Understanding Dual Investment
Dual Investment is an innovative crypto product that allows users to buy or sell cryptocurrencies at predetermined prices while earning regular yields. By selecting a crypto pair (such as BTC/USDT or ETH/BTC), investors can potentially earn returns in either cryptocurrency depending on market movements at settlement.
How Dual Investment Works
When the product settles, users either:
- Successfully buy/sell crypto at their target price while earning interest in the settlement currency (if market price reaches target level)
- Receive their original subscription amount plus interest in the same cryptocurrency (if market price doesn't reach target)
Settlement Scenarios Explained
High-Price Selling Strategy
| Settlement Scenario | Payout Calculation | Settlement Currency |
|---|---|---|
| Expiration price < target price | Subscription amount × (1 + forward rate) | Base crypto |
| Expiration price ≥ target price | Subscription amount × Target price × (1 + forward rate) | Quote currency |
Example: Selling BTC at high price
- Subscription: 10 BTC
- Target price: $58,000
- Forward rate: 0.2%
Potential outcomes:
- If BTC < $58,000 at expiration: Receive 10.02 BTC
- If BTC ≥ $58,000 at expiration: Receive 581,160 USDT
Low-Price Buying Strategy
| Settlement Scenario | Payout Calculation | Settlement Currency |
|---|---|---|
| Expiration price > target price | Subscription amount × (1 + forward rate) | Quote currency |
| Expiration price ≤ target price | (Subscription amount/Target price) × (1 + forward rate) | Base crypto |
Example: Buying BTC at low price
- Subscription: 10,000 USDT
- Target price: $50,000
- Forward rate: 1.24%
Potential outcomes:
- If BTC > $50,000 at expiration: Receive 10,124 USDT
- If BTC ≤ $50,000 at expiration: Receive 0.20248 BTC
Key Terms Defined
- Base Crypto: The underlying cryptocurrency you're buying/selling
- Quote Currency: The currency in which your base crypto is priced
- Target Price: Reference price compared to settlement price
- Expiration Price: Average index price between 7-8 AM UTC on expiration date
- APR (Annual Percentage Rate): Estimated annual interest earnings
- Forward Rate: Actual interest earned during product duration (APR × duration/365)
👉 Discover how Dual Investment can grow your crypto portfolio
Frequently Asked Questions
1. Can I redeem before expiration?
Yes! BTC/USDT and ETH/USDT products with durations >2 days support early redemption. Other pairs currently don't support this feature.
2. When can I exchange my order?
Orders become exchangeable 24 hours after interest accumulation begins and up to 24 hours before expiration.
3. When are yields deposited?
Completed redemptions are typically credited to your funding account by 8:30 AM UTC the following day, though some cases may take up to 24 additional hours.
4. Does early exchange cause losses?
Early redemption amounts may be less than your initial subscription. You'll only receive the crypto you invested (BTC investments redeem in BTC, not USDT).
Strategic Considerations
The target price and duration are correlated parameters:
- Higher yield products have greater conversion probability
- Investors should choose based on individual risk tolerance
- Wrapped cryptos (BETH, OKSOL) use their staked crypto's index price (ETH, SOL) for calculations