uWTIOIL
LiveWTI Crude 2x Long · targets 2x the daily return of WTI CrudeRisk grade1.5x
Demo on a mainnet fork: the real Upside program, the real Voltr and Phoenix programs, live Phoenix prices; only the USDC is test money. Balances above are read from the fork. What that means
Recommended: Backpack or Solflare with the wallet's custom RPC set to https://rpc.upside.cx, so your wallet shows fork balances and simulates correctly. Phantom works for signing but displays mainnet balances and warns that the transaction may fail; approve anyway.
Minting uWTIOIL now is a 2x long position on WTI Crude at the current mark of $99.97, at the token price (1.0033 USDC per token). The keeper keeps the leverage inside its band; you never post margin and are never liquidated. How it works
Leverage tokens aim to track 2x the price move in the short term. Over longer holds, volatility decay can reduce your returns. These instruments suit short-term trades better than long-term holds.
Over the last year, a 30-day hold of 2x WTI Crude did on average −1.1% vs 2× the stock; the worst tenth of holds trailed by 7.2%; 1 in 45 holders lost more than half.
Over 24h: −0.03% on average, worst tenth −0.32% · over 7 days: −0.38%, worst tenth −1.6%.
Decay is a cost of choppy markets: it disappears in a steady trend and bites when prices swing past the rebalance band.
See what holding uWTIOIL for 30 days would have looked like →
Measured as (token return − 2× the WTI Crude move) per window, averaged over every start date from 2025-09-11 to 2026-09-11 (45 30-day windows); "worst tenth" is the 10th percentile. Backtest with a modelled keeper, fees per D8, funding 0; not the live token.
Cost of holding
Simulate any windowOver the last year, a hold of 2x WTI Crude did this against 2× the stock, on average and in the worst tenth of start dates.
| Hold | On average | Worst tenth | Lost more than half |
|---|---|---|---|
| 24 hours | −0.03% | −0.32% | none |
| 7 days | −0.38% | −1.6% | none |
| 30 days | −1.1% | −7.2% | 1 in 45 holders |
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 WTI Crude'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 holdSince launch
Launches at 1.00 USDC per token. The token price is now 1.0033 USDC. There are no reverse splits: the price drifts away from 1.00 in both directions over time. Why leveraged tokens decay
| Vault | On-chain now | Keeper snapshot · 15 s ago |
|---|---|---|
| Total assets | — | 5,016.72 |
| LP supply | — | 5,000.0000 |
| Token price | — | 1.0033 |
| Idle USDC | — | 2,500.00 |
| Cap remaining | — | 244,983.28 |
On-chain read pending or unavailable from the site's RPC; the keeper snapshot is shown.
Position
slot 447280128 · snapshot 15 s agoRecent activity
Full log- 15 Sep 15:08 UTCCrank
- 15 Sep 15:07 UTCCrank
- 15 Sep 15:06 UTCCrank
- 15 Sep 15:05 UTCCrank1.94x → —
- 15 Sep 15:05 UTCCrank1.94x → —
- 15 Sep 15:05 UTCHarvest fee1.95x → —
- 15 Sep 15:05 UTCCrank1.95x → —
- 15 Sep 15:05 UTCCrank
