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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.
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
To learn more about how leveraged tokens workread our docs.