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GateUser-c468c93a

#DOGE5L this current gearing ratio is changing every minute but it’s never up to 5. it’s somewhere between 2-4. why that? can support explain this?

DOGE5L20.75%
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PurpleQiComesFromThe
· 2024-12-24 01:08
pro take me ?
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Youyi
· 2024-12-21 12:58
Dear user, the underlying nature of ETF is Futures Trading, which tracks the rise and fall of the futures market. ETF products also have a positioning mechanism. When the underlying Position changes, there may be a mismatch in the corresponding rise and fall. The platform will periodically rebalance and re-balance when the rise and fall are too large or fix the leverage multiple to 3 times or 5 times leverage at 00:00 every day. For more information on the rise and fall of ETF products, you can click on the link to view: https://www.gate.io/zh/help/trade/leverage_tokens/17369 https://www.gate.io/zh/help/trade/leverage_tokens/17343/about-leveraged-tokens
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