LONG Launches Tokenized Leveraged Position Feature LongX

Foresight News reports that the RWA liquidity and token launch platform LONG on Robinhood Chain has announced via Twitter the launch of its tokenized leveraged position feature, LongX, powered by the Lighter liquidity engine. Users can hold leveraged exposure in the standard ERC20 format without actively managing perpetual contracts, as rebalancing and position management are automatically handled by the protocol. The first product, NVDA3X, offers 3x leveraged exposure to NVDA. Related transaction fees will be allocated to the AI token.