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Amun Bitcoin 3x Daily Short (BTC3S)
BTC3S
1 Amun Bitcoin 3x Daily Short (BTC3S) Rank 2525
$0.054389
Buy / Sell
Amun Bitcoin 3x Daily Short (BTC3S) Rank 2525
Website
0 BTC3S
Buy / Sell
Get Wallet
Amun Bitcoin 3x Daily Short (BTC3S) Price $0.05
$0.05
Amun Bitcoin 3x Daily Short (BTC3S) 24h Vol
$19,515,472
$19,515,472
Amun Bitcoin 3x Daily Short (BTC3S) Market Cap $0
$0
Amun Bitcoin 3x Daily Short (BTC3S) Circulating 0
0
Full Name
Amun Bitcoin 3x Daily Short (BTC3S)
Symbol
BTC3S
Algorithm
ETH Token
BTC Price
0.00000097 BTC
BTC Market
0 BTC
BTC 24h Vol
349 BTC
Total Coins Mined
0 BTC3S
1h
-0.8 %
24h
9.45 %
7d
-32.29 %
Description
BTC3S seeks to maintain notional exposure to -3x of Bitcoin’s daily returns through the use of perpetual swap contracts. This token is priced by aggregating order books from several top crypto derivatives exchanges. When depositing a stablecoin to this smart contract, it goes out and initiates positions in perpetual swap contracts on various exchanges at the best rate. Users can buy this token as a means to get -3x exposure to daily Bitcoin performance.
This token seeks to maintain its target of -3x to the return of Bitcoin on a daily basis. Due to compounding of daily returns, holding periods of greater than 1 day can result in returns that are significantly different.
| Full Name | Amun Bitcoin 3x Daily Short (BTC3S) |
|---|---|
| Start Date | N/A |
| Algorithm | ETH Token |
| Proof Type | N/A |
| Website | amun.com/tokens/btc3s/ |
| N/A | |
| N/A | |
| N/A | |
| Block Number | N/A |
| Block Time | N/A |
| Block Reward | N/A |
| Total Coins Mined | N/A |
| Previous Total Coins Mined | N/A |
| Net Hashes Per Second | N/A |
Amun Bitcoin 3x Daily Short (BTC3S) News
