Direxion Daily FTSE China Bear 3X ETF Tokenized Stock (Reality)
RYANG Rank #11164Price chart
What is Direxion Daily FTSE China Bear 3X ETF Tokenized Stock (Reality)?
Overview
RYANG represents a tokenized version of an inverse 3x leveraged exchange-traded fund designed to deliver daily results equal to negative 300% of the FTSE China 50 Index performance. The token serves investors seeking to profit from declines in Chinese large-cap stocks or to hedge portfolio risk against adverse macroeconomic conditions. It functions as a spot vehicle for both hedging strategies and short-term speculative trading.
How it works
RYANG is deployed as a tokenized asset on Arbitrum and Morph L2 blockchains, classified within the Reality Ecosystem and Remora Markets tokenized rStocks infrastructure. The token represents fractional ownership or exposure to the underlying leveraged ETF, magnifying losses in the FTSE China 50 Index by a factor of three in the inverse direction on a daily basis.
Token and supply
RYANG has a total and circulating supply of approximately 9 tokens. No maximum supply cap is specified, indicating either an uncapped or variable supply model. The token's primary function is to track and convey exposure to the inverse leveraged index performance rather than serve governance, staking, or fee collection roles.
Where to trade RYANG
Exchanges that list this asset
Live spot quotes from connected exchanges
RYANG funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.