LongX Expansion Powered by @Lighter_xyz is now live with NVDA3x spot leverage token and its first demo pair. Over the past few hours we’ve stress tested the system with over $200K in volume, making sure minting, redemptions, pairing and secondary DEX liquidity are all working in tandem. How does it work? 1. NVDA3x wraps an NVDA 3x leveraged position on Lighter into an ERC20 2. We’ve launched an initial demo pair as we prepare to roll out full open pairing mode 3. Users can swap directly through the DEX pool or mint/redeem through the LongX contract 4. You can also mint NVDA3x first and then swap into pair or swap from the demo pair into NVDA3x and redeem on contract 5. The NVDA3x demo pair trades like any other pair on LONG 6. Fees generated from NVDA3x LP activity, minting and pair activity accrue back to $AI What’s next? We will actively monitor market stability today. Based on the results, we may open full pairing mode where anyone can pair with the NVDA3x spot ERC20. We are planning to aggressively scale liquidity and add more leveraged spot assets over the coming days. NOTE: The official demo pair is located on the LongX page. Any other NVDA3x pairs will not be unsupported. Please trade extremely carefully as the system is still experimental. We will post updates on our X account as the rollout progresses. LONG.