Long launches NVDA 3x token on Robinhood Chain as AI meme briefly tops $213 million
Long rolled out LongX on Sept. 1 on Robinhood Chain, introducing NVDA 3x Long, or NVDAx3L, as its first product. The token wraps a 3x leveraged Nvidia position from Lighter into an ERC-20 format and launched alongside the demo pair DEMOTHREE/NVDAx3L. By press time, DEMOTHREE had reached a peak market capitalization of $6 million with roughly $3.2 million in trading volume. On the same day, AI, short for Artificial Inu and the first NVDA-paired meme token on Long, climbed to about $213 million in market capitalization, according to GMGN data. The article outlines how LongX works, including open minting through a vault contract, NAV-based issuance and redemption, and state-proof-based valuation submitted from Lighter to Robinhood Chain. It also details Long’s claim that fees from liquidity provision, minting, and trading activity tied to NVDAx3L will flow back to AI, while warning that the setup is "highly experimental" and that only the official demo pair is protected for now. Foresight’s report also compares Long with rivals including RobinVista, Pons, and Bankr, and highlights Community Mode as Long’s main structural differentiator. The piece closes with a review of risks tied to stock-paired meme tokens and the added exposure introduced by leveraged versions.