- 15 Sep 15:04 UTCCrank
- 15 Sep 15:03 UTCCrank
Keepers
- keeper-stagingv0.1.0 · surfpool#0 · heartbeat 1 s agostream ✓dGOLD:band ✓dGOLD:stop ✓dGOLD:tick ✗ 1dMSTR:band ✓dMSTR:stop ✓dMSTR:tick ✓uGOLD:band ✓uGOLD:stop ✓uGOLD:tick ✗ 1uMSTR:band ✓uMSTR:stop ✓uMSTR:tick ✓dGOLD:crank ✓dGOLD:guard ✓dMSTR:crank ✗ 3dMSTR:guard ✓dUS100:band ✓dUS100:stop ✓dUS100:tick ✓dUS500:band ✓dUS500:stop ✓dUS500:tick ✓uGOLD:crank ✓uGOLD:guard ✓uMSTR:crank ✗ 3uMSTR:guard ✓uUS100:band ✓uUS100:stop ✓uUS100:tick ✓uUS500:band ✓uUS500:stop ✓uUS500:tick ✓dGOLD:inflow ✓dGOLD:margin ✓dGOLD:redeem ✓dMSTR:inflow ✓dMSTR:margin ✓dMSTR:redeem ✓dUS100:crank ✗ 3dUS100:guard ✓dUS500:crank ✗ 3dUS500:guard ✓dWTIOIL:band ✓dWTIOIL:stop ✓dWTIOIL:tick ✓uGOLD:inflow ✓uGOLD:margin ✓uGOLD:redeem ✓uMSTR:inflow ✓uMSTR:margin ✓uMSTR:redeem ✓uUS100:crank ✗ 3uUS100:guard ✓uUS500:crank ✗ 3uUS500:guard ✓uWTIOIL:band ✓uWTIOIL:stop ✓uWTIOIL:tick ✓dGOLD:harvest ✓dMSTR:harvest ✗ 1dUS100:inflow ✓dUS100:margin ✓dUS100:redeem ✓dUS500:inflow ✓dUS500:margin ✓dUS500:redeem ✓dWTIOIL:crank ✗ 3dWTIOIL:guard ✓uGOLD:harvest ✓uMSTR:harvest ✗ 1uUS100:inflow ✓uUS100:margin ✓uUS100:redeem ✓uUS500:inflow ✓uUS500:margin ✓uUS500:redeem ✓uWTIOIL:crank ✗ 3uWTIOIL:guard ✓dUS100:harvest ✗ 1dUS500:harvest ✗ 1dWTIOIL:inflow ✓dWTIOIL:margin ✓dWTIOIL:redeem ✓uUS100:harvest ✗ 1uUS500:harvest ✗ 1uWTIOIL:inflow ✓uWTIOIL:margin ✓uWTIOIL:redeem ✓dWTIOIL:harvest ✗ 1uWTIOIL:harvest ✗ 1
Open alerts
- warningCRANK_STALE · uWTIOIL15 Sep 14:58 UTCuWTIOIL: last crank never during an external session
- warningTICK_FAILED · uWTIOIL15 Sep 14:42 UTCuWTIOIL: tick failed: fetch failed
The full transparency page has the action ladder (at what underlying move each keeper action fires), leverage and margin over the last 7 days with every action marked, and the complete event log.
Open the action ladder and chartsWhat this token is
- Name
- WTI Crude 2x Long
- Underlying
- WTI Crude (commodity)
- Venue market
- Phoenix WTIOIL
- Direction
- 2x long
- Rebalance band
- 1.8x–2.3x, hard delever 2.6x
- Venue equity
- 25.0% of notional (17.9–32.1%)
- Vault cap
- $250.0K USDC
- Inception
- not launched · 1.00 at launch
- Status
- Live
- Cluster
- surfpool
Risk grade 1.5x: Too volatile for 2x; it swings 49% a year against the S&P's 19%. The listing leverage is 2x per D26. How we choose leverage
Addresses
- Voltr vault
- EsPXfr…MkcSnn ↗
- Strategy (adaptor)
- aYRsjC…WCmXND ↗
- Strategy authority
- H4reGt…LRNQyB ↗
- Phoenix trader account
- 8Nzzez…g5fPkw ↗
- LP mint
- CAy5Zw…j8Gcem ↗
- Secondary pool
- not created
Fees
- Issuance
- 0.05%
- Redemption
- 0.05%
- Management
- 1.00% / yr
- Performance
- 0%
Issuance and redemption fees cover the position change your mint or redeem forces on the venue. Funding and rebalancing costs are inside the token price, not charged separately.
Read more
Not for US persons. Names such as US500 describe the underlying market and imply no affiliation with any index provider or issuer.