$SHARK
ETH2×
- $0.0₅4496
- 0.000 ETH
- $485
- 1
Powered by 2× long ETH.
The treasury starts trading when the coin graduates. Until then it collects 0.30% of every trade, and graduation adds 15% of the raise.
- $0
- $0
- Margin per round
- 70% of strategy cash
- Closes early at
- +20% / −10% of the margin
- Next entry
- -
- Scheduled close
- -
- Realized P/L
- -
- Losses to recover first
- $0
- Profit sent home
- $0
- Buyback budget
- $0
No round yet. The first opens on the first market day after the treasury lands on Arbitrum.
How the treasury works
Fees and 15% of the graduation raise fund the coin's own trading account, whose address is derived from the thesis itself.
Each market day the account puts 70% of its cash on ETH, long 2×. It closes early at +20% or −10% of the margin; otherwise it closes at the scheduled time.
A loss must be won back before anything leaves. Profit beyond that comes home and buys $SHARK in its pool, capped at 5% over the 30-minute average, and burns every token bought.
The coin is not a share of the treasury or of ETH. The treasury can lose, and buybacks do not hold a price.