# Cube Tokens **Cube tokens** are decentralized leveraged tokens. A frontend is available at [cubes.fi](https://cubes.fi). **They're a simple way to get leveraged exposure to a variety of tokens without risk of liquidation**. Currently ETH, BTC, AAVE, LINK, UNI and YFI are supported. The design makes it simple to add support for more tokens in the future. Cube tokens like **cubeBTC** roughly track `BTC price ^ 3` while inverse cube tokens like **invBTC** roughly track `1 / BTC price ^ 3`. This means that unlike FTX or Binance leveraged tokens, rebalancing occurs continuously. Being a pool, it's a *zero sum game*, apart from protocol fees. This means it's completely fair for all cube token holders. Other leveraged tokens can suffer from issues such as volatility drag or having their rebalances frontrun, which extracts value from leveraged tokens. Please note the following caveats. 1. **Performance is relative to other tokens.** If BTC goes up 1%, cubeBTC could theoretically still go down if the rest of the pool goes up by more than 1%. 2. **The level of leverage won't be exactly 3x.** It can vary a lot and could easily be 1.5x or 4x for example. If lots of people have bought the same cube token, it becomes diluted and the leverage will be lower for that cube token. The potential upside is also capped by the amount available in the rest of the pool. If the pool share of your cube token is really high (say > 40%) you could consider selling it as the potential upside might be lower than the possible downside. 3. **The code is unaudited.** Do not deposit more than you're willing to lose. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://learn.charm.fi/charm/previous-products/cube-tokens.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.