Dear users,

 

141 leveraged tokens such as ZEN5S are currently traded on AscendEX with less than 0.1 USDT 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 141 leveraged tokens such as ZEN5S at 2:30 p.m. UTC on January 22. After this share merge, 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). Below you will find how we will conduct the merge: 

Leveraged Token

Merge Ratio

Net Value（NAV）Change

Positions Change

ZEN5S

10000:1

NAV*10,000

Positions/10,000

AGLD5S

1000:1

NAV*1,000

Positions/1,000

ALGO5S

100:1

NAV*100

Positions/100

AAVE5S

100:1

NAV*100

Positions/100

VET5S

100:1

NAV*100

Positions/100

SFP5S

100:1

NAV*100

Positions/100

XRP5S

100:1

NAV*100

Positions/100

SUI5S

100:1

NAV*100

Positions/100

LINK3S

100:1

NAV*100

Positions/100

SAND5S

100:1

NAV*100

Positions/100

OMNI3S

100:1

NAV*100

Positions/100

SOL5S

10:1

NAV*10

Positions/10

HBAR5S

10:1

NAV*10

Positions/10

UNI5S

10:1

NAV*10

Positions/10

MANA5S

10:1

NAV*10

Positions/10

ONE5S

10:1

NAV*10

Positions/10

THETA5S

10:1

NAV*10

Positions/10

ENA3S

10:1

NAV*10

Positions/10

LDO5S

10:1

NAV*10

Positions/10

BTC5S

10:1

NAV*10

Positions/10

ID3S

10:1

NAV*10

Positions/10

SUI3S

10:1

NAV*10

Positions/10

XRP3S

10:1

NAV*10

Positions/10

JTO3S

10:1

NAV*10

Positions/10

ZIL5S

10:1

NAV*10

Positions/10

VET3S

10:1

NAV*10

Positions/10

XMR5S

10:1

NAV*10

Positions/10

AVAX5S

10:1

NAV*10

Positions/10

MOODENG3L

1000:1

NAV*1,000

Positions/1,000

GOAT3L

1000:1

NAV*1,000

Positions/1,000

HIGH5L

1000:1

NAV*1,000

Positions/1,000

ORDI5L

1000:1

NAV*1,000

Positions/1,000

NEIRO3L

1000:1

NAV*1,000

Positions/1,000

MEME5L

1000:1

NAV*1,000

Positions/1,000

MASK5L

1000:1

NAV*1,000

Positions/1,000

PEOPLE5L

1000:1

NAV*1,000

Positions/1,000

BIGTIME5L

1000:1

NAV*1,000

Positions/1,000

KSM5L

1000:1

NAV*1,000

Positions/1,000

RUNE5L

1000:1

NAV*1,000

Positions/1,000

INJ5L

1000:1

NAV*1,000

Positions/1,000

ANKR5L

100:1

NAV*100

Positions/100

CELO5L

100:1

NAV*100

Positions/100

SATS5L

100:1

NAV*100

Positions/100

ACE5L

100:1

NAV*100

Positions/100

TRB5L

100:1

NAV*100

Positions/100

WIF3L

100:1

NAV*100

Positions/100

TIA5L

100:1

NAV*100

Positions/100

SNX5L

100:1

NAV*100

Positions/100

CAKE5L

100:1

NAV*100

Positions/100

STX5L

100:1

NAV*100

Positions/100

ROSE5L

100:1

NAV*100

Positions/100

EGLD5L

100:1

NAV*100

Positions/100

DOGS3L

100:1

NAV*100

Positions/100

BLUR5L

100:1

NAV*100

Positions/100

MYRO3L

100:1

NAV*100

Positions/100

RDNT5L

100:1

NAV*100

Positions/100

APT5L

100:1

NAV*100

Positions/100

TOKEN5L

100:1

NAV*100

Positions/100

PYTH5L

100:1

NAV*100

Positions/100

ZEC5L

100:1

NAV*100

Positions/100

SSV5L

100:1

NAV*100

Positions/100

AR5L

100:1

NAV*100

Positions/100

GRT5L

100:1

NAV*100

Positions/100

ID5L

100:1

NAV*100

Positions/100

ICP5L

100:1

NAV*100

Positions/100

C985L

100:1

NAV*100

Positions/100

CAT3L

100:1

NAV*100

Positions/100

CHZ5L

100:1

NAV*100

Positions/100

1INCH5L

100:1

NAV*100

Positions/100

LUNC5L

100:1

