Gate.io Leveraged Tokens are a kind of by-product that present leveraged publicity to the underlying asset.
Leveraged tokens might be traded on the spot market however will transfer based on its leverage 3x-5x occasions the spot market. Much like the opposite buying and selling websites, every leveraged token represents a basket of perpetual contract positions.
The value of a leveraged token strikes together with value adjustments within the perpetual contract market, and the leverage degree strikes up and down accordingly. If you find yourself investing in them, you have to know the advantages and potential dangers of this product.