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A Leveraged Token is a derivatives product providing leveraged exposure to the underlying asset with no margin requirements, which may amplify profitability and has no liquidation risks.
Each Leveraged Token represents a basket of Perpetual Contract positions.
The net asset value (NAV) of a Leveraged Token moves in line with the price fluctuations in the Perpetual Contracts market.
NAV, or net asset value, refers to the value of a Leveraged Token. The NAV of a Leveraged Token moves in line with the price fluctuations in the Perpetual Contracts market.