NAV*100

Positions/100

SAND5L

100:1

NAV*100

Positions/100

BCH5L

100:1

NAV*100

Positions/100

DYDX5L

100:1

NAV*100

Positions/100

PEOPLE3L

100:1

NAV*100

Positions/100

MANA5L

100:1

NAV*100

Positions/100

SUSHI5L

100:1

NAV*100

Positions/100

ACH5L

100:1

NAV*100

Positions/100

SHIB5L

100:1

NAV*100

Positions/100

ALPHA5L

100:1

NAV*100

Positions/100

ZRX5L

100:1

NAV*100

Positions/100

STORJ5L

100:1

NAV*100

Positions/100

BAND5L

100:1

NAV*100

Positions/100

STX3L

100:1

NAV*100

Positions/100

LRC5L

100:1

NAV*100

Positions/100

WLD5L

100:1

NAV*100

Positions/100

CHR5L

100:1

NAV*100

Positions/100

NOT3L

100:1

NAV*100

Positions/100

HOOK5L

100:1

NAV*100

Positions/100

WOO5L

100:1

NAV*100

Positions/100

CRV5L

100:1

NAV*100

Positions/100

DYDX3L

100:1

NAV*100

Positions/100

DOT5L

100:1

NAV*100

Positions/100

AVAX5L

100:1

NAV*100

Positions/100

THETA5L

100:1

NAV*100

Positions/100

PENDLE3L

100:1

NAV*100

Positions/100

ARKM3L

100:1

NAV*100

Positions/100

BOME3L

100:1

NAV*100

Positions/100

BONK5L

100:1

NAV*100

Positions/100

NEAR3L

100:1

NAV*100

Positions/100

ONE5L

100:1

NAV*100

Positions/100

ZIL5L

100:1

NAV*100

Positions/100

GALA5L

100:1

NAV*100

Positions/100

ZEN5L

100:1

NAV*100

Positions/100

MASK3L

100:1

NAV*100

Positions/100

LINA5L

100:1

NAV*100

Positions/100

STRK3L

100:1

NAV*100

Positions/100

GMT3L

100:1

NAV*100

Positions/100

CFX5L

100:1

NAV*100

Positions/100

AXS5L

100:1

NAV*100

Positions/100

SEI3L

100:1

NAV*100

Positions/100

ATOM5L

100:1

NAV*100

Positions/100

ETH5L

100:1

NAV*100

Positions/100

ARB5L

10:1

NAV*10

Positions/10

TON3L

10:1

NAV*10

Positions/10

BABYDOGE3L

10:1

NAV*10

Positions/10

PEPE3L

10:1

NAV*10

Positions/10

KAVA5L

10:1

NAV*10

Positions/10

CKB3L

10:1

NAV*10

Positions/10

SNX3L

10:1

NAV*10

Positions/10

LISTA3L

10:1

NAV*10

Positions/10

POWR5L

10:1

NAV*10

Positions/10

YGG3L

10:1

NAV*10

Positions/10

EOS5L

10:1

NAV*10

Positions/10

MKR5L

10:1

NAV*10

Positions/10

EIGEN3L

10:1

NAV*10

Positions/10

FLOW5L

10:1

NAV*10

Positions/10

MANA3L

10:1

NAV*10

Positions/10

FIL5L

10:1

NAV*10

Positions/10

MANTA3L

10:1

NAV*10

Positions/10

BEAMX5L

10:1

NAV*10

Positions/10

ILV5L

10:1

NAV*10

Positions/10

VET5L

10:1

NAV*10

Positions/10

BAND3L

10:1

NAV*10

Positions/10

ID3L

10:1

NAV*10

Positions/10

APT3L

10:1

NAV*10

Positions/10

ZRO3L

10:1

NAV*10

Positions/10

FLOKI3L

10:1

NAV*10

Positions/10

XLM5L

10:1

NAV*10

Positions/10

DOGE5L

10:1

NAV*10

Positions/10

METIS3L

10:1

NAV*10

Positions/10

JUP3L

10:1

NAV*10

Positions/10

Notes：

1. The net value during the merge 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.

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

4. After the reverse split is 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. AscendEX will reserve the right at any time in its sole discretion to modify, change or cancel the merge 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 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