AscendEX, a full-stack cryptocurrency trade platform, has knowledgeable finishing the addition of 7 new leveraged tokens for buying and selling: OP, SOL, FTM, SHIB, ATOM, SAND, and PEOPLE.
Test under for particulars of the brand new tokens:
|Leveraged Token||3X Leverage Lengthy||5X Leverage Lengthy||3X Leverage Brief||5X Leverage Brief|
Leveraged tokens provide merchants elevated publicity to an underlying asset. Leveraged tokens purpose to amplify the returns of the underlying asset at a better ratio similar to 2:1, 5:1, and so on.
For instance, if the asset value will increase by 1%, the 2x (2:1) leveraged token would improve by 2%.