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PYTHDOWN Information Disclosure
PYTHDOWN
Go 2-4x short on PYTH
1.8409 USDT
Net Asset Value
1.8659 USDT
Last Price
Product Information
Transaction rules
| Name | PYTHDOWN |
| Assets Under Management | 152671.90524588356USDT |
| Basket | -3,880,359.160007 PYTHUSDTM Futures |
| Issued Size | 71569.4286733 |
| Leverage (Target/Actual) | 2.00-4.00x / 3.6201x |
| Management Fee Per Day | 0.045% |
| Regular Rebalance | When the leverage goes outside of the 2x-4x range, rebalancing is performed. |
| Irregular Rebalance | When PYTH increases by 12%, the position will be rebalanced. |
Introduction
PYTHDOWN is a leveraged token that goes 2-4x short the PYTH via futures trading. By means of leverage and the rebalancing of the asset base, when the PYTH price drops 1%, the net asset value of PYTHDOWN will rise by 2-4%.
Due to the rebalancing mechanism, the NAV of the leveraged token may be worn in the price volatility. It is recommended that you do not hold the leveraged token for long periods of time to control for risks.
When ETF shares merge, the number of shares you hold will be reduced to 1/1000 of the original quantity (assuming a 1000:1 consolidation). The price of each ETF share will increase by a factor of 1000, while the total value of your ETF holdings remains the same. Please note that trading will be temporarily suspended during consolidation.
Rebalance History
| Time | Basket (Before Rebalancing) | Basket (After Rebalancing) | Leverage (Before Rebalancing) | Leverage (After Rebalancing) |
|---|
| 08/14/2025 21:36 | -2586413.877918 PYTHUSDTM | -3880359.160007 PYTHUSDTM | 1.9996x | 3.0008x |
| 08/13/2025 09:09 | -3451471.978234 PYTHUSDTM | -2586413.877918 PYTHUSDTM | 4.0034x | 3.0066x |
| 08/11/2025 11:04 | -3451471.979237 PYTHUSDTM | -3451471.978234 PYTHUSDTM | 3.1575x | 3.1575x |
| 08/11/2025 10:54 | -3451475.46118 PYTHUSDTM | -3451471.979237 PYTHUSDTM | 3.2121x | 3.2121x |
| 08/11/2025 10:14 | -3451476.81317 PYTHUSDTM | -3451475.46118 PYTHUSDTM | 3.2599x | 3.2599x |
| 08/09/2025 16:00 | -3454685.626039 PYTHUSDTM | -3451476.81317 PYTHUSDTM | 3.4957x | 3.4957x |
| 08/08/2025 00:37 | -4613314.4807 PYTHUSDTM | -3454685.626039 PYTHUSDTM | 4.0061x | 3.0173x |
| 08/05/2025 08:00 | -1028622.378557 PYTHUSDTM | -4613314.4807 PYTHUSDTM | 2.7029x | 2.7029x |
| 08/04/2025 01:03 | -1376316.538703 PYTHUSDTM | -1028622.378557 PYTHUSDTM | 4.0141x | 2.9969x |
| 08/01/2025 22:27 | -911741.830017 PYTHUSDTM | -1376316.538703 PYTHUSDTM | 1.9874x | 2.9937x |