Dear users,

 

211 Leveraged Tokens such as AGLD5S are currently traded on AscendEX with less than 0.1 USDT in share value, meanwhile the Leveraged Tokens such as DOGE3L is traded on on AscendEX with high price in share value, which negatively impact price precision and trading simplicity. To improve users’ experience in trading leveraged tokens, AscendEX will conduct a share merge for 211 Leveraged Tokens such as AGLD5S and a share split the Leveraged Tokens such as DOGE3L at 2:30 p.m. UTC on November.13. After this share merge & split, the number of the leveraged token shares held by users and the unit value per share will change, but the total value of users’ holdings will not change (without considering value changes caused by market fluctuations).

 

1.Below you will find how we will conduct the merge: 

Leveraged Token

Merge Ratio

Net Value（NAV）Change

Positions Change

AGLD5S

100000:1

NAV*100,000

Positions/100,000

DOGE5S

100000:1

NAV*100,000

Positions/100,000

BONK5S

1000:1

NAV*1,000

Positions/1,000

DOGE3S

1000:1

NAV*1,000

Positions/1,000

NEIRO3S

1000:1

NAV*1,000

Positions/1,000

ENA3S

1000:1

NAV*1,000

Positions/1,000

BIGTIME5S

100:1

NAV*100

Positions/100

CELO5S

100:1

NAV*100

Positions/100

SHIB5S

100:1

NAV*100

Positions/100

SUI5S

100:1

NAV*100

Positions/100

ORDI5S

100:1

NAV*100

Positions/100

BOME3S

100:1

NAV*100

Positions/100

ORBS5S

100:1

NAV*100

Positions/100

MEW3S

100:1

NAV*100

Positions/100

LINA5S

100:1

NAV*100

Positions/100

WOO5S

100:1

NAV*100

Positions/100

GALA5S

100:1

NAV*100

Positions/100

TNSR3S

100:1

NAV*100

Positions/100

MAGIC5S

100:1

NAV*100

Positions/100

MEME5S

100:1

NAV*100

Positions/100

ZRX5S

100:1

NAV*100

Positions/100

CELR3S

100:1

NAV*100

Positions/100

APT3S

100:1

NAV*100

Positions/100

CHZ5S

100:1

NAV*100

Positions/100

ADA5S

100:1

NAV*100

Positions/100

HIGH3S

100:1

NAV*100

Positions/100

WLD5S

100:1

NAV*100

Positions/100

W3S

100:1

NAV*100

Positions/100

HOT3S

100:1

NAV*100

Positions/100

APE3S

100:1

NAV*100

Positions/100

APT5S

100:1

NAV*100

Positions/100

CTSI5S

100:1

NAV*100

Positions/100

SOL5S

100:1

NAV*100

Positions/100

SNX3S

100:1

NAV*100

Positions/100

DYDX5S

100:1

NAV*100

Positions/100

BLUR5S

100:1

NAV*100

Positions/100

STX5S

100:1

NAV*100

Positions/100

FXS5S

100:1

NAV*100

Positions/100

LTC5S

100:1

NAV*100

Positions/100

TURBO3S

100:1

NAV*100

Positions/100

OM3S

100:1

NAV*100

Positions/100

SUSHI3S

100:1

NAV*100

Positions/100

WIF3S

100:1

NAV*100

Positions/100

MYRO3S

100:1

NAV*100

Positions/100

ID5S

100:1

NAV*100

Positions/100

EOS5S

100:1

NAV*100

Positions/100

YGG3S

100:1

NAV*100

Positions/100

TRB5S

100:1

NAV*100

Positions/100

SOL3S

100:1

NAV*100

Positions/100

DYM3S

100:1

NAV*100

Positions/100

ONE5S

100:1

NAV*100

Positions/100

C985S

100:1

NAV*100

Positions/100

MOVR3S

100:1

NAV*100

Positions/100

PYTH5S

100:1

NAV*100

Positions/100

IO3S

100:1

NAV*100

Positions/100

NFP3S

100:1

NAV*100

Positions/100

LISTA3S

100:1

NAV*100

Positions/100

XLM5S

100:1

NAV*100

Positions/100

ONDO3S

100:1

NAV*100

Positions/100

RVN5S

100:1

NAV*100

Positions/100

LDO3S

100:1

NAV*100

Positions/100

KAVA3S

100:1

NAV*100

Positions/100

STORJ5S

10:1

NAV*10

Positions/10

KAVA5S

10:1

NAV*10

Positions/10

OMNI3S

10:1

NAV*10

Positions/10

AVAX3S

10:1

NAV*10

Positions/10

CELO3S

10:1

NAV*10

Positions/10

LINK5S

10:1

NAV*10

Positions/10

