Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
🔥 Top 5 Most Popular ETF Leveraged Tokens of the Week (7.28-8.03) 🔥
Last week, the crypto market experienced an overall pullback, with major global digital currencies fluctuating downward. Despite the 10th anniversary of ETH last week, it did not lead to significant price volatility. However, market sentiment remains optimistic, as the trading volume and open interest of ETH5L (5x long) reached new highs, indicating that investors still have confidence in ETH's future. At the same time, leveraged products of tokens such as ENA, VINE, and FARTCOIN were actively traded, with both long and short strategies showing impressive performance.
📈 Market Insights
* Unidirectional market compounding effect: Short tokens like VINE3S, FARTCOIN5S amplify returns through "daily rebalancing" in a downtrend.
* Demand for leverage in low volatility: Even when ETH is range-bound, the position of ETH5L is increasing, reflecting investors' layout for potential trends.
🏆 Popular Rankings TOP 5
1️⃣ DOGE5L
2️⃣ ETH5L
3️⃣ ENA3L
4️⃣ VINE3S
5️⃣ FARTCOIN5S
Regarding the compounding effect of ETF leveraged tokens in a one-sided trend market, please click for details.
👉 https://www.gate.com/post/status/12596787
💡 Leveraged tokens offer high returns accompanied by high risks, suitable only for short-term trading and not for long-term holding. Be sure to manage risks before entering!