Announcement Regarding the Adjustment of Management Fee of Some Leveraged Tokens

Dear KuCoin users,

Due to the large fluctuations in the recent market, the management of leveraged tokens has become more difficult and the cost of risk control has increased. KuCoin has adjusted the management fee of some leveraged tokens to 0.1%.

The leveraged tokens involved in adjustment are: ADA3L, VET3L

If the subsequent market fluctuations continue to increase, it is not ruled out that the above leveraged tokens management fees will continue to be adjusted.

The current market is volatile. KuCoin kindly recommends that you can control the cost and risk of holding positions by reducing your overnight positions!

For more details about leveraged token rates: Leveraged Token Rates

Regards

The KuCoin Team

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