Bybit Leveraged Tokens: A Complete Get Started Guide
Intermediate
Trading
Mar 28, 2022
7 min read
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What Are Bybit Leveraged Tokens?
The Bybit Leveraged Token is a derivatives product with no margin or liquidation risks. It provides you with leveraged exposure to the underlying asset, which may amplify profitability and potential losses.
At Bybit, each Leveraged Token represents a basket of Perpetual Contract positions. This means that when you trade a Leveraged Token, you’re investing in a basket of contracts for the underlying asset. As shown below, a basket of BTC3L consists of 17.772 BTC worth of long BTCUSDT Perpetual Contracts positions.