FTM3LPrice(FTM3L)
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FTM3L (FTM3L) Price information (USD)
The current real-time price of FTM3L is $0.0246. In the past 24 hours, FTM3L has traded between $0.0200 and $0.0200, showing strong market activity. The all-time high of FTM3L is $20.68820, and the all-time low is $0.000001.
From a short-term perspective, the price change of FTM3L over the past 1 hour is
FTM3L (FTM3L) Market Information
FTM3L (FTM3L) Today's Price
The live price of FTM3L today is $0.0246, with a current market cap of --. The 24-hour trading volume is --. The price of FTM3L to USD is updated in real time.
FTM3L (FTM3L) Price History (USD)
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What is FTM3L (FTM3L)?
When is the right time to buy FTM3L? Should I buy or sell FTM3L now?
Before deciding whether to buy or sell FTM3L, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s FTM3L technical analysis can provide you with trading references.
Future price trend of FTM3L
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for FTM3L.
How much will FTM3L be worth tomorrow, next week, or next month in ? What about your FTM3L assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! FTM3L Price Prediction
How to buy FTM3L (FTM3L)
Convert FTM3L to local currency
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FTM3L (FTM3L) FAQ
What is FTM3L (ftm3l)?
FTM3L is a leveraged token designed to provide amplified exposure to the price movements of Fantom (FTM). It typically aims for a 3x long leverage, meaning it seeks to return three times the daily performance of FTM. This is achieved through futures trading and internal rebalancing mechanisms.
How do leveraged tokens like FTM3L work?
Leveraged tokens are financial derivatives offering magnified exposure to an underlying asset's price changes. They do this without requiring users to manage collateral, margin, or face liquidation risks typical of traditional margin trading. They utilize derivatives and internal rebalancing, often daily or during significant market shifts, to maintain their target leverage ratio.
What are the main risks associated with FTM3L?
Leveraged tokens carry significant risks due to their rebalancing mechanism, which can negatively impact their Net Asset Value (NAV) in volatile markets, especially over longer periods. Losses are amplified if the market moves against the leveraged position. While avoiding liquidation, there's a risk of the token's price approaching zero under extreme conditions if the directional judgment is incorrect.
Can FTM3L be held long-term?
It is generally not recommended to hold leveraged tokens like FTM3L for extended periods. Their rebalancing mechanism, particularly in volatile markets, can lead to a phenomenon known as 'volatility decay' or 'wear and tear' on the NAV. These tokens are better suited for short-term trading strategies rather than long-term investment.
What is "rebalancing" and "merging" in the context of FTM3L?
Rebalancing is an automatic process that adjusts the token's underlying exposure to maintain its target leverage ratio (e.g., 3x), occurring daily or during significant market movements. Merging, or consolidation, is when exchanges periodically combine shares of leveraged tokens (e.g., 10,000 FTM3L into 1 FTM3L) to optimize trading and increase the unit price, without changing the total value of a user's holdings.
Where can FTM3L be traded?
FTM3L is traded on various cryptocurrency exchanges that offer leveraged tokens. For instance, it can be found on platforms such as LBank, among others.
