Binance Leveraged Tokens are tradable assets in the Binance spot market that provide leveraged exposure to the underlying asset. Each token represents a basket of perpetual contract positions, with the token price tracking the change in notional amount and leverage level. Before trading or participating in any Binance Leveraged Tokens products, please read and understand the Binance Leveraged Tokens Risk Disclosure Statement to be aware of the associated risks. By accessing and using Binance Leveraged Tokens, you acknowledge and agree to do so at your own risk.