XXRP +2x Teucrium 2x Long Daily XRP ETF

XXRP

ETF +2x BULL standard
Teucrium 2x Long Daily XRP ETF
Issuer: Teucrium · Tracks: XRP · Listed: 2025-04-07
Implied AUM
$99.4M
Last Close
$23.75
20260720
30d Avg Vol
285,803
Options
available
Realized return vs theoretical +2x XRP
Other leveraged products tracking XRP
Symbol Factor Direction Issuer Name Implied AUM 30d Vol Options
UXRP +2x BULL ProShares Proshares Ultra XRP ETF $29.6M 93,360
XRPK +2x BULL T-Rex T-REX 2X Long XRP Daily Target ETF — 2,150

How XXRP works

XXRP targets +2x the daily return of XRP — not the cumulative return over multi-day windows. The fund rebalances at the close each day using swaps or futures, which is what creates the volatility drag the chart above visualizes.

Mathematical headline: drag ≈ −0.5 × N × (N−1) × σ² per period. For a +2x product on an underlying with 25% annualized vol, expected annual drag is around 6.2%. Add expense ratio and the realized number is typically worse.

  • Short-term tactical: daily and intraday holds are where these products were designed to live.
  • Premium selling: options on XXRP carry very rich IV — see the quote page for IV rank and straddle pricing.
  • Multi-day directional: works in strong trends; gets eaten alive in chop. Use the chart above to gauge the realized vs theoretical track record.