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.

ALPHA 3x Short ETF

ALPHA3S is a ALPHA 3 times short leverage ETF traded on MXC Exchange

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ALPHA 3x Short ETF ALPHA3S

ALPHA 3x Short ETF Historical Markets