When Meme pairs with Nvidia, Long and Bankr move stock tokens into Launchpad.

CN
9 hours ago
Long ecological currency stock concept Meme rises against the trend, AI market value reaches 15 million USD, SPACEHOOD market value breaks 1 million USD.

Written by: KarenZ, Foresight News

If a Meme were priced with Nvidia stock tokens, what would happen?

In the past, new coins on the chain typically formed trading pools with on-chain native tokens (such as ETH, SOL, etc.), stablecoins, or launchpad platform tokens (such as Virtuals). Now, a new type of trading pair has emerged on the Robinhood Chain: one side remains as a Meme or project token, while the other side has been replaced by stock tokens such as Nvidia, Apple, Tesla, SpaceX, etc.

Therefore, a token no longer only shows "how many dollars it is worth," but can also show "how it performs compared to Nvidia."

This seemingly involves only changing a trading pair, but it actually transforms stock tokens from an asset for holding and trading into a pricing unit, liquidity asset, and fee asset in the on-chain market.

Long first brought stock tokens into the Launchpad

Long was first launched on Base in May 2025, driven by founder Nate (@Natan_benish), with early emphasis on dynamic auctions and fair issuance.

One year later, on May 28, 2026, Long announced its relaunch, summarizing its goal as "restoring value to the crypto market," and proposed two directions: reducing the platform's extraction of trading fees while connecting the on-chain market with the tokenized market. Long stated at that time that the platform only took 13% of trading fees. The 13% here is a revenue-sharing ratio, which is a different concept from the total trading fee rate paid by users.

On July 14, 2026, Long announced its launch on the Robinhood Chain, allowing users to choose stock tokens such as SPCX, TSLA, AAPL, NVDA, and then issue a new coin with the stock token as the pricing and trading pair asset.

Long also provided 24-hour on-chain protection for the new tokens, during which the names of new projects could not be reused. Additionally, official issued token addresses uniformly end with "1e18," making it easier for users to identify contracts initially.

As of July 23, 2026, the two tokens with the highest FDV on Long were:

  • AI (Artificial Inu): paired with NVDA, FDV approximately 14 million USD.
  • SPACEHOOD: paired with SpaceX stock token SPCX, FDV approximately 1 million USD.

Bankr also launched a stock pairing feature

On July 20, Bankr also launched stock token pairing features on the Robinhood Chain, supporting selection of pricing assets from over 90 types of stock and ETF tokens. Each transaction goes through the stock token side, and the fees earned by the creator are also paid in the corresponding stock tokens.

Subsequently, REALSTONK (REAL) launched by Bankr chose NVDA as the pairing asset. As of July 23, the liquidity-deepest REAL/NVDA pool corresponded to an FDV of approximately 640,000 USD.

What innovations arise when Meme starts to price with stocks?

When stock tokens are used as pairing assets, the dollar price of a Meme is determined by two variables: the exchange rate between it and the stock tokens, and the dollar price of the stock tokens themselves.

This also brings a new set of comparison standards. The market can not only pay attention to how much a Meme has increased, but also observe its price changes relative to NVDA, thereby judging whether it outperformed Nvidia or merely followed Nvidia's rise.

This design also expands the usage of stock tokens. Stock tokens, which previously primarily allowed on-chain users to gain exposure to the corresponding stock prices, are now included in trading pools to price and provide liquidity for Memes. When users trade AI/NVDA and SPACEHOOD/SPCX, they will swap with NVDA or SPCX in the pool, thus the trading activities of Memes will also bring trading and liquidity demand for the relevant stock tokens.

According to data from Entropy Advisors, stock-paired Memes have begun to drive demand for stock token trading in reverse. Entropy Advisors researcher Tom Wan stated on July 22 that more than half of the trading volume of stock tokens on the Robinhood Chain comes from trading pairs consisting of Memes and stock tokens, with Long's AI/NVDA being the largest single source of transactions. In other words, Memes here not only borrow the narrative of stock prices but also begin to bring actual trading volume and liquidity to stock tokens.

Fee distribution is also worth noting. Creators can directly receive stock tokens instead of stablecoins or platform native tokens. Thus, a community formed around Nvidia can continuously accumulate NVDA during trading; a community formed around SpaceX can accumulate SPCX. Community narratives, liquidity, and treasury assets are thus connected.

The gameplay of the Launchpad has also expanded accordingly. The same stock can derive multiple community coins: some create Memes around company culture, some express opinions on a certain industry, and some might even design tokens as on-chain experiments to "outperform a certain stock." Stocks here are both trading assets and coordinates for community organization and narrative dissemination.

Risks also exist!

Stock pricing and pairing do not provide a value bottom line for Memes, but rather allow two types of volatility to enter the same trading pool.

If the Meme itself drops significantly, holders will rush to exchange back for stock tokens. When sell orders concentrate, stock tokens in the pool may be rapidly withdrawn, causing both the price and liquidity of the Meme to decline. Just because there are quotes on the books does not mean that large positions can exit smoothly; the actual transaction price may be much lower than the price displayed on the page due to slippage.

If stock tokens drop sharply, risks will be transmitted from the pricing asset side. If the market becomes more concerned about the liquidity, custody, or redemption arrangements of the stock tokens, traders may simultaneously sell both Memes and stock tokens, and the assets originally used to absorb the selling pressure of Memes will also lose stability.

"Paired with stocks" does not mean "guaranteed by stocks." REAL and NVDA form a trading pool, which only indicates that the two tokens can be exchanged at the pool's price. REAL holders do not have the right to redeem NVDA at a fixed ratio, nor will they gain shareholder rights of Nvidia due to this. Stock tokens themselves also rely on issuance, custody, price synchronization, and redemption arrangements, and any issues in these processes can continue to be transmitted to the paired Memes.

The operational times of the stock market and the on-chain market differ, which can amplify risks during special periods. When the reference stock market is closed, on-chain trading may still continue, and the pool price may reflect news in advance or temporarily deviate from the reference price. After the stock resumes trading, concentrated arbitrage can quickly correct price differences and lead to greater short-term volatility.

Therefore, meme pairs with stocks do not face a single "Meme risk." Any change in community sentiment, stock prices, or liquidity within the trading pool can affect the final price. During stable market conditions, this structure offers a new pricing method; during a panic phase, the risks of both layers of assets may also be released simultaneously through the same liquidity pool.

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