The platform plans to make leverage effortless for end users by monitoring their leveraged loan 24/7. The platform further helps to ensure that users do not have to manage their liquidation ratio because the FLI automatically manages everything. Thus, the liquidations are reduced even during the black swan events. The platform also takes responsibility for the high fees transactions that are not included in the relative UIs and are not responsive during high volatility.

ETH2x-FLI is the native, fully collateralized ERC-20 leverage token built on the platform for Ethereum. The token utilizes the FLI methodology, which means the user does not have to worry about requirements on margin and can save money on gas. The FLI methodology uses a 2x leverage and a tolerance range that reduces the amount of rebalances and increases the gas efficiency, ensuring direct savings for the users. 

Further, the token is built on the ERC-20 protocol, enabling users to gain leverage exposure to Ether, using collateralized debt without monitoring liquidation risks. The ETH2X-FLI token seeks to offer some benefits over the legacy leveraged tokens, including:

We update our ETH 2x Flexible Leverage Index to USD currency in real-time. Get the live price of ETH 2x Flexible Leverage Index on Coinbase.

The current market cap of ETH 2x Flexible Leverage Index is $4.097M. A high market cap implies that the asset is highly valued by the market.

The all-time high of ETH 2x Flexible Leverage Index is $590.83. This all-time high is highest price paid for ETH 2x Flexible Leverage Index since it was launched.

Over the last 24 hours, the trading volume of ETH 2x Flexible Leverage Index is $17.228K.

Assets that have a similar market cap to ETH 2x Flexible Leverage Index include Abel finance, Sovryn Dollar, Grok Imagine, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of ETH 2x Flexible Leverage Index is 635 thousand.