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Gate.io Has Added AVAX Leveraged ETF

2020-09-22 16:35:49Read:19050

Gate.io has added the following AVAX ETFs, AVAX3L and AVAXI3S. AVAX3L is long position while AVAX3S is short position, which track the price change range of AVAX and changes about 3 times that of AVAX spot market.


Trade AVAX3L at https://www.gate.io/trade/AVAX3L_USDT

TradeAVAX3S at https://www.gate.io/trade/AVAX3L_USDT


About Leveraged ETF

The leveraged ETF product re-balances to 3X leverage every day following the profit and loss. Profit will be used to expand position while the loss will lead to decrease the position. When trading with ETFs, you do not have to pay margin, you can simply buy and sell it to enjoy increased exposure like you are trading with leverage. ETF products are managed and hedged at perpetual contract market. We charge 0.1% management fee daily to compensate for the funding payment and trading fee which is incurred at perpetual contract markets. No extra funding fee is charged. By optimizing the fund management, the cost and risks for you to get leveraged exposure are significantly reduced.

Please note, 3X leveraged ETF does not mean that the price should be 3 times of the underlying coin. The ETF price is related to its profit and loss following the market price changes. Please pay attention to the net asset value displaying to you when trading. Leveraged ETFs are highly volatile and are of high risk. Please trade within your financial capacity.



Risk Warning: Digital currency prices are susceptible to high volatility, which is even more tangible for 3X leveraged ETF products. Therefore there is risk to suffer amplified loss. Please fully understand the product and risks involved before trading. Furthermore, the change of an ETF product is not always about 3 times the change of underlying asset over a certain time span as the result of scheduled or irregular re-balancing. ETF product is hedged in perpetual contract market, the profit will expand the position and the loss will decrease the position. The product re balances every day to back to 3 times leverage, which will incur greater friction at a swinging market. Due to the rebalancing mechanism and the holding cost, the ETF is not suitable for long term holding. It has greater fluctuation and higher risk. Please be cautious. For more details, please read instructions of Leveraged ETF at our Help Center.


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Gate.io Team
September 22, 2020



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