рипл bear 432, а бтс 14 .... как эти цены формируются вообще?)
How Do Leveraged Tokens Work?
Each leveraged token gets its price action by trading FTX perpetual futures. For instance, say that you want to create $10,000 of ETHBULL. To do so you send in $10,000, and the ETHBULL account on FTX buys $30,000 worth of ETH perpetual futures. Thus, ETHBULL is now 3x long ETH.
You can also redeem leveraged tokens for their net asset value. To do that, you can send your $10,000 of ETHBULL back to FTX, and redeem it. This will destroy the token; cause the ETHBULL account to sell back the $30,000 worth of futures; and credit your account with $10,000.
This creation and redemption mechanism is what ultimately enforces that the leveraged tokens are worth what they're supposed to