#ETH5L# Brothers, I didn't understand this ETH5L before. Shouldn't its price be directly linked to the ETH price? Why was the price of ETH5L much higher last May when the ETH price was over 3000 USD compared to now when the ETH price is over 4000 USD? Moreover, this ETH5L price rose to several hundred dollars at its peak. If I buy a few thousand dollars now, I could sell it for millions later. This is too ridiculous, I can't make sense of it.

ETH5L-1.4%
ETH-0.27%
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ThereIsWineInTheRivvip
· 09-05 11:14
Understanding people know that the backend cuts off n percentage points, and the values seen are always magnified or reduced, which can explain such differences in point values.
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Xiaojiavip
· 09-03 14:06
Dear users, hello. The ETF leveraged token products are similar to ETF products in traditional finance. When trading ETF leveraged token products, there is no need to pay any margin; you can achieve the purpose of margin trading simply by buying and selling coins. The net value of ETF leveraged token products will rise or fall by 3 times/5 times following the rise or fall of the underlying coin. You can copy the link: https://www.gateex.cc/zh/help/trade/leverage_tokens to see more details~
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