7747 cryptocurrencies
Total Market Cap $1,361.69B
24h Total Volume $28.17B

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Amun Short Bitcoin Token Amun Short Bitcoin Token star

0.00000000 (0.00%)

BTCSHORT is an Ethereum-based inverse token that seeks to provide a notional exposure to the inverse or -1x the daily performance of Bitcoin on any given day. This means that if the price of Bitcoin increases by 5% in a day, BTCSHORT’s price will decrease by 5% in a day (before any fees or expenses are applied). BTCSHORT is strictly not a security, carries many risks, and is not suitable for risk-averse token holders and traders. This type of token is best suited for sophisticated, highly risk-tolerant token holders who understand and are comfortable with taking on the risks inherent to inverse tokens like BTCSHORT and understand the risks associated with holding tokens generally and inverse products in particular.

BTCSHORT offers a notional exposure to -1x the daily performance of Bitcoin. It is crucial that all token holders understand how compounding and the daily rebalancing of the token affects performance, especially in volatile markets. The tokens are designed for holding periods of equal or less than one day and holders need to consider their holdings each day.

Market share 0.00%
Proof type
24h Open $3,250.39
24h Low $3,250.06
24h High $3,250.39
Price in BTC 0.15604411536669 BTC
Current Supply 0 BTCSHORT
Market cap $0
24h Volume (coin) 0 BTCSHORT
24h Volume (currency) $0
24h Total volume (coin) 0 BTCSHORT
24h Total volume (currency) $0.00000000
Last updated 2022-11-07 07:10:17 +00:00 GMT
Date Price Volume

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