ACH3S

10:1

NAV*10

Positions/10

AXS5S

10:1

NAV*10

Positions/10

ARKM3S

10:1

NAV*10

Positions/10

MKR5S

10:1

NAV*10

Positions/10

PHB3S

10:1

NAV*10

Positions/10

PEPE3S

10:1

NAV*10

Positions/10

MINA5S

10:1

NAV*10

Positions/10

SNX5S

10:1

NAV*10

Positions/10

DOT5S

10:1

NAV*10

Positions/10

LRC5S

10:1

NAV*10

Positions/10

SHIB3S

10:1

NAV*10

Positions/10

LUNC3S

10:1

NAV*10

Positions/10

SKL3S

10:1

NAV*10

Positions/10

INJ5S

10:1

NAV*10

Positions/10

THETA5S

10:1

NAV*10

Positions/10

CYBER3S

10:1

NAV*10

Positions/10

XVS3S

10:1

NAV*10

Positions/10

ZEC5S

10:1

NAV*10

Positions/10

RENDER3S

10:1

NAV*10

Positions/10

XLM3S

10:1

NAV*10

Positions/10

JTO3S

10:1

NAV*10

Positions/10

VET3S

10:1

NAV*10

Positions/10

SXP5S

10:1

NAV*10

Positions/10

GMX3S

10:1

NAV*10

Positions/10

ETH3S

10:1

NAV*10

Positions/10

MANA3S

10:1

NAV*10

Positions/10

ENS5S

10:1

NAV*10

Positions/10

THETA3S

10:1

NAV*10

Positions/10

ETC5S

10:1

NAV*10

Positions/10

GMT3S

10:1

NAV*10

Positions/10

BANANA3S

10:1

NAV*10

Positions/10

OP3S

10:1

NAV*10

Positions/10

SAND5S

10:1

NAV*10

Positions/10

BNB3S

10:1

NAV*10

Positions/10

GOAT3S

10:1

NAV*10

Positions/10

XMR5S

10:1

NAV*10

Positions/10

CFX5S

10:1

NAV*10

Positions/10

HOT5S

10:1

NAV*10

Positions/10

FLOKI3S

10:1

NAV*10

Positions/10

MOODENG3S

10:1

NAV*10

Positions/10

RUNE3S

10:1

NAV*10

Positions/10

NOT3S

10:1

NAV*10

Positions/10

SSV3S

10:1

NAV*10

Positions/10

RONIN3S

10:1

NAV*10

Positions/10

ZK3S

10:1

NAV*10

Positions/10

RUNE5S

10:1

NAV*10

Positions/10

METIS3S

10:1

NAV*10

Positions/10

AVAX5S

10:1

NAV*10

Positions/10

RDNT5S

10:1

NAV*10

Positions/10

API33S

10:1

NAV*10

Positions/10

ICX5S

10:1

NAV*10

Positions/10

RLC3S

10:1

NAV*10

Positions/10

ETHFI3S

10:1

NAV*10

Positions/10

GAS3S

10:1

NAV*10

Positions/10

HBAR3S

10:1

NAV*10

Positions/10

BOND5S

10:1

NAV*10

Positions/10

1INCH3S

10:1

NAV*10

Positions/10

ACH5S

10:1

NAV*10

Positions/10

XRP5S

10:1

NAV*10

Positions/10

PENDLE3S

10:1

NAV*10

Positions/10

MANTA3S

10:1

NAV*10

Positions/10

ALPHA5S

10:1

NAV*10

Positions/10

SATS5L

100:1

NAV*100

Positions/100

TRB5L

100:1

NAV*100

Positions/100

KEY5L

100:1

NAV*100

Positions/100

AR5L

100:1

NAV*100

Positions/100

ACE5L

100:1

NAV*100

Positions/100

MEME5L

100:1

NAV*100

Positions/100

MAV5L

100:1

NAV*100

Positions/100

LPT5L

100:1

NAV*100

Positions/100

LDO5L

100:1

NAV*100

Positions/100

THETA5L

100:1

NAV*100

Positions/100

LOOM5L

100:1

NAV*100

Positions/100

RATS3L

100:1

NAV*100

Positions/100

MKR5L

100:1

NAV*100

Positions/100

HOOK5L

100:1

NAV*100

Positions/100

BIGTIME5L

100:1

NAV*100

Positions/100

LINA5L

100:1

NAV*100

Positions/100

HOT5L

100:1

NAV*100

Positions/100

MAV3L

100:1

NAV*100

Positions/100

ENS5L

100:1

NAV*100

Positions/100

NEAR5L

100:1

NAV*100

Positions/100

WOO5L

100:1

NAV*100

Positions/100

ILV5L

100:1

NAV*100

Positions/100

CELR5L

100:1

NAV*100

Positions/100

ORDI5L

100:1

NAV*100

Positions/100

REN5L

100:1

NAV*100

Positions/100

TOKEN5L

100:1

NAV*100

Positions/100

AR3L

100:1

NAV*100

Positions/100

BAL5L

100:1

NAV*100

Positions/100

BLZ3L

100:1

NAV*100

Positions/100

SXP5L

100:1

NAV*100

Positions/100

TIA5L

100:1

NAV*100

Positions/100

XMR5L

100:1

NAV*100

Positions/100

ZIL5L

100:1

NAV*100

Positions/100

C985L

100:1

NAV*100

Positions/100

BEAMX5L

100:1

