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Announcement on BigONE Will Merge the Shares of Leveraged ETF Products
Dear BigONE users,
As the unit price of leveraged ETF products LAB3L, US3S, TLM5L, GWEI3L, BAS3S, AVAX5L, POWER3S, MOVE3L, MAGMA3L, BEAT3S, TRUMP5L, EIGEN3S and CAKE3L has triggered the BigONE leveraged ETF share merging mechanism. In order to improve the effectiveness of the price, we will initiate the merge on 16 July 2026 at 17:00 (GMT 8). After the merge, the total assets of users will not be affected in any way.
The name, abbreviation, and transaction pair of the new share are the same as before the merge.
- The original 1,000 shares of GWEI3L, BAS3S, AVAX5L, POWER3S, MOVE3L, MAGMA3L, BEAT3S, TRUMP5L, EIGEN3S and CAKE3L with the new share of the net value 1,000 times the original share. The net value conversion will be based on the net value at the time of the merge.
- The original 10,000 shares of LAB3L, US3S and TLM5L with the new share of the net value 10,000 times the original share. The net value conversion will be based on the net value at the time of the merge.
Example:
At the time of the merge, David held 1,000 GWEI3L each with a net value of 0.00231185 and a total amount of 2.31185 USDT. After the merge, David holds 1 GWEI3L each with a net value of 2.31185 and the total amount remains unchanged at 2.31185 USDT.
Note:
- During the merge, we will stop the transaction of the currency pair asset half an hour in advance (the merger process is expected to be 1 hour), and other currency pair transactions will not be affected.
- Before the merge, all users who have pending orders for the currency pairs above are requested to withdraw their orders in advance. If the orders are not withdrawn, the system will automatically cancel all orders and the relevant assets will be returned to the account.
Leveraged ETF product FAQ: https://bigone.zendesk.com/hc/en-us/articles/900002710806
BigONE, more than just asset security.
Regards,
BigONE Team
16 July 2026
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