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SOLBEAR1X

Solana Bear 1X

$0.4377
▲ 1.51% 1W
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Current Multiplier
-
Range: -1.1x ~ -0.9x
OI Notional: $3,949
Decay
1.5%
Based on past month

SOLBEAR1X inverses Solana price change by one time. If Solana drops 5% in price, SOLBEAR1X goes up 5% in price. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 1x short.

Actual leverage is monitored within target range

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

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

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To learn more about how leveraged tokens workread our docs.