Long net worth = net worth at the last adjustment point * [1 + 3 * (the latest executed price of the spot-the price at the last adjustment point of the spot) / price at the last adjustment point of the spot * 100%];
Short net worth = net worth at the last adjustment point * [1 - 3 * (the latest executed price of the spot-the price at the last adjustment point of the spot) / price at the last adjustment point of the spot * 100%];
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Thank you for logging in and using the leverage ETF products and related services (hereinafter referred to as "ETF products") provided by Coinw.ai. Please read the ETF product description and the following risk warnings carefully. If you choose to continue using ETF products after it, it is deemed that you have fully acknowledged and understood the risks of ETF products, and have the capacity to bear the losses that may be caused by using ETF products. Also, you agree with the entire contents of this disclaimer.Please click to read the ETF product description: 《Leverage ETF Product FAQ》
1. The price you buy / sell should not deviate significantly from the unit's net worth, otherwise you will suffer corresponding losses.
2. If the direction is wrong, there will be a risk that the price will approach zero in extreme conditions.