We are pleased to introduce our newly launched ETH Sharkfin product, live for sale on every Friday 22:00! (All times in the announcement are in UTC+8 time zone)
How does ETH Sharkfin differ from the existing BTC Sharkfin?
ETH Sharkfin adapts a European-style Sharkfin option.
If the price exceeds the range during the observation period, it does not knock you out immediately for a guaranteed return. However, the final return will be based on the price upon weekly product settlement, which is the average market price on Friday from 15:30-16:00.
- If the settlement price is higher or lower than the linked price range, investors can earn a guaranteed 3% APY;
- If the settlement price stays within the given price range, investors can make a higher return.
About our ETH Sharkfin:
- Tenor: 7 days
- Guaranteed Return: 3% APY
- High Yield: 9%-13% APY
- Open for Sale: 22:00 UTC on Friday
- Start of Interest Accrual: 00:00 on Saturday
- Maturity Time: 16:00 the following Friday
- Settlement Time: 17:00 the following Friday
- Investment Quota: 3,000 ETH
Matrixport ETH Shark Fin product started on February 18, 2022, and will be online for sale every Friday at 22:00. Get a head start and earn high yields with your ETH!
(Note: The existing BTC Sharkfin product will stay unaffected; sale starts every Friday at 23:00.)