โน๏ธ ETH2L is a 2X Leveraged Long Managed Position on ETH. This means if ETH goes up 10%, you should expect a +20.00% move in your favor. Similarly, if it goes down by 10%, you should expect a -20.00% move against you. LTs (Leverage Tokens) do not incur in liquidations due to active rebalancing; however, this does not come without risk. Due to their high volatility and time decay, LTs are intended for sophisticated traders and should be considered for short-term trading only.