OP, SOL, FTM, SHIB, ATOM, SAND, PEOPLE » CryptoNinjas


AscendEX, a full-stack cryptocurrency exchange platform, has informed completing the addition of 7 new leveraged tokens for trading: OP, SOL, FTM, SHIB, ATOM, SAND, and PEOPLE.

Check below for details of the new tokens:

Leveraged Token3X Leverage Long5X Leverage Long3X Leverage Short5X Leverage Short
OPOP3L/USDTOP3S/USDT
SOLSOL3L/USDTSOL5L/USDTSOL3S/USDTSOL5S/USDT
FTMFTM3L/USDTFTM5L/USDTFTM3S/USDTFTM5S/USDT
SHIBSHIB3L/USDTSHIB5L/USDTSHIB3S/USDTSHIB5S/USDT
ATOMATOM3L/USDTATOM5L/USDTATOM3S/USDTATOM5S/USDT
SANDSAND3L/USDTSAND5L/USDTSAND3S/USDTSAND5S/USDT
PEOPLEPEOPLE3L/USDTPEOPLE5L/USDTPEOPLE3S/USDTPEOPLE5S/USDT

Leveraged tokens offer traders increased exposure to an underlying asset. Leveraged tokens aim to amplify the returns of the underlying asset at a higher ratio such as 2:1, 5:1, etc.

For example, if the asset price increases by 1%, the 2x (2:1) leveraged token would increase by 2%.



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