Cryptocurrencies: 4736 / Markets: 33544 Market Cap: 24h Vol:
Amun Bitcoin 3x Daily Long (BTC3L) Rank 2344
$2.977277
Amun Bitcoin 3x Daily Long (BTC3L) Rank 2344
Website
0 BTC3L

Amun Bitcoin 3x Daily Long (BTC3L)
Amun Bitcoin 3x Daily Long (BTC3L)
BTC3L

Amun Bitcoin 3x Daily Long (BTC3L) Price
$2.98

Amun Bitcoin 3x Daily Long (BTC3L) 24h Vol
$12,689,404

Amun Bitcoin 3x Daily Long (BTC3L) Market Cap
$0

Amun Bitcoin 3x Daily Long (BTC3L) Circulating
0

Full Name
Amun Bitcoin 3x Daily Long (BTC3L)
Symbol
BTC3L
Algorithm
ETH Token
BTC Price
0.00016642 BTC
BTC Market
0 BTC
BTC 24h Vol
709 BTC
Total Coins Mined
0 BTC3L
1h
-0.45 %
24h
14.01 %
7d
4.17 %

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.

Full Name Amun Bitcoin 3x Daily Long (BTC3L)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website https://amun.com/tokens/btc3l/
Twitter N/A
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
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