Ethereum Bear 1X

Ethereum Bull 2X

Staked Ethereum Bull 2X

Ethereum Yield

Solana Bull 3X

Stablecoin Yield

Bitcoin Bull 3X

Bitcoin Bear 1X

Flat Money DHT Staking Vault

Staked Ethereum Bull 4X

Flat Money Early Depositor Vault

Synthetix USDC Yield

Bitcoin Bull 2X

USD Market Neutral Yield

Staked Ethereum Bull 3X

Bitcoin Bull 4X

Ethereum Bull 3X

Sui Bull 2X

Dogecoin Bull 2X

Solana Bull 2X

Perpetual Delta Neutral Yield

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.

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.

BTCBULL2X amplifies Bitcoin price change by two times. If Bitcoin climbs 5% in price, BTCBULL2X goes up 10% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 2x long.

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.

ETHBULL2X amplifies Ethereum price change by two times. If Ethereum climbs 5% in price, ETHBULL2X goes up 10%. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 2x long.

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.

SOLBULL2X amplifies Solana price change by two times. If Solana climbs 5% in price, SOLBULL2X goes up 10%. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 2x long.

SOLBULL3X amplifies Solana price change by three times. If Solana climbs 5% in price, SOLBULL3X goes up 15%. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 3x long.

BTCBULL4X amplifies Bitcoin price change by four times. If Bitcoin climbs 5% in price, BTCBULL4X goes up 20% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 4x long.

STETHBULL2X amplifies Staked Ethereum price change by two times. If Staked Ethereum climbs 5% in price, STETHBULL2X goes up 10% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 2x long.

STETHBULL3X amplifies Staked Ethereum price change by three times. If Staked Ethereum climbs 5% in price, STETHBULL3X goes up 15% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 3x long.

STETHBULL4X amplifies Staked Ethereum price change by four times. If Staked Ethereum climbs 5% in price, STETHBULL4X goes up 20% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 4x long.

SUIBULL2X amplifies Sui price change by two times. If Sui climbs 5% in price, SUIBULL2X goes up 10% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 2x long.

DOGEBULL2X amplifies Dogecoin price change by two times. If Dogecoin climbs 5% in price, DOGEBULL2X goes up 10% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 2x long.

Polygon Bull 2X

Polygon Bear 1X

Risk-Managed Yield

SNX Debt Mirror

Chainlink Bear 1X

Chainlink Bull 2X

Bitcoin Surge

Bitcoin Yield

Bitcoin Bear 2X

Ethereum Surge

ETH Managed Liquidity

Ethereum Bear 2X

dHEDGE Stablecoin Yield

Ethereum-Gold Index

Tether Bear

Swell USD delta neutral

Singularity Early Depositor

Synthetix ARB Yield

Synthetix USD Yield

Synthetix ETH Yield

Deposits are added to Aave and wound up to target leverage

Actual leverage is monitored within target range

If leverage goes outside of the target range, it's rebalanced to enter the edge of the target range again

Because of the constant re-leveraging, when price of the underlying keeps moving in one direction this token moves exponentially

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.

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. Volatility decay occurs through rebalancing and rebalance fee. Additional decay is also caused by borrowing rates. Toros pools are therefore intended for short term directional bets for best results.

Deposits are added to Synthetix perps at the target leverage

Actual leverage is monitored within the target range

If leverage goes outside the target range, it’s rebalanced back to the target leverage

Because of the constant re-leverage, when price keeps moving in one direction, it acts like a power perpetual

Deposits are added to Flat Money at the target leverage

This token amplifies yield on ETH, either by directly providing liquidity or by strategically leveraging borrowed assets for profit.

ETHy generates yield on Ethereum using DeFi tools.

Depending on the opportunities, different strategies will be used to generate yield.

In one strategy, the yield on ETH is generated by providing liquidity on exchanges with a pair pegged to ETH.

In a second strategy, the yield on ETH is generated by borrowing any crypto asset and depositing it into liquidity that produces more profit than the cost to borrow.

USD Perp Liquidity Yield generates yield by providing liquidity to Perp DEXes to earn trading and liquidation fees. Vault may experience slight market exposure from being the counterparty to perps traders, but should earn over time.

Vault deposits to Perp DEXes for liquidity

Market skew and debt is monitored and managed

The USDpy token elegantly amplifies yield on USD, harnessing the funding accrued from perpetual trading arenas.

USDpy generates yield by shorting an asset on a perps market with a favorable funding rate, while holding that asset in spot or yield to be delta neutral against USD.

This asset performs best when many are going long on the underlying asset, as traders pay the short market in funding rate.

When the funding rate is unfavorable, leverage is reduced to limit losses on yield.

The USDmny token leverages stablecoin collateral to consistently generate profits. By thoughtfully borrowing against collateral, it ensures steady yield, uninfluenced by the market's whims.

