Gate.io launches 3 X Leveraged ETF products for LINK, TRX, ATOM, DOT and SUSHI.
LINK3L and LINK3S are 3X leveraged LINK ETF, L indicating long position and S indicating short position. The rise and fall range is about 3 times of that at Link spot market.
TRX 3L and TRX 3S are 3X leveraged TRX ETF, L indicating long position and S indicating short position. The rise and fall range is about 3 times of that at TRX spot market.
ATOM 3L and ATOM 3S are 3X leveraged ATOM ETF, L indicating long position and S indicating short position. The rise and fall range is about 3 times of that at ATOM spot market.
DOT 3L and DOT 3S are 3X leveraged DOT ETF, L indicating long position and S indicating short position. The rise and fall range is about 3 times of that at DOT spot market.
SUSHI 3L and SUSHI3S are 3X leveraged SUSHI ETF, L indicating long position and S indicating short position. The rise and fall range is about 3 times of that at SUSHI spot market.
About Leveraged ETF
The leveraged ETF product re-balances to 3X leverage every day following profit and loss. Profit will be used to expand position while the loss will lead to contract position.
When trading with ETFs, you do not have to pay margin, you can simply buy and sell it to enjoy leveraged exposure. ETF products are managed and hedged at perpetual contract market. We charge 0.1% management fee daily to compensate for the funding payment and trading fee incur at perpetual contract markets. No extra funding fee is charged. By optimizing the fund management, the cost and risks for you to get leveraged exposure are significantly reduced.
Please note, 3X leveraged ETF does not mean that the price should be 3 time of the underlying coin. The ETF price is related to its profit and loss following the market price changes. Please pay attention to the net value displaying to you when trading. Leveraged ETF is highly volatile and is of high risk. Please trade within your financial capacity.
Trade LINK3L at https://www.gate.io/trade/LINK3L_USDT
Trade LINK3S at https://www.gate.io/trade/LINK3S_USDT
Trade ATOM3L at https://www.gate.io/trade/ATOM3L_USDT
Trade ATOM3S at https://www.gate.io/trade/ATOM3S_USDT
Trade TRX3L at https://www.gate.io/trade/TRX3L_USDT
Trade TRX3S at https://www.gate.io/trade/TRX3S_USDT
Trade DOT3L at https://www.gate.io/trade/DOT3L_USDT
Trade DOT3S at https://www.gate.io/trade/DOT3S_USDT
Trade SUSHI3L at https://www.gate.io/trade/SUSHI3L_USDT
Trade SUSHI3S at https://www.gate.io/trade/SUSHI3S_USDT
Risk Warning:
Digital currency price is of high volatility, which is even more dramatic for 3X leveraged ETF products. Therefore there is risk to suffer amplified loss. Please fully understand the product and risks involves before trading. Further more, the change of ETF product is not always about 3 times of the change of underlying over a certain time span as the result of scheduled or irregular re-balancing. ETF product is hedged at perpetual contract market, the profit will expand the position and the loss will contract the position. The product re balances every day to back to 3 times leverage, which will incur greater friction at swinging market. Due to the re balancing mechanism and the holding cost,the ETF is not suitable for long term holding. It has greater fluctuation and higher risk. Please be cautious. For more details, please read instructions of Leveraged ETF on Help Center.
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