What Is NVDAX? How the NVIDIA Stock Token Trades On-Chain

What is NVDAX?

NVDAX is a blockchain tracking certificate for NVIDIA stocks, launched by Gate’s xStock section, issued under Solana SPL and ERC-20 token standards. It tracks the stock price of NVIDIA Corp and aims to provide users with a more convenient investment method, allowing them to participate in NVIDIA’s growth dividends through the crypto market.

Users can settle transactions of NVDAX contract products on Gate with USDT, supporting 1 – 10 times leverage for long or short positions, offering flexible operations and round-the-clock trading.

Current price and market trend

Figure:https://www.gate.com/futures/USDT/NVDAX_USDT

Currently, NVDAX is performing actively in the Gate xStock section, with its price closely linked to the real market price of NVIDIA shares. For example, in early July 2025, influenced by the company’s strong financial report and the increase in AI chip shipments, NVIDIA’s stock price rose over 3%, and NVDAX also increased simultaneously.

It can be observed in the chart that NVDAX has gradually stabilized after a brief period of fluctuation since its launch, with the price range oscillating around 150 – 170 USDT, corresponding to the spot market price of NVIDIA stocks being approximately 1500 – 1700 USD (calculated at a tokenization ratio of 1:10).

NVIDIA Recent Activity Review

• AI Accelerated Chips Continue to Lead: NVIDIA once again emphasized in its Q2 2025 report that its B200 AI chip orders are sufficient, as major cloud service providers continue to expand their purchases.
• Positive financial report: The Q2 2025 financial report shows a 46% year-on-year increase in revenue, exceeding market expectations, with a significant improvement in profit margins.
• Global expansion layout: NVIDIA announces the establishment of a second AI super factory in Europe, accelerating the expansion of the international computing power network.

These positive news directly drove NVIDIA’s stock price up, and NVDAX, as its on-chain Token, reflected the upward trend.

How to participate in NVDAX trading?

1. Register and log in to the Gate platform;
2. Recharge USDT to spot account;
3. Enter the “xStock Zone” to find NVDAX;
4. Choose to go long or short, set the leverage multiplier;
5. Place orders and control positions in real time.

Summary

NVDAX provides investors with an innovative channel to participate in NVIDIA’s stock price fluctuations, combining the convenience of the crypto market with the value of traditional financial assets. As NVIDIA continues to lead in AI, autonomous driving, and supercomputing, NVDAX is also expected to become a new favorite for on-chain investors.