AscendEX, a full-stack cryptocurrency exchange platform, announced today the addition of six new leveraged tokens for trading: ADA, DOGE, DOT, EOS, GALA, and LINK, set to go live June 16, 2:00 a.m. UTC.
For more details on the new listings, see below:
| Token | 3X Leverage Long | 5X Leverage Long | 3X Leverage Short | 5X Leverage Short |
| ADA | ADA3L/USDT | ADA5L/USDT | ADA3S/USDT | ADA5S/USDT |
| DOGE | DOGE3L/USDT | DOGE5L/USDT | DOGE3S/USDT | DOGE5S/USDT |
| DOT | DOT3L/USDT | DOT5L/USDT | DOT3S/USDT | DOT5S/USDT |
| EOS | EOS3L/USDT | EOS5L/USDT | EOS3S/USDT | EOS5S/USDT |
| GALA | GALA3L/USDT | GALA5L/USDT | GALA3S/USDT | GALA5S/USDT |
| LINK | LINK3L/USDT | LINK5L/USDT | LINK3S/USDT | LINK5S/USDT |
Note: L, short for long, refers to “going long”. S, short for short, refers to “going short”. The numbers 3 and 5 refer to the leverage multiple for a particular token.
On AscendEX, market orders can earn rebates of up to 1.5 bps for injecting liquidity into the exchange, while taker orders pay as little as 3 bps.
Source: https://www.cryptoninjas.net/2022/06/15/ascendex-lists-new-leveraged-tokens-ada-doge-dot-eos-gala-and-link/