I don't think there's a liquidation because it's a token, not a currency. For example, if you buy with ten thousand dollars at a price of one dollar or two dollars and hold it until it reaches forty dollars, you will have four hundred thousand dollars in your account.
#COAI3L $50 will give you 100K of Coai3l does this means when it reach $1like last time, my value will be $100k Please help me if i am wrong. Also, does the 3L and 3S disappeara timely like option trade or what?? #COAI
Leveraged tokens are similar to ETF products in TradFi. When trading leveraged tokens, there is no need to pay any Margin; you can achieve the goal of Margin Trading simply by buying and selling coins. The net value of ETF products follows the rise and fall of the underlying coin type with a 3x/5x increase or decrease. For more details, please refer to the help center: https://www.gateex.cc/zh/help/trade/leverage_tokens