Amun Ether 3x Daily Short Rank 2503
$0.068451
Amun Ether 3x Daily Short Rank 2503
Website
0 ETH3S

Amun Ether 3x Daily Short
Amun Ether 3x Daily Short
ETH3S

Amun Ether 3x Daily Short Price
$0.07

Amun Ether 3x Daily Short 24h Vol
$31,895,047

Amun Ether 3x Daily Short Market Cap
$0

24h Vol
571 BTC
1 H
0.68 %
24 H
8.66 %
7 d
-53.36 %
Today Amun Ether 3x Daily Short price in US dollars is currently 0.0685 USD, and if converted to Bitcoin is 0.00000122 BTC. A total of 0 coin's are currently circulating in the Market. Amun Ether 3x Daily Short prices are currently experiencing a change of 8.66 %, check all cryptocurrency. Over the past 24 hours 0.319 M US dollars Amun Ether 3x Daily Short has been traded on Crypto Exchanges. Get Amun Ether 3x Daily Short's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Amun Ether 3x Daily Short
Symbol
ETH3S
Algorithm
ETH Token
BTC Price
0.00000122 BTC
BTC Market
0 BTC
BTC 24h Vol
571 BTC
Total Coins Mined
0 ETH3S
1h
0.68 %
24h
8.66 %
7d
-53.36 %
Share Amun Ether 3x Daily Short Price



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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