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FTM3L Information Disclosure
FTM3L
Go 3x long on FTM
7.6295 USDT
Net Asset Value
7.7577 USDT
Last Price
Product Information
Transaction rules
| Name | FTM3L |
| Assets Under Management | 1764055.402317851276USDT |
| Basket | +4,402,110.606117 FTMUSDTM Futures |
| Issued Size | 224583.10871287 |
| Leverage (Target/Actual) | 3x / 2.9216x |
| Management Fee Per Day | 0.1% |
| Regular Rebalance | The position will be rebalanced at 08:00(UTC+8) each day. |
| Irregular Rebalance | When FTM drops by 14%, the position will be rebalanced. |
Introduction
FTM3L is a leveraged token that goes 3x long the FTM via futures trading. By means of leverage and the rebalancing of the asset base, when the FTM price goes up 1%, the net asset value of FTM3L 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 | +4392669.421194 FTMUSDTM | +4402110.606117 FTMUSDTM | 2.8557x | 2.8557x |
| 12/18/2024 23:50 | +4900256.617609 FTMUSDTM | +4392669.421194 FTMUSDTM | 3.3467x | 3.0005x |
| 12/18/2024 23:45 | +4867073.897229 FTMUSDTM | +4900256.617609 FTMUSDTM | 3.3042x | 3.3042x |
| 12/18/2024 20:03 | +6506750.861247 FTMUSDTM | +4867073.897229 FTMUSDTM | 4.0107x | 2.9895x |
| 12/18/2024 15:45 | +6495695.446102 FTMUSDTM | +6506750.861247 FTMUSDTM | 3.5703x | 3.5703x |
| 12/18/2024 07:45 | +6486391.913274 FTMUSDTM | +6495695.446102 FTMUSDTM | 3.1608x | 3.1608x |
| 12/17/2024 23:50 | +7259358.131159 FTMUSDTM | +6486391.913274 FTMUSDTM | 3.3575x | 2.9992x |
| 12/16/2024 23:50 | +7888940.305395 FTMUSDTM | +7259358.131159 FTMUSDTM | 3.2602x | 2.9998x |
| 12/16/2024 23:45 | +7889006.826629 FTMUSDTM | +7888940.305395 FTMUSDTM | 3.2776x | 3.2776x |
| 12/16/2024 07:45 | +7897327.958333 FTMUSDTM | +7889006.826629 FTMUSDTM | 3.2056x | 3.2056x |