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Leveraged Tokens
BTC3S Information Disclosure
BTC3S
Go 3x short on BTC
0.00032304 USDT
Net Asset Value
0.00032441 USDT
Last Price
Product Information
Transaction rules
| Name | BTC3S |
| Assets Under Management | 875964.731611326071856USDT |
| Basket | -26.188338 XBTUSDTM Futures |
| Issued Size | 2571073471.12217808 |
| Leverage (Target/Actual) | 3x / 3.2199x |
| Management Fee Per Day | 0.045% |
| Regular Rebalance | The position will be rebalanced at 08:00(UTC+8) each day. |
| Irregular Rebalance | When BTC increases by 15%, the position will be rebalanced. |
Introduction
BTC3S is a leveraged token that goes 3x short the BTC via futures trading. By means of leverage and the rebalancing of the asset base, when the BTC price drops 1%, the net asset value of BTC3S 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) |
|---|
| 12/18/2024 23:55 | -21.354064 XBTUSDTM | -26.188338 XBTUSDTM | 2.4462x | 3.0007x |
| 12/18/2024 07:45 | -17.320537 XBTUSDTM | -21.354064 XBTUSDTM | 2.8021x | 2.8021x |
| 12/17/2024 23:55 | -17.346496 XBTUSDTM | -17.320537 XBTUSDTM | 3.0045x | 2.9999x |
| 12/17/2024 15:45 | -17.237373 XBTUSDTM | -17.346496 XBTUSDTM | 3.0584x | 3.0584x |
| 12/17/2024 07:45 | -17.199641 XBTUSDTM | -17.237373 XBTUSDTM | 3.1018x | 3.1018x |
| 12/16/2024 23:55 | -18.177056 XBTUSDTM | -17.199641 XBTUSDTM | 3.1705x | 3x |
| 12/16/2024 15:45 | -18.155561 XBTUSDTM | -18.177056 XBTUSDTM | 3.2217x | 3.2217x |
| 12/16/2024 07:45 | -13.782145 XBTUSDTM | -18.155561 XBTUSDTM | 3.0654x | 3.0654x |
| 12/15/2024 23:55 | -15.721838 XBTUSDTM | -13.782145 XBTUSDTM | 3.4222x | 2.9991x |
| 12/15/2024 23:45 | -15.596924 XBTUSDTM | -15.721838 XBTUSDTM | 3.4424x | 3.4424x |