$AXS5S major coin down but axs5s staying calm. hey gateio costumer services. you are aware of this

AXS5S0,72%
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Youyivip
· 19h ago
Dear user, hello. The underlying nature of ETFs is contract trading, which is linked to the rise and fall of the contract market. ETF products are characterized by volatility, which can cause wear and tear. Additionally, ETF products have a rebalancing mechanism. When the underlying positions change, there may be mismatches in the corresponding price movements. The platform conducts occasional and scheduled rebalancing. When price fluctuations are too large or at midnight daily, the leverage multiplier is fixed back to 3x or 5x leverage. For more information on ETF price movements, you can click the link to view: https://www.gate.io/zh/help/trade/leverage_tokens/17369 https://www.gate.io/zh/help/trade/leverage_tokens/17343/about-leveraged-tokens
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