NAV*100

Positions/100

KAVA5L

100:1

NAV*100

Positions/100

ALT3L

100:1

NAV*100

Positions/100

AMB3L

100:1

NAV*100

Positions/100

RVN5L

100:1

NAV*100

Positions/100

ATOM5L

100:1

NAV*100

Positions/100

CRV5L

100:1

NAV*100

Positions/100

BOND5L

100:1

NAV*100

Positions/100

BAND5L

100:1

NAV*100

Positions/100

CATI3L

100:1

NAV*100

Positions/100

SFP3L

100:1

NAV*100

Positions/100

ARB5L

10:1

NAV*10

Positions/10

MAVIA3L

10:1

NAV*10

Positions/10

STORJ5L

10:1

NAV*10

Positions/10

ACH5L

10:1

NAV*10

Positions/10

FIL5L

10:1

NAV*10

Positions/10

API33L

10:1

NAV*10

Positions/10

BLUR5L

10:1

NAV*10

Positions/10

BAKE3L

10:1

NAV*10

Positions/10

DYDX5L

10:1

NAV*10

Positions/10

PYTH5L

10:1

NAV*10

Positions/10

PEOPLE5L

10:1

NAV*10

Positions/10

LUNC5L

10:1

NAV*10

Positions/10

OMG5L

10:1

NAV*10

Positions/10

MAGIC5L

10:1

NAV*10

Positions/10

RDNT5L

10:1

NAV*10

Positions/10

ONE5L

10:1

NAV*10

Positions/10

IO3L

10:1

NAV*10

Positions/10

AEVO3L

10:1

NAV*10

Positions/10

REZ3L

10:1

NAV*10

Positions/10

CHR5L

10:1

NAV*10

Positions/10

GALA5L

10:1

NAV*10

Positions/10

FLM5L

10:1

NAV*10

Positions/10

CTSI5L

10:1

NAV*10

Positions/10

SSV5L

10:1

NAV*10

Positions/10

MKR3L

10:1

NAV*10

Positions/10

ETC5L

10:1

NAV*10

Positions/10

FLOW5L

10:1

NAV*10

Positions/10

ALPHA5L

10:1

NAV*10

Positions/10

PEOPLE3L

10:1

NAV*10

Positions/10

CFX5L

10:1

NAV*10

Positions/10

MAGIC3L

10:1

NAV*10

Positions/10

KAVA3L

10:1

NAV*10

Positions/10

STX5L

10:1

NAV*10

Positions/10

QNT5L

10:1

NAV*10

Positions/10

LEVER3L

10:1

NAV*10

Positions/10

KSM3L

10:1

NAV*10

Positions/10

 

2.Below you will find how we will conduct the split: 

Leveraged Token

Split Ratio

Net Value（NAV）Change

Positions Change

DOGE3L

1:10

NAV/10

Positions*10

 

Notes：

1. The net value during the merge & split will be the basis for net value calculation.

2. The name, abbreviation and trading pairs of the leveraged token shares will remain the same after the merge & split .

3. Before the merge & split , AscendEX will temporarily suspend these leveraged token trading markets and cancel any open orders.

4. After the merge & split are completed, AscendEX will resume these leveraged token trading markets. Please note, the price will fluctuate around the new unit value after the split. Users should pay close attention when placing their orders.

5. As the net value of leveraged products is highly volatile, it’s possible that some of the above leveraged products may not be conducted a share merge & split . AscendEX will reserve the right at any time in its sole discretion to modify, change or cancel the merge & split for any reason.

 

Please read FAQs on AscendEX Leveraged Tokens to learn more.

 

Risk Disclosure: Leveraged tokens are a type of high-risk financial derivative. Please be sure to have a full understanding of the products, as well as the rebalancing mechanism, holding costs and other basic principles before trading. The above information is not investment advice. Investors should be cautious and pay attention to risk management while trading.

 

Upon the share merge & split finished, AscendEX will resume the above leveraged token's trading immediately, and no further announcement will be made. 

 

Thank you for your continued support!

 

The AscendEX Team

 

Website: https://ascendex.com

Twitter: https://twitter.com/ETF_Options

Telegram Group: https://t.me/AscendEX_Leveraged_Tokens