This strategy earns yield on USD by having exposure to and hedging against crypto assets.

Assets are borrowed from Aave and used to earn yield. The yield on USD is the difference between asset yield and debt yield.

Assets are hedged to be market-neutral, removing exposure to price volatility.

Positions and debt reblance depending on market volatility.

This USD yield token seeks to tap into Networks' best and safest stablecoin opportunities. Should better earning chances emerge, the vault will adapt to ensure consistent, long-term growth.

Deposits are utilized in the active strategy.

The strategy is switched when better opportunities arise.

Name	Leverage	OI Notional	TVL	Depositors	Volume
Bitcoin Bull 3X BTCBULL3X	- 2.7x ~ 3.3x	$20M	$6.65M	5164	$242.02M
Bitcoin Bull 3X BTCBULL3X	- 2.7x ~ 3.3x	$2M	$825.11K	1416	$81.47M
Bitcoin Bull 2X BTCBULL2X	- 1.8x ~ 2.2x	$1M	$736.65K	374	$8.36M
Bitcoin Bull 4X BTCBULL4X	- 3.5x ~ 4.5x	$3M	$688.74K	2039	$330.96M
Ethereum Bull 3X ETHBULL3X	- 2.7x ~ 3.3x	$1M	$493.13K	10463	$226.73M
Solana Bull 2X SOLBULL2X	- 1.8x ~ 2.2x	$963K	$481.35K	3301	$361.46M
Solana Bull 3X SOLBULL3X	- 2.7x ~ 3.3x	$927K	$309.05K	2326	$459.87M
Bitcoin Bull 2X BTCBULL2X	- 1.8x ~ 2.2x	$421K	$210.44K	506	$22.50M
Bitcoin Bull 3X BTCBULL3X	- 2.7x ~ 3.3x	$616K	$205.45K	386	$2.35M
Bitcoin Bull 3X BTCBULL3X	- 2.7x ~ 3.3x	$616K	$205.19K	1117	$44.60M
Bitcoin Bear 1X BTCBEAR1X	- -1.1x ~ -0.9x	$331K	$165.29K	109	$6.00M
Staked Ethereum Bull 4X STETHBULL4X	- 3.5x ~ 4.5x	$597K	$149.16K	514	$9.56M
Sui Bull 2X SUIBULL2X	- 1.7x ~ 2.3x	$192K	$95.76K	525	$9.37M
Ethereum Bull 3X ETHBULL3X	- 2.7x ~ 3.3x	$212K	$70.57K	1893	$37.94M
Ethereum Bull 3X ETHBULL3X	- 2.7x ~ 3.3x	$208K	$69.40K	1561	$52.80M
Ethereum Bull 2X ETHBULL2X	- 1.8x ~ 2.2x	$130K	$64.85K	413	$4.32M
Ethereum Bear 1X ETHBEAR1X	- -1.1x ~ -0.9x	$127K	$63.60K	54	$1.65M
Dogecoin Bull 2X DOGEBULL2X	- 1.7x ~ 2.3x	$109K	$54.28K	240	$3.99M
Ethereum Bull 2X ETHBULL2X	- 1.8x ~ 2.2x	$96K	$47.81K	484	$10.05M
Bitcoin Bull 2X BTCBULL2X	- 1.8x ~ 2.2x	$60K	$29.91K	153	$369.43K
Staked Ethereum Bull 3X STETHBULL3X	- 2.7x ~ 3.3x	$42K	$13.88K	367	$3.40M
Bitcoin Bear 1X BTCBEAR1X	- -1.1x ~ -0.9x	$24K	$12.13K	119	$10.42M
Staked Ethereum Bull 2X STETHBULL2X	- 1.7x ~ 2.3x	$11K	$5.31K	97	$625.52K
Ethereum Bear 1X ETHBEAR1X	- -1.1x ~ -0.9x	$8K	$4.04K	68	$5.60M
Bitcoin Bear 1X BTCBEAR1X	- -1.1x ~ -0.9x	$517	$258.58	11	$17.08K

Stats by Leverage Token

Bitcoin Bull 3X

Bitcoin Bull 3X

Bitcoin Bull 2X

Bitcoin Bull 4X

Ethereum Bull 3X

Solana Bull 2X

Solana Bull 3X

Bitcoin Bull 2X

Bitcoin Bull 3X

Bitcoin Bull 3X

Bitcoin Bear 1X

Staked Ethereum Bull 4X

Sui Bull 2X

Ethereum Bull 3X

Ethereum Bull 3X

Ethereum Bull 2X

Ethereum Bear 1X

Dogecoin Bull 2X

Ethereum Bull 2X

Bitcoin Bull 2X

Staked Ethereum Bull 3X

Bitcoin Bear 1X

Staked Ethereum Bull 2X

Ethereum Bear 1X

Bitcoin Bear 1X