Short MTL, 3x Leverage Price (MTL3S)

$0.005361+4.31%24H

Price of MTL3S today

The live price of Short MTL, 3x Leverage is $0.005361 per MTL3S/USD, with a current market cap of $297,566.0896 USD. The 24-hour trading volume is $71,716,446 USD. The MTL3S to USD price is updated in real-time. Short MTL, 3x Leverage has experienced a +4.31% change in the last 24 hours and a -8.85% change over the past 7 days.

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Live chart of Short MTL, 3x Leverage (MTL3S)

24H1W1M3M1Y3Y

MTL3S Price History and Comparison

Date ComparisonAmount Change% Change
7 Days$-0.0005185-8.85%
30 Days$-0.0003635-6.37%
60 Days$0.0006188+13.11%
90 Days$0.0005562+11.63%
1 Year$-0.01166-68.6%

Short MTL, 3x Leverage (MTL3S) Price Information

24H Low & High

Low: $0.004631High: $0.005774

All Time High$8.63
Price Change (1H)-0.13%
Price Change (24H)+4.31%
Price Change (7D)-8.85%

Short MTL, 3x Leverage Market Stats

Underlying AssetMetal(MTL)
Total Supply55,360,000
Net Value$0.00537511
Market Cap$297,566.0896
Daily Management Fee0.1%

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About Short MTL, 3x Leverage (MTL3S)

MTL3S is a leverage token representing a short position on MTL multiplied by 3. If MTL decreases by 1%, the net value of MTL3S will increase by approximately 3%. In a fluctuating market the NAV of the token will be worn, and in extreme market conditions the value of the asset may be reduced to 0. Leverage tokens should only be held for short time periods to avoid losses resulting from price erosion.

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