TradingBeats data shows that whale address VBVIT has recently built sizable short positions in Bitcoin, Ether and XYZ100, a Nasdaq 100-related instrument. As of 17:41 Hong Kong time on Sept. 2, the address held roughly $107.5 million across the three shorts, with combined unrealized profit at about $2.4535 million. By current short-position rankings on TradingBeats, VBVIT stands as the third-largest BTC short, the eighth-largest ETH short and the second-largest XYZ100 short. The BTC leg totals about 839.45 BTC, worth around $64.3196 million, using 10x leverage with an average entry price of about $78,146.8 and unrealized profit of about $1.2809 million. The ETH short covers about 11,851.47 ETH worth around $28.1247 million at 20x leverage, with an average entry of about $2,451.97 and unrealized profit of about $934,800. The address also holds about 522.16 xyz:XYZ100 short contracts worth around $15.0916 million at 20x leverage, showing about $237,800 in unrealized profit. Overall, the address has 86 open positions, 60 of them shorts, with total short exposure of about $137 million and overall unrealized profit of about $2.6218 million. It is also the largest short on Hyperliquid for 14 U.S. stock or ETF names, including ASML, IBM, AVGO and MRVL.

Trading activity on Robinhood Chain has picked up sharply, with several tokens jumping from small caps to multi-million-dollar valuations in a matter of hours. In a roundup, Odaily reviewed the most discussed projects above the $10 million market cap threshold on two active launch venues, Pons and Long.xyz, for users who missed the earliest entries and are now looking at whether these names still have room for a second trade. On Pons, the list includes PONS, HMM, DELTA, microduck and YOLO. PONS, the platform token rather than a meme coin, rose from $35 million to nearly $500 million before easing to $440 million, while DefiLlama showed $950,000 in 24-hour revenue for the protocol. HMM turned trader hesitation into a cat-themed meme, DELTA pitched itself as a liquidity management protocol, microduck tied an open-source robot duck narrative to tokenized NVDA, and YOLO leaned on WallStreetBets culture. On Long.xyz, Odaily highlighted AI, BONER and SPACEHOOD. AI paired directly with tokenized NVDA and later became a fee-capture token inside the Long.xyz ecosystem. BONER drew attention after a rally tied to its HIMS trading pool and temporary dislocations in on-chain tokenized stock supply during the NYSE weekend closure. SPACEHOOD, paired with tokenized SpaceX stock SPCX, tracked SpaceX and Elon Musk-related themes without representing any equity claim.

SPACEHOOD, a SPCX stock-paired meme coin on Robinhood chain via Long.xyz, saw its market cap hit a new all-time high of $21 million. Currently at $15 million, the token is up 27% in 24 hours with $11.4 million in volume, ranking third on Long.xyz. The coin exemplifies the emerging 'Stock Meme' trend, combining meme volatility with tokenized real stocks.

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.

A new on-chain trading format is pairing meme coins with tokenized U.S. equities, using assets such as NVDA, GME, TSLA, HIMS and SPCX as liquidity pools for newly issued Stock Meme tokens. The activity has gained traction on Robinhood Chain through platforms such as LONG.xyz and has spread to BSC and Solana. The structure combines meme-coin speculation with exposure to the price of the underlying stock token. AI/NVDA briefly reached a market capitalization between $100 million and $190 million, while BONER/HIMS grew from several million dollars to nearly $100 million during a weekend market closure. Rabbit/WYFI exceeded $10 million shortly after launch. The arrangement also carries a significant structural risk: the meme coins do not have a 1:1 redemption relationship with the underlying stock tokens. Those tokens serve as quoted assets rather than collateral backed by fiat currency or actual shares. A decline in trading interest could leave the meme coins exposed to depegging, a sharp contraction in their premium and an abrupt withdrawal of liquidity.

Robinhood Chain is seeing a surge in stock-backed meme trading, with tokenized equities becoming the base assets for new meme pairs instead of ETH, SOL, BNB, or stablecoins. Platforms including Long.xyz, Bankr, and Pons V2 have begun supporting meme launches backed by tokenized U.S. stocks, helping push RWA activity higher on the chain. Dune data cited by PANews shows Long.xyz led the segment on Sept. 1 with more than $22.2 million in daily volume and a 72.1% market share. The BONER/HIMS case has become the clearest example of how meme demand can tighten float in a very small on-chain stock market: BONER buys route through HIMS, locking more of the tokenized stock into liquidity pools and reducing tradable supply. During a weekend market closure, that dynamic briefly pushed on-chain HIMS to about $132 while the underlying stock had closed near $29. PANews notes that the premium has mostly disappeared after the stock market reopened. The report also highlights a separate plan from crypto KOL Rune, who said he spent about $1.8 million to build a 37.4% stake in a Nasdaq-listed company and intends to tokenize that position on Robinhood Chain for a meme-linked trading experiment.

BlockBeats reported that Binance Futures will list the MARSCOINUSDT perpetual contract on Sept. 1, 2026 at 09:45 UTC, with leverage of up to 20x. The contract will have a minimum order size of 1 MARSCOIN and a minimum notional value of 5 USDT. Funding rates will be capped at +2%/-2%, settled every four hours, and the product will support multi-asset margin mode and 24/7 trading. Copy trading for the contract will be available within 24 hours of launch. MarsCoin is described as a meme token built on BNB Chain that distributes SPCXB, a tokenized stock asset, to holders.

Trader BonkGuy reveals a long-term bullish stance on MARSCOIN, holding over 2% of the token supply. The coin recently listed on Binance Futures, and BonkGuy expects a spot listing next. His position data shows a $984.8K investment now worth $1.78M, with an unrealized profit of $815.3K (82.79% return). MARSCOIN pioneers a 'Meme stock' narrative on BNB Chain, paired with SpaceX tokenized stock SPCX and offering reflection rewards.