Direxion Daily TSLA Bull 2X ETF

Single-stock leveraged funds took off in 2022, and TSLL is among the most heavily traded of them. It seeks twice the daily return of Tesla shares, so a 4% move in the stock becomes roughly 8% in the fund, achieved through swaps rather than by owning Tesla outright. Direxion resets the 2x exposure every session, which means the doubling is a one-day promise; across longer periods the compounding math and Tesla's own volatility can push results well above or below twice the stock's return. Traders reach for it to press a bullish view on Tesla with less capital, or to trade the stock's frequent big swings intraday. The flip side is that leverage cuts both ways, and a sharp drop in Tesla is magnified just as fast. Direxion launched it in 2022.

On MyRWA, TSLL trades tokenized across 7 on-chain venues - see the listings below.