Name: Algorand 3x Long ETF
SKU: ALGO3L
Price: 0.016330876582 USD

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.

Algorand 3x Long ETF

ALGO3L is an Algorand 3 times long leverage ETF traded on MXC Exchange

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Algorand 3x Long ETF ALGO3L

Algorand 3x Long ETF Arbitrage

No arbitrage opportunities