3X Short Tezos Token (XTZBEAR) is an ERC20 token which seeks a return that corresponds to -3 times the daily return of Tezos.
FTX Leveraged tokens are ERC20 & BEP2 tokens that have leveraged exposure to crypto. Using ETHBULL, a 3x long ETH token as an example, for every 1% ETH goes up in a day, ETHBULL goes up 3%; for every 1% ETH goes down, ETHBULL goes down 3%.