#XRP5L friends, if this 5l also fails us this time, then we're screwed. Even xrp doesn't move with it. The administrator should explain this to us.

XRP5L-4,7%

XRP-1,1%

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Youyi

· 2025-01-03 23:02

Hello dear user, ETF is essentially Futures Trading, which tracks the price movements of the underlying contract market. ETF products also have a rebalancing mechanism, so when there are changes in the underlying positions, there may be mismatches in the corresponding price movements. The platform will periodically rebalance and fix the leverage multiplier back to 3x or 5x at 00:00 every day or when the price movements are too large. For more information on the price movements of ETF products, you can click on the following links: [link1](https://www.gate.io/en/help/trade/leverage_tokens/17369) [link2](https://www.gate.io/en/help/trade/leverage_tokens/17343/about-leveraged-tokens)

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