AscendEX, a plump-stack cryptocurrency replace platform, has told finishing the addition of 7 fresh leveraged tokens for trading: OP, SOL, FTM, SHIB, ATOM, SAND, and PEOPLE.
Look at under for particulars of the fresh tokens:
| Leveraged Token | 3X Leverage Long | 5X Leverage Long | 3X Leverage Quick | 5X Leverage Quick |
| OP | OP3L/USDT | – | OP3S/USDT | – |
| SOL | SOL3L/USDT | SOL5L/USDT | SOL3S/USDT | SOL5S/USDT |
| FTM | FTM3L/USDT | FTM5L/USDT | FTM3S/USDT | FTM5S/USDT |
| SHIB | SHIB3L/USDT | SHIB5L/USDT | SHIB3S/USDT | SHIB5S/USDT |
| ATOM | ATOM3L/USDT | ATOM5L/USDT | ATOM3S/USDT | ATOM5S/USDT |
| SAND | SAND3L/USDT | SAND5L/USDT | SAND3S/USDT | SAND5S/USDT |
| PEOPLE | PEOPLE3L/USDT | PEOPLE5L/USDT | PEOPLE3S/USDT | PEOPLE5S/USDT |
Leveraged tokens provide merchants with increased publicity for an underlying asset. Leveraged tokens aim to construct bigger returns of the underlying asset at a larger ratio such as 2:1, 5:1, etc.
Let’s articulate, that if the asset imprint will enhance by 1%, the 2x (2:1) leveraged token would enhance by 2%.
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