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.

Cardano 3x Short ETF

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

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Cardano 3x Short ETF ADA3S

Historical Data for Cardano 3x Short ETF