What is ADA3S?

ADA3S is a cryptocurrency leveraged token designed to provide three times the daily inverse returns of the Cardano (ADA) price. Specifically, when the ADA price falls by 1%, the Net Asset Value (NAV) of ADA3S is theoretically expected to rise by 3%. Conversely, if the ADA price rises by 1%, the value of ADA3S will fall by 3%. These tokens are perpetual products with no fixed settlement date, but they maintain their target leverage multiple through a daily rebalancing mechanism.

Operational Mechanism and Inherent Risks

Leveraged tokens achieve their leverage effect through complex financial derivative strategies, such as perpetual contracts. They are regularly rebalanced (usually daily) to ensure the leverage multiple remains at the target level. However, this mechanism also introduces the risk of compounding effects, especially during periods of high market volatility or prolonged consolidation, which can lead to the erosion of the token's value, known as "decay." Therefore, leveraged tokens like ADA3S are generally not suitable for long-term holding and are more appropriate for short-term traders engaging in speculation.

Market Performance and Exchange Dynamics

As of October 24, 2026, the price of ADA3S is approximately 0.4479 USDT. In the past 24 hours, its price has fallen by about 6.50%; it has risen by approximately 6.42% in the past week; and it has fallen by approximately 28.45% and 51.79% in the past month and year, respectively. Its all-time high was 12.0660 USDT (October 9, 2025), and its all-time low was 0.0001 USDT (March 17, 2021). In terms of trading volume, the Bitrue platform once recorded a 24-hour trading volume of 55.19K. It is worth noting that KuCoin delisted the ADA3S/USDT trading pair and ceased redemption services on November 26, 2025, at 01:30:00 (UTC). ADA3S was listed on Gate.io on November 12, 2020, and on KuCoin on May 20, 2021. Trading leveraged tokens involves significant risks and can lead to substantial losses. Investors should fully understand their operating principles and potential loss risks before trading, and can verify the latest prices and project information on market platforms such as Svmuu.

What is ADA3S? An Analysis of Cardano's Triple Bearish Leveraged Token

Underlying Asset: Cardano (ADA)

The value of ADA3S is closely tied to the performance of Cardano (ADA). Cardano is an open-source proof-of-stake (PoS) blockchain network designed to provide a secure, scalable, and sustainable platform for decentralized applications and smart contracts. ADA is the native token of the Cardano network, primarily used to pay transaction fees, stake to maintain network security, and participate in on-chain governance. As of October 24, 2026, ADA has a total supply cap of 45 billion tokens, a circulating supply of approximately 36.81 billion tokens, a market capitalization of approximately 7.8 billion to 7.95 billion USD, and a current price of approximately 0.21 to 0.2152 USD. ADA's all-time high was 3.10 USD (September 1, 2021).

How to Acquire

Due to the unique nature of ADA3S and delisting announcements from some trading platforms, its trading activity may be affected. It can be traded on platforms that still support the coin; please verify its listing status before trading.