Amun Ether 3x Daily Short star
ETC3S seeks to maintain notional exposure to -3x of Ether’s daily returns through the use of perpetual swap contracts. This token is priced by aggregating order books from several top crypto derivatives exchanges. When depositing a stablecoin to this smart contract, it goes out and initiates positions in perpetual swap contracts on various exchanges at the best rate. Users can buy this token as a means to get -3x exposure to daily Ether performance.
This token seeks to maintain its target of -3x to the return of Ether on a daily basis. Due to compounding of daily returns, holding periods of greater than 1 day can result in returns that are significantly different.
|Price in BTC||0.14402352768348 BTC|
|Current Supply||0 ETH3S|
|24h Volume (coin)||0 ETH3S|
|24h Volume (currency)||$0|
|24h Total volume (coin)||0 ETH3S|
|24h Total volume (currency)||$0.00000000|
|Last updated||2022-11-07 07:10:30 +00:00 GMT|
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