Dear users,

 

132 Leveraged Tokens such as ACH5S are currently traded on AscendEX with less than 0.1 USDT in share value, meanwhile the Leveraged Token such as OMNI3S is traded on on AscendEX with high price in share value, which negatively impact price precision and trading simplicity. To improve users’ experience in trading leveraged tokens, AscendEX will conduct a share merge for 132 Leveraged Tokens such as ACH5S and a share split the Leveraged Token such as OMNI3S at 2:30 p.m. UTC on February.11. After this share merge & split, the number of the leveraged token shares held by users and the unit value per share will change, but the total value of users’ holdings will not change (without considering value changes caused by market fluctuations).

 

1.Below you will find how we will conduct the merge: 
 

Leveraged Token

Merge Ratio

Net Value（NAV）Change

Positions Change

ACH5S

1000:1

NAV*1,000

Positions/1,000

LTC5S

100:1

NAV*100

Positions/100

CAKE5S

100:1

NAV*100

Positions/100

OM3S

100:1

NAV*100

Positions/100

JUP3S

100:1

NAV*100

Positions/100

CRV5S

100:1

NAV*100

Positions/100

ONDO3S

100:1

NAV*100

Positions/100

SATS5S

10:1

NAV*10

Positions/10

LDO3S

10:1

NAV*10

Positions/10

TAO3S

10:1

NAV*10

Positions/10

ADA5S

10:1

NAV*10

Positions/10

KAS3S

10:1

NAV*10

Positions/10

CHZ5S

10:1

NAV*10

Positions/10

KSM5S

10:1

NAV*10

Positions/10

SFP3S

10:1

NAV*10

Positions/10

CAT3S

10:1

NAV*10

Positions/10

XLM5S

10:1

NAV*10

Positions/10

KAVA5S

10:1

NAV*10

Positions/10

CFX5S

10:1

NAV*10

Positions/10

NEAR5L

1000:1

NAV*1,000

Positions/1,000

BEAMX5L

1000:1

NAV*1,000

Positions/1,000

RUNE5L

100:1

NAV*100

Positions/100

PNUT3L

100:1

NAV*100

Positions/100

ALGO5L

100:1

NAV*100

Positions/100

HOT5L

100:1

NAV*100

Positions/100

PENGU3L

100:1

NAV*100

Positions/100

AAVE5L

100:1

NAV*100

Positions/100

ACE5L

100:1

NAV*100

Positions/100

AEVO3L

100:1

NAV*100

Positions/100

AGLD5L

100:1

NAV*100

Positions/100

VANRY3L

100:1

NAV*100

Positions/100

ENS5L

100:1

NAV*100

Positions/100

LINK5L

100:1

NAV*100

Positions/100

OP3L

100:1

NAV*100

Positions/100

RVN5L

100:1

NAV*100

Positions/100

ETHFI3L

100:1

NAV*100

Positions/100

SNX5L

100:1

NAV*100

Positions/100

ARB5L

100:1

NAV*100

Positions/100

ETC5L

100:1

NAV*100

Positions/100

ADA5L

100:1

NAV*100

Positions/100

ILV5L

100:1

NAV*100

Positions/100

ENA3L

100:1

NAV*100

Positions/100

BLUR3L

100:1

NAV*100

Positions/100

UNI5L

100:1

NAV*100

Positions/100

IO3L

100:1

NAV*100

Positions/100

TRB5L

100:1

NAV*100

Positions/100

AR5L

100:1

NAV*100

Positions/100

TIA5L

100:1

NAV*100

Positions/100

APE3L

100:1

NAV*100

Positions/100

WIF3L

100:1

NAV*100

Positions/100

MEME5L

100:1

NAV*100

Positions/100

IOTX3L

100:1

NAV*100

Positions/100

ROSE5L

100:1

NAV*100

Positions/100

SAND3L

100:1

NAV*100

Positions/100

WLD5L

100:1

NAV*100

Positions/100

GALA3L

100:1

NAV*100

Positions/100

STX5L

100:1

NAV*100

Positions/100

MOVR3L

100:1

NAV*100

Positions/100

SUPER3L

100:1

NAV*100

Positions/100

RDNT5L

100:1

NAV*100

Positions/100

MYRO3L

100:1

NAV*100

Positions/100

PYTH5L

100:1

NAV*100

Positions/100

FIL5L

100:1

NAV*100

Positions/100

KAS3L

100:1

NAV*100

Positions/100

SUI5L

100:1

NAV*100

Positions/100

OMNI3L

100:1

NAV*100

Positions/100

SSV5L

100:1

NAV*100

Positions/100

NFP3L

100:1

NAV*100

Positions/100

ORDI5L

100:1

NAV*100

Positions/100

SHIB3L

100:1

NAV*100

Positions/100

VET5L

100:1

NAV*100

Positions/100

ZEN5L

100:1

NAV*100

Positions/100

EGLD3L

100:1

NAV*100

Positions/100

BAL5L

100:1

NAV*100

Positions/100

BLUR5L

100:1

NAV*100

Positions/100

ANKR5L

100:1

NAV*100

Positions/100

BNB5L

100:1

NAV*100

Positions/100

TOKEN5L

