---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000855112.md"
description: "DLCs (Daily Leverage Certificates) give fixed leverage — e.g. 5x on gold, 3x on silver — on exchange, so no margin account needed, and you can never lose more than you invest. They’re exchange-listed and regulated, more transparent than OTC CFDs. A built-in “airbag” pauses trading and resets the tracked level if the underlying moves sharply against you, capping runaway losses. The catch: leverage resets daily, so multi-day returns can drift from the underlying’s actual move — they’re built for short-term trades, not holding. They’re also often restricted to qualified/sophisticated investors. Not financial advice — verify eligibility with your broker."
datetime: "2026-08-14T15:13:42.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000855112.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000855112.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000855112.md)
author: "[andrewquek531](https://longbridge.com/en/profiles/21253484.md)"
generator: "portal-rs"
---

# DLCs (Daily Leverage Certificates) give fixed leve…


### Related Stocks

- [SLV.US](https://longbridge.com/en/quote/SLV.US.md)
- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**