LONG, an RWA liquidity and token issuance platform on Robinhood Chain, said its protocol extension layer LONGX has launched a new product called Actively Managed Baskets. The structure lets the community hold economic exposure to leveraged long and short position combinations, packaged into spot ERC-20 tokens that can be traded in one click. The first basket, AI Nexus, is designed to go long what LONG described as AI leaders, including NVDA, AI and OPENAI, while shorting QQQ as a hedge against the broader tech sector. An accompanying image shared by the project showed long-side leverage of about 1x to 3x and 2x leverage on the short side, with support provided by Lighter. LONG also said the AI Nexus paired mode is already live on its platform. Separately, LongX plans to roll out a community-managed mode next week, under which basket composition will be decided by AI holders.
LONG, an RWA liquidity and token issuance platform on Robinhood Chain, said its protocol extension layer LONGX has rolled out Actively Managed Baskets.
According to the project, the product allows the community to hold economic exposure to any combination of leveraged long and short positions, packaged as spot ERC-20 tokens that can be traded in one click.
First basket targets AI names while hedging with QQQ shorts
The first basket under the new structure is AI Nexus. LONG said it takes long exposure to AI leaders while using a short position in QQQ to hedge tech-sector exposure.
The names shown in the project’s description include NVDA, AI and OPENAI. An image shared by LONG showed about 1x to 3x leverage on the long side and 2x leverage on the short side, with support from Lighter.
Paired mode is live, community-managed version is next
LONG said the AI Nexus paired mode is now live on LONG.
The team also said LongX plans to launch a community-managed mode next week, allowing AI holders to decide basket composition.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.