$PIPPIN3S Spot has dropped 16 points. Shouldn't 3s have risen 48 points? Why is it only 24? Were the other 24 taken by the Sesame platform? @Sesame Customer Service

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SmallBerryvip
· 02-27 08:59
Hello, 3x or 5x leveraged ETF products can increase price volatility, bringing greater profit and loss risks. Please make sure to understand thoroughly and participate cautiously. Due to the existence of scheduled rebalancing and temporary rebalancing, the price fluctuations over a period of time do not always match the target leverage multiple. ETF products hedge through the perpetual contract market; profits are used to open positions, losses reduce positions, and leverage is adjusted daily to return to the target leverage multiple. This process can cause significant wear in markets with repeated price fluctuations. Due to the rebalancing mechanism and holding costs, leveraged ETFs are not suitable for long-term holding. ETF products have large price swings and high risks, so please participate cautiously. For specific details, you can refer to https://www.gate.com/zhhelp/trade/leverage_tokens. If you have further questions, you can also consult our customer service chat.
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