为积极响应中国政府监管政策要求,自2021年9月28日起,蜜蜂查block.cc停止为中国大陆用户提供相关服务。蜜蜂查block.cc致力于遵循各国法律法规合法运营,感谢您的支持与理解!
币种: --
交易所: --
总成交额(24h): --
总市值: --
USD

Gate.io Has Added FTX Token (FTT) Leveraged ETFs-Announcements-Gate.io

Gate.io 09-10 09:20 相关币种 FTX 相关类型 其它
Gate.io has added the following ETFs: FTT3L and FTT3S. 3L is a long position while 3S is a short position, which tracks the price change range of the underlying asset and changes with amplified range percentage.



With the updated re-balancing rules, the leveraged ETF product now regularly re-balances to a target leverage (2.3X) if a certain criterion is met at 0:00 UTC+8 on a daily basis; Besides the scheduled re-balancing, when the real-time leverage of the product is larger than 3x, it will re-balance as well.



Below are the new re-balancing rules:



1) Irregular re-balancing: When the real-time leverage is over 3 times, irregular re-balancing will be triggered. The leverage will be adjusted to 2.3 times.

2) Regular re-balancing: Everyday at 0:00 UTC+8, when the real-time leverage is less than 1.8 times or above 3 times; or the underlying asset price changes drastically (e.g. up or down over 1 % on contract index price), regular re-balancing will be triggered to adjust the leverage to 2.3 times.

3) After the upgrade, ETF’s market volatility will decrease and frictions over a longer time will be reduced; but it is far from completely avoiding the long-time frictions. The ETF performs better in a one-sided market as it will use profit to increase position and decrease position when there is a loss, but it is not suitable for long term holding and performs bad in a swinging market.



Trade FTT3L at https://www.gate.io/trade/FTT3L_USDT

Trade FTT3S at https://www.gate.io/trade/FTT3S_USDT



About Leveraged ETF

The leveraged ETF product re-balances to a target leverage if a certain criterion is triggered. When it re-balances, profit will be used to expand the position while the loss will lead to decrease of the position. When trading with ETFs, you do not have to pay a margin. You can simply buy and sell it to enjoy increased exposure like you are trading with leverage. ETF products are managed and hedged in the perpetual contract market. We charge a management fee daily to compensate for the funding payment and trading fee which is incurred at perpetual contract markets. No extra funding fee is charged. By optimizing the fund management, the cost and risks for you to get leveraged exposure are significantly reduced.



Risk Warning

Digital currency prices are susceptible to high volatility, which is even more tangible for the leveraged ETF products. Therefore there is a risk to suffer amplified loss. Please fully understand the product and risks involved before trading. Furthermore, the change of an ETF product is not always about the target times of the underlying asset over a certain time span as the result of scheduled or irregular re-balancing. An ETF product is hedged in a perpetual contract market, the profit will expand the position and the loss will decrease the position, which will incur greater friction in a swinging market. Due to the rebalancing mechanism and the holding cost, the ETF is not suitable for long term holding. It has greater fluctuation and higher risk. Please be cautious. For more details, please read instructions about Leveraged ETFs at our Help Center.



Gate.io is a Cryptocurrency Trading Platform Since 2013


Top ranking, Trustworthy, Transparent





Sign up to enter the crypto gateway and get 40% commission from referrals



Download iOS/Android App right now.





Follow us on social media



Twitter: https://twitter.com/gate_io



Telegram:https://t.me/gateio



Instagram:https://www.instagram.com/gateioglobal



Medium:https://medium.com/@gateio





Gate.io Team



Sep 10, 2021





Gate.io最新公告查看更多

    FTX最新公告查看更多

      其它更多