1.What is Sharkfin?
The Sharkfin is a structured financial product with principal protection designed to enhance investors' yields during market volatility. When the price of the underlying asset aligns with the market expectations at the time of investment, investors can achieve higher returns. Even if the price exceeds this range, investors are still guaranteed a minimum annualized rate of return.
2.Product Features
Anytime Subscription: No restrictions on investment time; interest starts accumulating at 16:00 (UTC+8).
Principal Protection: The principal investment remains safe, ensuring a minimum basic return even if market trends do not meet your expectations.
Attractive Returns: If market trends align with your initial judgment at the time of investment, you can earn enhanced returns.
No Conversion Risk: The settlement currency remains the same as the currency used for the investment.
3.Sharkfin Terminology
Knock-Out Price: The product will be knocked out and settled early when the take-profit price is reached.
Maturity Price: This refers to the average price taken 30 minutes before the maturity time.
4.Sharkfin Example
-Bullish Sharkfin
Product Parameters
Price Range: $72,000 - $93,000
Yield Range: 2.75% - 52.75%
Investment Term: 7 days
Investment Amount: 1,000,000 USDT
Scenario 1: Maturity Price ≤ $72,000
Annualized Yield = 2.75%
Profit = 1,000,000 x 2.75% x 7/365 = 527.39 USDT
Scenario 2: $72,000 < Maturity Price < $93,000
Annualized Yield = 2.75% - 52.75%
1,000,000 x 2.75% x 7/365 = 527.39 < Profit < 10,116.43 = 1,000,000 x 52.75% x 7/365
Scenario 3: Maturity Price ≥ $93,000
Annualized Yield = 2.75%
Profit = 1,000,000 x 2.75% x 7/365 = 527.39 USDT
Please note: This example is for illustration purposes only and does not represent actual future returns.
-Bearish Sharkfin
Product Parameters
Price Range: $45,500 - $61,500
Yield Range: 2.75% - 55.87%
Investment Term: 7 days
Investment Amount: 1,000,000 USDT
Scenario 1: Maturity Price ≤ $45,500
Annualized Yield = 2.75%
Profit = 1,000,000 x 2.75% x 7/365 = 527.39 USDT
Scenario 2: $45,500 < Maturity Price < $61,500
Annualized Yield = 2.75% - 55.87%
1,000,000 x 2.75% x 7/365 = 527.39 < Profit < 10,714.79 = 1,000,000 x 55.87% x 7/365
Scenario 3: Maturity Price ≥ $61,500
Annualized Yield = 2.75%
Profit = 1,000,000 x 2.75% x 7/365 = 527.39 USDT
Please note: This example is for illustration purposes only and does not represent actual future returns.
5.Sharkfin Order Guide
Step 1: Open the page and click on the Sharkfin
Step 2: Select bullish or bearish and investment currency: According to your prediction of the market, you can choose to invest in USDT or BTC to subscribe for bullish or bearish shark fin products.
Step 3: Choose a deadline. Depending on your investment preferences, you can choose a product with a suitable maturity within the range.
Step 4: Enter the subscription quantity. The minimum subscription amount is xx USDT or xx BTC. You can also choose to add a coupon (if applicable).
Step 5: Confirm the subscription. There is a one-day fundraising period after product subscription. If the subscription date is later than 15:00, interest will start at 16:00 the next day. Click "Buy Now" after reading the Risk Disclosure and Product Agreement.
Risk Warnings
Digital asset transactions contain extremely high risks, and digital assets are traded uninterrupted throughout the day. The User should determine the suitability for investing digital assets products based on their own financial situation and risk preference.
Disclaimer
This article is for informational purposes and for reference only. The content of this report does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy, to residents in the Hong Kong SAR, the United States, Singapore and other countries or regions where such offers or solicitations may be prohibited by law. Digital assets transactions can be extremely risky and volatile. Investment decisions should be made after careful consideration of individual circumstances and consultation with financial professionals. Matrixport is not responsible for any investment decisions based on the information provided in this article. Although the content in this report has been taken from sources that are believed to be accurate, no warranty or representation is made by Matrixport as to its correctness, completeness, timeliness or accuracy.