Amun Bitcoin 3x Daily Long Rank 2525
$9940.994459
Amun Bitcoin 3x Daily Long Rank 2525
Website
0 BTC3L

Amun Bitcoin 3x Daily Long
Amun Bitcoin 3x Daily Long
BTC3L

Amun Bitcoin 3x Daily Long Price
$ 9,940.99

Amun Bitcoin 3x Daily Long 24h Vol
$115

Amun Bitcoin 3x Daily Long Market Cap
$0

24h Vol
0 BTC
1 H
0.00 %
24 H
6.53 %
7 d
2.13 %
Today Amun Bitcoin 3x Daily Long price in US dollars is currently 9,940.99 USD, and if converted to Bitcoin is 1.07 BTC. A total of N/A are currently circulating in the Market. Amun Bitcoin 3x Daily Long price is currently experiencing a change of 6.53 %, and check here all cryptocurrency. Over the past 24 hours 0.000 M US dollars Amun Bitcoin 3x Daily Long have been traded on Crypto Exchanges. Get Amun Bitcoin 3x Daily Long's progress by adding it to your favourites and creating a free portfolio.
Full Name
Amun Bitcoin 3x Daily Long
Symbol
BTC3L
Algorithm
ETH Token
BTC Price
1.07 BTC
BTC Market
0 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
0 BTC3L
1h
0.00 %
24h
6.53 %
7d
2.13 %
Share Amun Bitcoin 3x Daily Long Price



Description

Description


BTC3L seeks to maintain notional exposure to 3x of Bitcoin’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 additional exposure to daily Bitcoin performance.

This token seeks to maintain its target of 3x to the return of Bitcoin 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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