$PIPPIN3S What the heck! Why is the main token dropping, and S is also dropping???? Gate, explain!!!

PIPPIN3S59,35%
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irwin1210vip
· 22h ago
coward
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Youyivip
· 23h ago
Dear user, hello. The underlying nature of ETFs is contract trading, which reflects the rise and fall of the contract market. The characteristics of ETF products mean that volatile markets can cause wear and tear. ETF products also have a rebalancing mechanism. When the underlying positions change, there may be mismatches in the corresponding price movements. The platform will perform occasional and scheduled rebalancing. When price fluctuations are too large or at 0:00 daily, the leverage multiplier will be fixed back to 3x or 5x leverage. For more information on ETF price movements, you can click the link to view: https://www.gate.io/zh/help/trade/leverage_tokens/17369 https://www.gate.io/zh/help/trade/leverage_tokens/17343/about-leveraged-tokens
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