ETHDOWN ETHDOWN

1. Summary

Ranks

Liquidity

-

Developer

-

Social

100

Momentum (beta)

0

Stack Rank™

-

Price

$0.02 +8.8%

Market Cap

$0.00 (#12188)

Supply

0.00 /

Tags

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Price
52W High price	$0.49
52W High date	1st Mar 2024 (1 year ago)
All Time High (ATH) Date	20th Jul 2021 (3 years ago)
ATH Price	$10.54
% From ATH	-99.63%
All Time Low (ATL) Date	16th Dec 2024 (5 months ago)
ATL Price	$0.02
% From ATL	77.58%

Supply & Trading Volume
Trading Volume (24h)	$3,240.00

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Description

ETHDOWN is a type of leveraged token designed to generate 1.25x to 4x leveraged gains when the price of Ethereum (ETH) declines. Unlike margin trading, it allows users to gain leveraged exposure without putting up collateral or worrying about liquidation, but still carries risks such as price movements and funding rates. The token's price moves wit...

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ETHDOWN is a type of leveraged token designed to generate 1.25x to 4x leveraged gains when the price of Ethereum (ETH) declines. Unlike margin trading, it allows users to gain leveraged exposure without putting up collateral or worrying about liquidation, but still carries risks such as price movements and funding rates. The token's price moves with the underlying perpetual contract market, and its leverage level adjusts accordingly. Rebalancing occurs as needed, with proprietary algorithms used to maximize correlation with the underlying margin-leveraged position. Users can subscribe or redeem tokens, subject to daily limits and fees, without the risk of liquidation. The token represents a basket of perpetual contract positions and is traded on the spot market.

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