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Cardano 3x Long ETF

Cardano 3x Long ETF ADA3L Price N/A

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ADA3L Price

N/A

General Info

Tags (Sub-Categories):

#Inactive

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Description

ADA3S is a Cardano 3 times short leverage ETF traded on MXC Exchange

Cardano 3x Long ETF (ADA3L) Chart

The Cardano 3x Long ETF to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Additional Data

Listing Date

13 Mar 2020

All Time High

$ 41.71

27 Feb 2021


All Time Low

$ 0.00329

17 Aug 2023

What is Cardano 3x Long ETF (ADA3L)?

It is a product that tracks the yield rate of underlying assets with 3 times. Using BTC3L as an example, for every 1% BTC goes up in a day, BTC3L goes up 3%; for every 1% BTC goes down, BTC3L goes down 3%.

Leverage ETF is a perpetual product that has no settlement day. Theoretically, its price won''t totally reach zero, so it has no liquidation risks. Traders may buy/sell ETF at the secondary market at any time with no margin.

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