2025-02-04 00:36:05

xrppump up more than ten points, while xrp short is also in a loss state. Is there a problem with the backend calculation or is it manipulated? I also hold doge/shib, both up more than five times. Please answer my question, customer service.

XRP-1,18%

DOGE-1,75%

SHIB-1,28%

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Youyi

· 2025-02-04 00:36

Dear user, ETF is essentially Futures Trading, tracking the price movements of the contract market. ETF products also have a rebalancing mechanism. When the underlying Position changes, there may be a mismatch in the corresponding price movements. The platform will periodically rebalance and fix the leverage ratio back to 3x or 5x at 00:00 daily or when the price movements are too large. For more information on ETF price movements, you can click the following links: https://www.gate.io/en/help/trade/leverage_tokens/17369 https://www.gate.io/en/help/trade/leverage_tokens/17343/about-leveraged-tokens

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