<p>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%.</p><p>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.</p>

Algorand 3x Short ETF

ALGO3S is an Algorand 3 times short leverage ETF traded on MXC Exchange

Algorand 3x Short ETF [ALGO3S]

Algorand 3x Short ETF Markets

Algorand 3x Short ETF Markets Excluded from the VWAP Index Calculation