As with all investments, there are risks associated with Binance leverage tokens.

There is always a risk that the value of any investment, including Binance leverage tokens, can become zero (0) and cannot not be recovered due to inherent market risks, high fees, slippage, rebalance algorithm frontrunning and any other perceived unknown risks associated with Binance Leveraged Tokens.

Also, remember that leverage trading, including Binance leverage tokens, are NOT invented for long term investments because of the volatility decay.

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Source: https://www.cryptocointrade.com/crypto-trading-blog/binance-leverage-tokens-explained-trade-up-to-3x-with-no-risk-for-liquidation/