Index Coop Sharpshooters Crown November Winners Despite Market Cooldown
Index Coop Sharpshooters Crown November Winners Despite Market Cooldown
馃幆 Sharpshooters Final Month
Index Coop's Sharpshooters competition rewarded top leverage traders despite November's market decline.
November Winners:
- Runner-Up (0xc80): $8,512 profit on ETH2x with strong timing
- Sharpshooter (0x32d): 119.1% return on ETH3x, earning $8,140 profit
Both winners received $200 USDC plus NFT trophies.
Competition Details:
- Monthly rewards for biggest profit, highest % return, and even worst trades
- $1K total monthly prizes with no signups required
- Performance-based rewards only
Season 1 Final Month: Sharpshooters continues alongside Q4 Leverage RUSH campaign. Traders making $1K+ trades on Base, Arbitrum, or Ethereum earn tickets.
Markets may have cooled off over the last month, but Sharpshooters kept firing 3 traders stood out by bagging profits thru the slide 猬囷笍
馃幆 Index Coop Adds Inverse and Multi-Asset Leverage Tokens
Index Coop has expanded its Leverage Suite to include **-1x inverse positions** alongside existing 2x and 3x leverage options. The suite now covers a broader range of assets: - **Major cryptocurrencies**: ETH, BTC, SOL, SUI, XRP, LINK - **Traditional assets**: Gold - **DeFi tokens**: Aave - **Pair trading**: ETH/BTC and BTC/ETH Built on [Aave](https://aave.com) and [Morpho](https://morpho.org), these tokens feature built-in liquidation protection and are available across Ethereum, Arbitrum, and Base networks. The addition of inverse (-1x) tokens allows traders to profit from price declines without traditional short selling, while the pair trading options enable relative value strategies between major assets. [Trade on Index Coop](https://app.indexcoop.com/trade)
馃巶 ETH2x-FLI Turns Five: The Leverage Token That Started It All
**Five Years of Onchain Leverage** ETH2x-FLI, the original leverage token built on Compound Finance, celebrates its fifth anniversary. Launched on March 17, 2021, when ETH traded at ~$1,800, this pioneering product has achieved a remarkable track record: - **Zero liquidations** across all market cycles - **Billions in trading volume** over five years - **Survived multiple bear and bull markets** without incident ETH2x-FLI introduced automated leverage management to DeFi, eliminating the risk of liquidation that plagued traditional leveraged positions. The product's success paved the way for today's broader Leverage Suite offerings. The milestone demonstrates that properly designed leverage products can provide sustainable exposure without the catastrophic risks associated with manual leverage management.
Index Coop Burns 100,000 INDEX Tokens in March Supply Reduction
**Index Coop has completed its March token burn**, removing 100,000 INDEX tokens from circulation. This marks the **continuation of a regular burning program**, with similar burns occurring in previous months. The deflationary mechanism reduces the total supply of INDEX tokens, potentially increasing scarcity over time. - Monthly burns of 100,000 tokens appear to be part of an ongoing schedule - Previous burns occurred in February and earlier in March - Token burns are a common mechanism to manage tokenomics and supply The burn represents Index Coop's commitment to its tokenomics model and supply management strategy.
Index Coop's Leverage Suite Offers Automated Rebalancing for Collateral Protection
Index Coop has highlighted its Leverage Suite, which features automated rebalancing designed to protect user collateral from liquidation. **Key Features:** - Automated rebalancing mechanism - Liquidation protection for collateral - Cost-effective exposure to ETH and BTC The suite aims to help users navigate volatile market conditions while maintaining their leveraged positions more safely. Learn more at [indexcoop.com](http://indexcoop.com)