BTC3S
Amun Bitcoin 3x Daily Short Rank 2539
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0 BTC3S
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Amun Bitcoin 3x Daily Short
Amun Bitcoin 3x Daily Short Price $ 10,098.22
$ 10,098.22
Amun Bitcoin 3x Daily Short 24h Vol
$77
$77
Amun Bitcoin 3x Daily Short Market Cap $0
$0
24h Vol
0 BTC 1 H
0 %
24 H
0.1 %
7 d
0 %
Today Amun Bitcoin 3x Daily Short price in US dollars is currently
10,098.22
USD, and if converted to Bitcoin is
1.09
BTC. A total of N/A are currently circulating in the Market. Amun Bitcoin 3x Daily Short price is currently experiencing a change of 0.1 %, and check here all cryptocurrency. Over the past 24 hours 0.000 M US dollars Amun Bitcoin 3x Daily Short have been traded on Crypto Exchanges. Get Amun Bitcoin 3x Daily Short's progress by adding it to your favourites and creating a free portfolio.
Full Name
Amun Bitcoin 3x Daily Short
Symbol
BTC3S
Algorithm
ETH Token
BTC Price
1.09 BTC
BTC Market
0 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
0 BTC3S
1h
0 %
24h
0.1 %
7d
0 %
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Description
Description
BTC3S 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 -3x 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.
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