FTX Leveraged tokens are ERC20 & BEP2 tokens that have leveraged exposure to crypto. Using ETHBULL, a 3x long ETH token as an example, for every 1% ETH goes up in a day, ETHBULL goes up 3%; for every 1% ETH goes down, ETHBULL goes down 3%.
Users can buy leveraged tokens just like normal tokens on a spot market. However, there is no need for them to manage collateral, margin, liquidation prices, or anything that a normal margin user needs to manage.
To learn more about how the FTX leveraged tokens work, please read a detailed guide and walkthrough here: (https://help.ftx.com/hc/en-us/articles/360032509552-Leveraged-Token-Walkthrough)
| 3X Short Ethereum Token Price | $0.813722 USD |
|---|---|
| 3X Short Ethereum Token ROI | -96.97% |
| Market Rank | #2081 |
| Market Cap | No Data |
| 24 Hour Volume | $3,659,149 USD |
| Circulating Supply | No Data |
| Total Supply | 173,633 ETHBEAR |
| Max Supply | No Data |
| All Time High | $93.62 USD (Mar 13, 2020) |
| All Time Low | $0.772988 USD (Jun 01, 2020) |
| 52 Week High / Low | $93.62 USD / $0.772988 USD |
| 90 Day High / Low | $93.62 USD / $0.772988 USD |
| 30 Day High / Low | $2.83 USD / $0.772988 USD |
| 7 Day High / Low | $1.84 USD / $0.772988 USD |
| 24 Hour High / Low | $0.982181 USD / $0.772988 USD |
| Yesterday's High / Low | $1.05 USD / $0.772988 USD |
| Yesterday's Open / Close | $1.04 USD / $0.820040 USD |
| Yesterday's Change | $-0.216522 USD (-20.89%) |
| Yesterday's Volume | $3,947,919 USD |