LongX launches 3x NVDA-linked memecoin trading on Robinhood's tokenized stock blockchain
LongX launched on Robinhood's blockchain, enabling pairing of coin launches to Lighter perp tokens and 3x NVDA-linked memecoin trading. A memecoin paired against tokenized Nvidia stock ran from $1.5M to $135M market cap in a few weeks, driving 25% of all stock-linked volume on the platform.
Detected & updated continuously · Source: Nebula
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@TU_Crypto_News
Memecoin trading is becoming more sophisticated as AI-linked products gain traction. Luke Martin says AI is now Robinhood’s top-performing meme stock pair at a $139 million market cap, while LongX has launched 3x NVDA-linked memecoin trading.
@econoar
It looks like @longdotxyz will launch LongX tomorrow, which will allow for pairing coin launches to @Lighter_xyz perp tokens Volume is about to absolutely explode for Lighter on RH It's ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2
@thelearningpill
Lighter runs the fastest ZK order book in perps, but it does not have a tokenisation layer on top of it. @longdotxyz's LongX fills the gap - turning a $LIT perp position into a portable ERC-20 you can hold, LP, or trade on a DEX, while the execution stays on Lighter's book. https://t.co/LYrFxTGdhe
@IgnacioAFCMO
Robinhood built a blockchain specifically for tokenized stocks. This month, the thing driving 25% of all stock-linked volume is a memecoin paired against tokenized Nvidia stock, it ran from $1.5M to $135M market cap in a few weeks. Daily DEX volume just hit $989M. TVL doubled.