0.5X Long Chainlink Token (LINKHALF)
Details about 0.5X Long Chainlink Token cryptocurrency
0.5X Long Chainlink Token
LINKHALF
Unknown for now
€0
1
Unknown
https://ftx.com/tokens/LINKHALF
0.5X Long Chainlink Token price charts
LINKHALF exchanges
0.5X Long Chainlink Token, the crypto
0.5X Long Chainlink Token (LINKHALF) is a token that tracks 0.5x the daily price changes of Chainlink Token (LINK) through the use of perpetual contracts. This means that if the price of LINK goes up by 5% in a day, the price of LINKHALF will go up by 2.5% and if the price of LINK goes down by 5% in a day, the price of LINKHALF will go down by 2.5%. The token is traded on decentralized exchanges like Uniswap and is marketed towards traders who want to take a leveraged position on Chainlink with less risk.
The point
The main point of 0.5X Long Chainlink Token (LINKHALF) is to provide a way for traders to take leveraged positions on Chainlink (LINK) with less risk. Due to the 0.5x multiplier, traders can get exposure to Chainlink's price movement without the need for a significant amount of capital or the risk of losing more than their initial investment.
The problem
0.5X Long Chainlink Token (LINKHALF) tries to solve the problem of high risk associated with leveraged trading. By providing a token that tracks the price of Chainlink with a 0.5x multiplier, traders can take positions with less risk, as they are not exposed to the full price movement of Chainlink. Additionally, the token allows traders to get exposure to Chainlink without the need for significant capital, as they would with traditional leveraged trading.
Compare LINKHALF and BTC performance
Timeframe | LINKHALF | BTC |
---|---|---|
1h change | 0 % | -0.123028 % |
24h change | 0 % | 2.09108 % |
7 day change | 8.3 % | 8.95227 % |
14 day change | -1.45 % | 0.0381513 % |
30 day change | 14.35 % | 24.8117 % |
200 day change | 0 % | 172.24 % |
Year change | 0 % | 160.649 % |