NVIDIA xStock

NVDAX Price

About NVIDIA xStock (nvdax)

NVIDIA xStock (nvdax) is a tokenized representation of NVIDIA Corp (NVDA) stock, enabling 24/7 global access to equity exposure through decentralized finance.

• Each token is fully collateralized 1:1 by the underlying NVIDIA stock held with a regulated custodian.
• The asset is multi-chain, operating across Ethereum, Solana, Arbitrum, and other supported networks.
• It is designed to be DeFi composable, allowing users to use tokenized equity as collateral or in liquidity pools.

What Is NVIDIA xStock

NVIDIA xStock (nvdax) is a digital instrument that brings the value of NVIDIA Corp equity into the onchain economy. It allows users to hold and trade stock exposure without needing a traditional brokerage account, bypassing geographical and time-based barriers. The token is put to work within the ecosystem as a yield-bearing or collateral asset in various decentralized protocols. This scales as more platforms integrate xStocks, creating a unified market for both crypto and traditional equities.

What Makes NVIDIA xStock Unique

• 1:1 Backing: Unlike synthetic assets, each nvdax token is backed by the actual underlying stock, providing a legal claim to its value.
• 24/7 Liquidity: It can be traded at any time on decentralized exchanges, unlike traditional markets which are limited to specific hours.
• Bankruptcy-Remote Structure: The tokens are issued via a Special Purpose Vehicle (SPV), protecting holders from the issuer's insolvency.
• Corporate Action Reflection: Dividends and stock splits are automatically reflected through an onchain rebasing mechanism.

What Can You Use NVIDIA xStock for?

• Collateralization: Use nvdax tokens as backing to borrow stablecoins or other assets in lending protocols.
• Liquidity Provision: Participate in liquidity pools on decentralized exchanges to earn protocol service fees.
• Global Transfer: Transfer equity value across borders instantly without traditional settlement delays.
• Portfolio Diversification: Combine traditional stock exposure with crypto assets in a single self-custodial wallet.

How Does NVIDIA xStock Work?

NVIDIA xStock operates through a tokenization framework where a regulated issuer purchases the underlying NVDA stock and holds it in a segregated account. For every share held, a corresponding nvdax token is minted on a supported blockchain. The system uses audited smart contracts to manage the minting and redemption process, ensuring the 1:1 ratio is maintained. Users pay protocol service fees for transactions, which are handled by the underlying network's gas mechanisms or the application's internal structure.

Team Info and Investors

NVIDIA xStock is part of the xStocks ecosystem, which is supported by a network of partners including Kraken, Bybit, and the Solana Foundation. The project is governed through a compliant legal structure aligned with EU regulations, involving regulated custodians and security agents. Major early backing and integrations have been documented with several top-tier centralized and decentralized exchanges.

Where can you buy NVIDIA xStock?

NVDAX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade NVIDIA xStock is Bybit, where the most active trading pair NVDAX/USDT has a trading volume of $761,225.85 in the last 24 hours. Other popular options include Kraken and Gate.

What is the daily trading volume of NVIDIA xStock (NVDAX)?

The trading volume of NVIDIA xStock (NVDAX) is $7,999,755.66 in the last 24 hours, representing a -16.60% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for NVIDIA xStock (NVDAX)?

NVIDIA xStock (NVDAX) reached an all-time high of $239.99 and an all-time low of $150.30. It’s now trading -19.30% below that peak and 28.80% above its lowest price.

What is the market cap of NVIDIA xStock (NVDAX)?

Market capitalization of NVIDIA xStock (NVDAX) is $32,477,445 and is ranked #597 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of NVDAX tokens (170 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of NVIDIA xStock (NVDAX)?

The fully diluted valuation (FDV) of NVIDIA xStock (NVDAX) is $182,607,598. This is a statistical representation of the maximum market cap, assuming total number of 940 Thousand ETH tokens are in circulation today.

How does the price performance of NVIDIA xStock compare against its peers?

With a price decline of -7.70% in the last 7 days, NVIDIA xStock (NVDAX) is underperforming the global cryptocurrency market which is down -4.80%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.