ETH3S
Amun Ether 3x Daily Short Rank 2219
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0 ETH3S
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Amun Ether 3x Daily Short
Amun Ether 3x Daily Short Price $ 8,176.28
$ 8,176.28
Amun Ether 3x Daily Short 24h Vol
$113,481
$113,481
Amun Ether 3x Daily Short Market Cap $0
$0
24h Vol
12 BTC 1 H
0.00 %
24 H
-2.61 %
7 d
0.00 %
Today Amun Ether 3x Daily Short price in US dollars is currently
8,176.28
USD, and if converted to Bitcoin is
0.88385037
BTC. A total of N/A are currently circulating in the Market. Amun Ether 3x Daily Short price is currently experiencing a change of -2.61 %, and check here all cryptocurrency. Over the past 24 hours 0.001 M US dollars Amun Ether 3x Daily Short have been traded on Crypto Exchanges. Get Amun Ether 3x Daily Short's progress by adding it to your favourites and creating a free portfolio.
Full Name
Amun Ether 3x Daily Short
Symbol
ETH3S
Algorithm
ETH Token
BTC Price
0.88385037 BTC
BTC Market
0 BTC
BTC 24h Vol
12 BTC
Total Coins Mined
0 ETH3S
1h
0.00 %
24h
-2.61 %
7d
0.00 %
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Description
Description
ETC3S seeks to maintain notional exposure to -3x of Ether’s daily returns through the use of perpetual swap contracts. This token is priced by aggregating order books from several top crypto derivatives exchanges. When depositing a stablecoin to this smart contract, it goes out and initiates positions in perpetual swap contracts on various exchanges at the best rate. Users can buy this token as a means to get -3x exposure to daily Ether performance.
This token seeks to maintain its target of -3x to the return of Ether on a daily basis. Due to compounding of daily returns, holding periods of greater than 1 day can result in returns that are significantly different.
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