ETHBEAR1X inverses Ethereum price change by one time. If Ethereum drops 5% in price, ETHBEAR1X goes up 5%. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 1x short.

The shorted asset is swapped to stablecoins. The process is repeated until the target short leverage is achieved

Toros leverage tokens are best used for short term directional upside. Single direction movements can exceed returns compared to typical perp leverage products. This is because Toros increases leverage as its price increases, to maintain the leverage range. Toros uses AAVE to manage debt leverage positions.

All Toros leverage tokens have built-in protection against downside liquidation. For example, if you had held a typical -2X ETH Short perp from March to May 2021, you would have been liquidated several times over as ETH went up in price. Holding the Toros Ethereum Bear -2X however, would have protected you from liquidation. This is because Toros rebalances on price movements to maintain the leverage range. When a Toros token decreases in value, its leverage also decreases.

In sideways (up-down) markets, Toros pools can underperform typical leverage products. This is known as Volatility Decay. Toros pools work similarly to Leveraged ETFs. They maintain a leverage range by rebalancing AAVE debt. Volatility decay occurs through rebalancing, rebalance fee, and debt interest. Toros pools are therefore intended for short term directional bets for best results.

ETHBEAR2X inverses Ethereum price change by two times. If Ethereum drops 5% in price, ETHBEAR2X goes up 10%. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a normal 2x short.

ETHBULL3X amplifies Ethereum price change by three times. If Ethereum climbs 5% in price, ETHBULL3X goes up 15%. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 3x long.

Stablecoins are swapped to the deposit asset. The process is repeated until the target leverage is achieved

BTCBEAR1X inverses Bitcoin price change by one time. If Bitcoin drops 5% in price, BTCBEAR1X goes up 5% in price. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 1x short.

BTCBEAR2X inverses Bitcoin price change by two times. If Bitcoin drops 5% in price, BTCBEAR2X goes up 10% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 2x short.

BTCBULL3X amplifies Bitcoin price change by three times. If Bitcoin climbs 5% in price, BTCBULL3X goes up 15% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 3x long.

MATICBEAR1X inverses MATIC price change by one time. If MATIC drops 5% in price, MATICBEAR1X goes up 5% in price. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 1x short.

MATICBULL2X amplifies MATIC price change by two times. If MATIC climbs 5% in price, MATICBULL2X goes up 10% in price. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 2x long.

Leverage Category

Leverage tokens are a perpetual leverage position on a token. Leverage tokens aim to achieve constant leverage and never liquidate.

Available categories

Toros Leverage vaults

Ethereum Bear 1X

Ethereum Bear 2X

Ethereum Bull 3X

Bitcoin Bear 1X

Bitcoin Bear 2X

Bitcoin Bull 3X

MATIC Bear 1X

MATIC Bull 2X