MXC Will Merge the Shares of AAVE3S, ETH3S, SOL3S, AVAX3S and ETH5S Leveraged ETFs

Dear Users:

Since the net value of leveraged ETF products AAVE3S, ETH3S, SOL3S, AVAX3S and ETH5S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of AAVE3S, ETH3S, SOL3S, AVAX3S and ETH5S at 14:30 (UTC+8) on February 4.

The 10 shares of AAVE3S, ETH3S, SOL3S, AVAX3S and ETH5S will be merged into 1 share respectively. Consequently, the net value per share of AAVE3S, ETH3S, SOL3S, AVAX3S and ETH5S will be up 10 times, while user's holding amount will be down to 1/10. In this connection, user’s total asset will stay the same after the merging.

Learn more about leveraged ETF, please visit:

1. What is "Share Merging Mechanism"

2. Guide for Leverage ETF

3. Leveraged ETF Lecture

4. FAQ for Leveraged ETF

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Enjoying your trade on MXC.

The MXC team

February 4, 2021