Demo on a mainnet fork: the real Upside program, the real Voltr and Phoenix programs, live Phoenix prices; only the USDC is test money. Nothing here is real money. What that means
upside

uUS100

Live

US Tech 100 3x Long · targets 3x the daily return of US Tech 100Risk grade2.5x

US Tech 100 · Phoenix QQQ mark
external index
$705.35
−1.04% 24h−1.51% 7d
US Tech 100 mark, last 7 days7 days
marked 7 s ago · index $705.35
uUS100 · Token price
3x long
$0.9952
24h
cranked 7 s ago · priced from the $705.33 mark
Effective leverage
in band
2.88x
target 3x · band 2.7–3.3x · hard delever 4x
nothing to do; leverage drifts with the price

Token price vs US Tech 100

Not enough snapshots in this range yet. Try a longer range.

Cost of holding

Simulate any window

Over the last year, a hold of 3x US Tech 100 did this against 3× the stock, on average and in the worst tenth of start dates.

HoldOn averageWorst tenthLost more than half
24 hours−0.01%0.17%none
7 days−0.08%0.55%none
30 days−0.22%2.1%none

Decay is a cost of choppy markets: it disappears in a steady trend and bites when prices swing past the rebalance band. Backtest with a modelled keeper, fees per D8, funding 0; not the live token.

Replay any hold

Pick a start date and a length; the simulator replays US Tech 100's daily history under this keeper and fees, then rolls the same hold across every start date so the range of outcomes is visible.

Simulate a 30-day hold

Since launch

Launches at 1.00 USDC per token. The token price is now 0.9952 USDC. There are no reverse splits: the price drifts away from 1.00 in both directions over time. Why leveraged tokens decay