Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
How Low Can TPL Really Go In A Market Crash?
This article analyzes Texas Pacific Land (TPL) stock’s performance during past market crashes to assess its downside risk. It details TPL’s drawdowns in 15 major market dislocations, comparing them to the S&P 500 and bonds, noting that TPL generally experiences deeper contractions. The article suggests that historical drawdowns are an inherent part of TPL’s profile and encourages investors to view steep contractions during growth/demand scares as baseline expectations if the underlying business thesis remains sound.