On-chain analyst Ai Yi said on X that Binance has listed Southern 2x Long SK Hynix and Southern 2x Long Samsung, with a maximum leverage of 10x. This enables effectively 20x long or short exposure to SK Hynix and Samsung. Ai Yi also said she has previously broken down how such leveraged ETFs work.
On-chain analyst Ai Yi said in a post on X that Binance has listed two products: Southern 2x Long SK Hynix and Southern 2x Long Samsung. They support up to 10x leverage, which allows traders to take 20x long or short exposure to SK Hynix and Samsung.
In the same post, Ai Yi noted that she had previously explained the mechanics of how this type of leveraged ETF works.
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