | Leverage (Before Rebalancing) | Leverage (After Rebalancing) |
|---|
| 12/19/2024 07:45 | +373.290499 XBTUSDTM | +373.327619 XBTUSDTM | 2.9322x | 2.9322x |
| 12/18/2024 23:55 | +422.204018 XBTUSDTM | +373.290499 XBTUSDTM | 3.3931x | 2.9986x |
| 12/18/2024 23:45 | +422.07664 XBTUSDTM | +422.204018 XBTUSDTM | 3.3724x | 3.3724x |
| 12/18/2024 15:45 | +422.084324 XBTUSDTM | +422.07664 XBTUSDTM | 3.1025x | 3.1025x |
| 12/18/2024 07:45 | +422.144706 XBTUSDTM | +422.084324 XBTUSDTM | 3.1128x | 3.1128x |
| 12/17/2024 23:55 | +422.435229 XBTUSDTM | +422.144706 XBTUSDTM | 3.0021x | 3.0002x |
| 12/17/2024 23:45 | +422.416093 XBTUSDTM | +422.435229 XBTUSDTM | 2.9899x | 2.9899x |
| 12/17/2024 15:45 | +423.034145 XBTUSDTM | +422.416093 XBTUSDTM | 2.9735x | 2.9735x |
| 12/17/2024 07:45 | +423.104821 XBTUSDTM | +423.034145 XBTUSDTM | 2.9532x | 2.9532x |
| 12/16/2024 23:55 | +412.733317 XBTUSDTM | +423.104821 XBTUSDTM | 2.9265x | 2.9999x |