Snowball Is Live: Capture Range-Bound Market Opportunities With Up to 100% APR

KuCoin Earn is pleased to announce the launch of Snowball.

What Is Snowball?

Snowball is a structured investment product launched by KuCoin Earn, suitable for users who want to capture high-yield opportunities in range-bound markets while benefiting from a price protection mechanism.

Each Snowball product comes with a predefined underlying asset, subscription currency, product term, Protection Line, Take-Profit Line, and Projected APR.

Product Highlights

1. More Gains

Snowball products offer higher APR, allowing users to enjoy high yields across different settlement scenarios.

2. More Safety

Snowball products come with lower Knock-In Prices and a lower probability of getting knocked out, helping users better manage market volatility.

3. More Variety

Users can pick from a diverse range of products and choose their preferred investment currency, including USDT or the underlying crypto asset itself.

How Snowball Is Settled

Snowball has different settlement scenarios depending on the product direction, subscription currency, and price movement of the underlying asset.

Bullish Snowball

For USDT-settled Bullish Snowball products, there are three settlement scenarios:

1. No Knock-In / Knock-Out

If the Observation Price never rises above the Take-Profit Price or falls below the Protection Price during the product term, the product reaches maturity and is settled normally.

Settlement Amount = Principal Interest

2. Knock-Out Occurs

If the Observation Price exceeds the Take-Profit Price on any given day during the product term, a Knock-Out event occurs. The product will be settled according to the actual days held.

Settlement Amount = Principal Interest calculated based on days held until Knock-Out

3. Knock-In Occurs

If the Observation Price falls below the Protection Price on any given day during the product term, a Knock-In event occurs. The final settlement amount will be calculated according to the product rules and may be affected by the price movement of the underlying asset.

For COIN-settled Bullish Snowball products, such as BTC or ETH, the normal maturity and Knock-Out scenarios are the same as above. If a Knock-In event occurs, the final settlement amount will be calculated based on the Observation Price on the Knock-In day and the Initial Price.

Bearish Snowball

For USDT-settled Bearish Snowball products, there are three settlement scenarios:

1. No Knock-In / Knock-Out

If the daily Observation Price stays within the Take-Profit Price and Protection Price during the product term, the product reaches maturity and is settled normally.

Settlement Amount = Principal Interest

2. Knock-Out Occurs

If the Observation Price falls below the Take-Profit Price on any given day during the product term, a Knock-Out event occurs. The product will be settled according to the actual days held.

Settlement Amount = Principal Interest calculated based on days held until Knock-Out

3. Knock-In Occurs

If the Observation Price rises above the Protection Price on any given day during the product term, a Knock-In event occurs. The final settlement amount will be calculated according to the product rules and may be affected by the price movement of the underlying asset.

Please refer to the Snowball product page for the final product details, including supported assets, subscription currency, product term, Protection Line, Take-Profit Line, Projected APR, subscription limits, and settlement rules.

How to Subscribe

1. Log in to your KuCoin account and go to the KuCoin Earn page;

2. Select Snowball under Advanced;

3. Choose the product whose underlying asset, subscription currency, product term, and Projected APR best suit your needs;

4. Click Subscribe and confirm the product rules;

5. Complete your subscription.

Thank you for your support!

Risk Warning:

Snowball is a structured investment product with risks. The final settlement result depends on the price movement of the underlying asset during the product term. In certain market scenarios, users may not receive the expected return and may bear partial principal loss.

Snowball products do not support early redemption before maturity. Please carefully evaluate your risk tolerance, liquidity needs, and investment objectives before subscribing.

KuCoin Earn is a risk investment channel. The information provided is for reference only and does not constitute investment advice. Users should make independent investment decisions and bear the corresponding risks. KuCoin is not responsible for losses caused by users’ own investment decisions.