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Buy ETH 2x Flexible Leverage Index with Coinbase Wallet

ETH 2x Flexible Leverage Index can be traded using Coinbase Wallet, your key to the world of crypto.

About ETH 2x Flexible Leverage Index

The platform plans to make leverage effortless for end users by monitoring their leveraged loan 24/7. The platform further helps to ensure that users do not have to manage their liquidation ratio because the FLI automatically manages everything. Thus, the liquidations are reduced even during the black swan events. The platform also takes responsibility for the high fees transactions that are not included in the relative UIs and are not responsive during high volatility.

ETH2x-FLI is the native, fully collateralized ERC-20 leverage token built on the platform for Ethereum. The token utilizes the FLI methodology, which means the user does not have to worry about requirements on margin and can save money on gas. The FLI methodology uses a 2x leverage and a tolerance range that reduces the amount of rebalances and increases the gas efficiency, ensuring direct savings for the users. 

Further, the token is built on the ERC-20 protocol, enabling users to gain leverage exposure to Ether, using collateralized debt without monitoring liquidation risks. The ETH2X-FLI token seeks to offer some benefits over the legacy leveraged tokens, including:

Market

Singapore Market Stats

Market cap

S$31.5M

Volume (24h)

S$527,693.14

Circulating supply

1.2M ETH2X-FLI

All time high

S$805.95

Price change (1h)

-5.41%

Price change (24h)

-13.21%

Price change (7d)

-24.28%

Singapore News about ETH 2x Flexible Leverage Index

BeInCrypto • May 01, 24

Tether Posts Record Quarterly Profits of $4.52 Billion

Tether reports a Q1 profit of $4.52 billion, mainly from U.S. Treasury bonds, marking a significant increase in financial transparency and stability.The post Tether Posts Record Quarterly Profits of $4.52 Billion appeared first on BeInCrypto.

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Decrypt • May 01, 24

Bitcoin ETF Leader BlackRock Leads $47M Funding Round in Securitize

BlackRock’s BUIDL fund, created with Securitize, has $375 million in assets under management.

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The Block • May 01, 24

Stablecoin volumes stay strong as FDUSD hits record high, while USDT declines

April volumes shrank slightly as FDUSD and USDe had their best months ever, a sign the market is primed to grow more.

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BeInCrypto • May 01, 24

Crypto Security Exploits See 141% Drop in a Month

April 2024 marked a significant milestone in crypto security, with losses plummeting by 141% to a historic low of $25.7 million. This reduction suggests a marked improvement in blockchain defenses.The post Crypto Security Exploits See 141% Drop in a Month appeared first on BeInCrypto.

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Decrypt • May 01, 24

Tether Netted $4.52 Billion Q1 Profit Thanks To Bitcoin Gains

Tether’s Bitcoin investment is paying off, achieving much greater profit than the company’s immense bond portfolio.

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Decrypt • May 01, 24

BNB Chain's $1M Meme Innovation Contest Is 'Unleashing Meme Coin Creativity'

The competition aims to encourage developers to create, launch and trade their meme coins on BNB Chain.

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ETH 2x Flexible Leverage Index is on the decline this week.

The price of ETH 2x Flexible Leverage Index has decreased by 5.41% in the last hour and decreased by 13.21% in the past 24 hours. ETH 2x Flexible Leverage Index’s price has also fallen by 24.28% in the past week. The current price is S$26.34 per ETH2X-FLI with a 24-hour trading volume of S$527.69K. Currently, ETH 2x Flexible Leverage Index is valued at 96.73% below its all time high of S$805.95. This all-time high was the highest price paid for ETH 2x Flexible Leverage Index since its launch.

The current circulating supply of ETH 2x Flexible Leverage Index is 1,195,757.828 ETH2X-FLI which means that ETH 2x Flexible Leverage Index has as total market cap of 1,195,757.828.

FAQ

What is the current price of ETH 2x Flexible Leverage Index?

We update our ETH 2x Flexible Leverage Index to SGD currency in real-time. Get the live price of ETH 2x Flexible Leverage Index on Coinbase.

What is the market cap of ETH 2x Flexible Leverage Index?

The current market cap of ETH 2x Flexible Leverage Index is S$31.49M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of ETH 2x Flexible Leverage Index?

The all-time high of ETH 2x Flexible Leverage Index is S$805.95. This all-time high is highest price paid for ETH 2x Flexible Leverage Index since it was launched.

What is the 24 hour trading volume of ETH 2x Flexible Leverage Index?

Over the last 24 hours, the trading volume of ETH 2x Flexible Leverage Index is S$527.69K.

How many ETH 2x Flexible Leverage Index are there?

The current circulating supply of ETH 2x Flexible Leverage Index is 1.2 million.

Can I buy ETH 2x Flexible Leverage Index on Coinbase?

Yes, ETH 2x Flexible Leverage Index is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy ETH 2x Flexible Leverage Index guide.