Market fluctuations, in the past 1h, the entire network got liquidated $10 billion.

According to Coinglass data, the recent short-term crash has led to a total of 406,147 people being Get Liquidated globally in the last 24 hours, with a total liquidation amount reaching $1.7 billion. In the last hour alone, the liquidation amount reached $1 billion.

In the face of such short-term extreme market conditions (price plummeting within 5 minutes), many users are unable to manage their position risks in time, resulting in a series of Get Liquidated.
In addition to setting stop-loss and take-profit orders in advance, users can also consider ETF leveraged tokens to mitigate such risks.

Gate ETF leveraged tokens use a floating leverage design, similar to "smart fund manager", providing professional-level asset management services to users 24/7!

An example to understand why leveraged tokens can avoid getting liquidated👇

The user wants to go long on BTC with 5x leverage, and can buy BTC5L (5x long BTC leveraged token) for 100 USDT. The underlying of this product will use this 100 USDT as margin to open a long position worth 500 USDT in the perpetual contract market.

📈 If the BTC price increases by 10%:

The underlying contract position has a profit of 50 USDT (500 * 10%), and the total assets at this time are 150 USDT.
The system will automatically use this portion of the profit to open a new long position worth 750 USDT (150 * 5) to maintain a 5x leverage (750/150=5x).

📉 If the BTC price drops by 10%:

The underlying contract position has lost 50 USDT (500 * 10%), and at this point, the total assets have shrunk to 50 USDT.
The system will forcibly close part of the positions, reducing the position value to 250 USDT (50 * 5) to maintain 5x leverage (250/50=5x) and avoid getting liquidated.

In a volatile market, it retains the protective function of "reducing positions and lowering leverage" during losses, while also balancing the offensive function of "increasing positions and raising leverage" during rebounds, helping users achieve a faster turnaround from losses to profits.

👉 https://www.gate.com/etf

⚠️ Risk Warning: Leverage can amplify gains/losses, please allocate reasonably based on your own risk tolerance. The above content is for reference only and should not be considered as investment advice. You can refer to more information to make informed investment decisions.