Watch your earnings soar with Seagull

Enjoy higher earnings in a dynamic market, where flexible terms are customized to align with your risk appetite
Seagull structured product lets your crypto earnings soar
FAQ
What are the settlement rules?

The settlement amount of Seagull is calculated by comparing the expiration price, benchmark price, conversion price, and the maximum interest price. Based on the result of this comparison, the final interest rate is determined.

Here's how we calculate the settlement amount:

1. Bullish Seagull, invest in USDT
Bullish BTC/ETHCurrency of settlement
Expiration price > Conversion priceSubscription amount x (1 + Term rate)USDT
Expiration price ≤ Conversion priceSubscription amount × (1 + Term rate) / Conversion priceBTC/ETH
2. Bearish Seagull, invest in BTC/ETH
Bearish BTC/ETHCurrency of settlement
Expiration price < Conversion priceSubscription amount x (1 + Term rate)BTC/ETH
Expiration price ≥ Conversion priceSubscription amount x (1 + Term rate) x Conversion priceUSDT
When will I get my earnings?
The product will be settled on the expiration date at 10:00 UTC and the funds will be sent to your Funding account.
Is Seagull a principal-protected product?
No, Seagull is not a principal-protected product. If the price trends against your expectations and expires (1) equal to or above the conversion price for Bearish Seagull or (2) equal to or below the conversion price for Bullish Seagull, your principal will be converted at the conversion price. This price will be worse than the prevailing market price, resulting in potential losses.
Can I redeem early?
No, Seagull does not support early redemption.
Is it always better to choose high-return products?
No. If a product offers higher returns, there's also a higher chance it may end with a currency conversion at a worse rate than what the prevailing market could offer. Investors should carefully choose products based on their preferences.