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Leveraged Tokens
SAND3S Information Disclosure
coin
SAND3S
Go 3x short on SAND
7.1128 USDT
Net Asset Value
7.3329 USDT
Last Price
Product Information
Transaction rules
NameSAND3S
Assets Under Management651504.586004536992USDT
Basket-7,512,545.913505 SANDUSDTM Futures
Issued Size92923.40626491
Leverage (Target/Actual)3x / 2.9413x
Management Fee Per Day0.045%
Regular RebalanceThe position will be rebalanced at 08:00(UTC+8) each day.
Irregular RebalanceWhen SAND increases by 14%, the position will be rebalanced.
Introduction
SAND3S is a leveraged token that goes 3x short the SAND via futures trading. By means of leverage and the rebalancing of the asset base, when the SAND price drops 1%, the net asset value of SAND3S 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
TimeBasket (Before Rebalancing)Basket (After Rebalancing)Leverage (Before Rebalancing)Leverage (After Rebalancing)
 
 
 
 
 
08/27/2024 23:50
-5867795.502068
SANDUSDTM
-7512545.913505
SANDUSDTM
2.3432x2.9987x
08/26/2024 23:50
-4802544.535211
SANDUSDTM
-5867795.502068
SANDUSDTM
2.4554x3.0007x
08/25/2024 23:50
-4306325.237697
SANDUSDTM
-4802544.535211
SANDUSDTM
2.69x2.9989x
08/24/2024 23:50
-4465182.734602
SANDUSDTM
-4306325.237697
SANDUSDTM
3.1107x3.0033x
08/23/2024 23:50
-4795524.764803
SANDUSDTM
-4465182.734602
SANDUSDTM
3.2219x3.0006x
08/23/2024 17:46
-6415406.395672
SANDUSDTM
-4795524.764803
SANDUSDTM
4.0134x3.0022x
08/22/2024 23:50
-6622231.344411
SANDUSDTM
-6415406.395672
SANDUSDTM
3.0967x2.9993x
08/21/2024 23:50
-8052175.280974
SANDUSDTM
-6622231.344411
SANDUSDTM
3.6478x3.0069x
08/20/2024 23:50
-8305081.673294
SANDUSDTM
-8052175.280974
SANDUSDTM
3.0942x2.9993x
08/19/2024 23:50
-8848773.896446
SANDUSDTM
-8305081.673294
SANDUSDTM
3.1964x2.9987x
08/18/2024 23:50
-9579475.701511
SANDUSDTM
-8848773.896446
SANDUSDTM
3.2477x2.9954x
08/17/2024 23:50
-9854787.736362
SANDUSDTM
-9579475.701511
SANDUSDTM
3.0862x2.995x
08/16/2024 23:50
-10079128.107185
SANDUSDTM
-9854787.736362
SANDUSDTM
3.0683x2.9954x
08/15/2024 23:50
-8955024.517363
SANDUSDTM
-10079128.107185
SANDUSDTM
2.6654x3x
08/14/2024 23:50
-7653752.376497
SANDUSDTM
-8955024.517363
SANDUSDTM
2.5641x3.0017x
08/13/2024 23:50
-7947740.502511
SANDUSDTM
-7653752.376497
SANDUSDTM
3.1152x3.0042x
08/12/2024 23:50
-9846336.783819
SANDUSDTM
-7947740.502511
SANDUSDTM
3.7167x3.0043x
08/11/2024 23:50
-7395824.50526
SANDUSDTM
-9846336.783819
SANDUSDTM
2.2534x2.9996x
08/10/2024 23:50
-8256582.745574
SANDUSDTM
-7395824.50526
SANDUSDTM
3.3492x3.3486x
08/09/2024 23:50
-7922889.412393
SANDUSDTM
-8256582.745574
SANDUSDTM
2.8788x3.0066x