100:1

NAV*100

Positions/100

XLM3L

100:1

NAV*100

Positions/100

KAVA3L

100:1

NAV*100

Positions/100

ZEC5L

100:1

NAV*100

Positions/100

ATOM3L

100:1

NAV*100

Positions/100

APT5L

100:1

NAV*100

Positions/100

DYDX5L

100:1

NAV*100

Positions/100

KNC3L

100:1

NAV*100

Positions/100

TAO3L

100:1

NAV*100

Positions/100

TRUMP3L

100:1

NAV*100

Positions/100

CELO5L

100:1

NAV*100

Positions/100

MKR3L

100:1

NAV*100

Positions/100

EGLD5L

100:1

NAV*100

Positions/100

LDO5L

100:1

NAV*100

Positions/100

BONK5L

10:1

NAV*10

Positions/10

RENDER3L

10:1

NAV*10

Positions/10

SUSHI5L

10:1

NAV*10

Positions/10

ID5L

10:1

NAV*10

Positions/10

DOGE5L

10:1

NAV*10

Positions/10

ENS3L

10:1

NAV*10

Positions/10

HBAR5L

10:1

NAV*10

Positions/10

WOO3L

10:1

NAV*10

Positions/10

FLOW5L

10:1

NAV*10

Positions/10

QNT5L

10:1

NAV*10

Positions/10

DOGS3L

10:1

NAV*10

Positions/10

LSK3L

10:1

NAV*10

Positions/10

GRT5L

10:1

NAV*10

Positions/10

PEOPLE5L

10:1

NAV*10

Positions/10

ONE3L

10:1

NAV*10

Positions/10

EOS3L

10:1

NAV*10

Positions/10

ALT3L

10:1

NAV*10

Positions/10

ONDO3L

10:1

NAV*10

Positions/10

C985L

10:1

NAV*10

Positions/10

EOS5L

10:1

NAV*10

Positions/10

HOOK5L

10:1

NAV*10

Positions/10

MKR5L

10:1

NAV*10

Positions/10

SAND5L

10:1

NAV*10

Positions/10

SOL5L

10:1

NAV*10

Positions/10

MANTA3L

10:1

NAV*10

Positions/10

LDO3L

10:1

NAV*10

Positions/10

ACT3L

10:1

NAV*10

Positions/10

SNX3L

10:1

NAV*10

Positions/10

POL3L

10:1

NAV*10

Positions/10

XLM5L

10:1

NAV*10

Positions/10

JTO3L

10:1

NAV*10

Positions/10

MOODENG3L

10:1

NAV*10

Positions/10

PEPE3L

10:1

NAV*10

Positions/10

LTC5L

10:1

NAV*10

Positions/10

MANA5L

10:1

NAV*10

Positions/10

EIGEN3L

10:1

NAV*10

Positions/10

WOO5L

10:1

NAV*10

Positions/10

GOAT3L

10:1

NAV*10

Positions/10

CAKE5L

10:1

NAV*10

Positions/10

CRV5L

10:1

NAV*10

Positions/10

CKB3L

10:1

NAV*10

Positions/10

 

2.Below you will find how we will conduct the split: 

Leveraged Token

Split Ratio

Net Value（NAV）Change

Positions Change

OMNI3S

1:10

NAV/10

Positions*10

 

Notes：

1. The net value during the merge & split will be the basis for net value calculation.

2. The name, abbreviation and trading pairs of the leveraged token shares will remain the same after the merge & split .

3. Before the merge & split , AscendEX will temporarily suspend these leveraged token trading markets and cancel any open orders.

4. After the merge & split are completed, AscendEX will resume these leveraged token trading markets. Please note, the price will fluctuate around the new unit value after the split. Users should pay close attention when placing their orders.

5. As the net value of leveraged products is highly volatile, it’s possible that some of the above leveraged products may not be conducted a share merge & split . AscendEX will reserve the right at any time in its sole discretion to modify, change or cancel the merge & split for any reason.

 

Please read FAQs on AscendEX Leveraged Tokens to learn more.

 

Risk Disclosure: Leveraged tokens are a type of high-risk financial derivative. Please be sure to have a full understanding of the products, as well as the rebalancing mechanism, holding costs and other basic principles before trading. The above information is not investment advice. Investors should be cautious and pay attention to risk management while trading.

 

Upon the share merge & split finished, AscendEX will resume the above leveraged token's trading immediately, and no further announcement will be made. 

 

Thank you for your continued support!

 

The AscendEX Team

 

Website: https://ascendex.com

Twitter: https://twitter.com/ETF_Options

Telegram Group: https://t.me/AscendEX_Leveraged_Tokens