#HYPER3S Hello! Based on the questions you reported, we explain the relevant situation to you: as a 3x ETF product, Hyper3S is designed to maintain 3x market volatility of the contract through dynamic position adjustment. When the underlying asset (HyperUSDT) fluctuates significantly, the system will trigger rebalancing actions to maintain the target leverage ratio. We have noticed that the Hyper Contract market has recently experienced significant short term and violent fluctuations, leading to the frequent activation of abnormal position adjustment mechanisms of Hyper3S products. Due to the compounding effect of mixed interests and market volatility, the net value of the 3S products may continue to fall under unilateral market conditions. Especially in short term and severe fluctuations of super contracts, adjusting multiple positions will amplify this effect. This aligns with product design expectations and has been tested and confirmed by the technical team that the system is operating normally. Leveraged ETF tokens are financial derivative instruments and their risk rating is significantly higher than spot trading. Be sure: Read the user guide and risk disclosure documents carefully, fully understand the reset leverage mechanism and volatility loss principles, and trade cautiously based on your risk tolerance.