NVDAX is issued by Backed Assets (JE) Limited; NVIDIA Corporation is the underlying company to which the product corresponds. The Final Terms clearly distinguish these two entities. This issuance structure means that NVDAX is a tokenized security product provided by the issuer and based on NVIDIA as its underlying. To determine product rights, restrictions, and applicable conditions, consult the issuer's base offering document and the Final Terms for NVDAX rather than treating NVIDIA Corporation's corporate information as product terms.

NVIDIA xStock Price in USD Today, Live Market & Historical Trend Chart

Q: What is NVIDIA xStock?

NVIDIA xStock, ticker NVDAX, is a tokenized security product with NVIDIA Corporation as its underlying company. Users hold an on-chain product issued by the issuer to obtain on-chain market exposure related to the underlying security; this is not the same as directly holding common stock on NVIDIA Corporation's shareholder register. It is important to distinguish these two layers: NVIDIA Corporation is the underlying company, while NVDAX is a product that references that underlying. Events affecting the underlying company may influence the relevant market price, but the product should not therefore be described as a crypto asset or common stock directly issued by NVIDIA.

Q: What underlying asset does NVDAX correspond to?

The underlying of NVDAX is NVIDIA Corporation. Here, “corresponding to” means that the product provides exposure based on NVIDIA-related securities; it does not mean that the token itself is NVIDIA stock. The product issuer and the underlying company are not the same entity. Therefore, when assessing NVDAX, two types of factors need to be distinguished: one is the market performance of NVIDIA-related underlying securities, and the other is the trading, availability, and product terms of the tokenized product itself. The former does not automatically eliminate the limitations or risks posed by the latter.

Q: How is NVDAX supply created?

The xStocks product page describes this type of on-chain stock product as being backed 1:1 by the respective underlying security. For NVDAX, this indicates that its product design is based on support from the corresponding NVIDIA underlying security, rather than explaining its value basis through mining, validator rewards, or a preset maximum supply as is common with crypto assets. 1:1 backing does not mean that the sources disclose a fixed total supply, current circulating supply, issuance frequency, or redemption process for holders of NVDAX. These specific parameters and processes are subject to the applicable legal documents and product terms and cannot be inferred from “1:1 backing” alone.

Q: What should I note when using or holding NVDAX?

Before holding or using NVDAX, first confirm whether your location and personal status meet the product's availability requirements. The xStocks product page explicitly states that the product is not offered to the United States or U.S. persons and is subject to geographic restrictions; being able to see the relevant token on a platform does not mean users in that region are automatically permitted to use it. Second, treat NVDAX as a tokenized product with underlying security exposure, not as directly holding NVIDIA common stock. Its value may fluctuate with the relevant underlying market and trading conditions, and the product page advises reading the risk disclosures, base offering document, and relevant Final Terms; these documents are the basis for understanding the specific rights, restrictions, and risks.

Rank 407

$185.61

-$12.69(-6.40%)

Market Cap

$50.69M

24h High

$200.10

24h Low

$179.35

24h Turnover

$387.98K

Total Supply

1.08M

Market Sentiment

Neutral

Price of NVIDIA xStock (NVDAX) Today in USD

View NVIDIA xStock (NVDAX) Price Prediction

The live price of NVIDIA xStock (NVDAX) today is $185.61, with a 24h change of -6.40%. Over the same period, the low was $179.35, the high was $200.10, and the 24h trading volume was $387.98K. The current market cap is approximately $50.69M. It ranks #407 by market cap and accounts for 0.00% of the total crypto market cap. The all-time high was $243.52 (⁦2026-10-06⁩); the current price is -23.78% from the all-time high.

NVIDIA xStock (NVDAX) Price History

7 Days
-9.68%
Low
$179.35
High
$211.08
30 Days
-22.07%
Low
$179.35
High
$238.51
90 Days
-17.43%
Low
$179.35
High
$243.52
1 Year
-2.01%
Low
$163.26
High
$243.52

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 50; Normal
Last Week: 30; Fear
Last Month: 71; Greed

The Fear & Greed Index is currently 28/100, in the Fear zone; change from yesterday: -22, from last week: -2, and from last month: -43. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did NVIDIA xStock (NVDAX) Fall in the Last 24 Hours?

NVIDIA xStock is a Solana tokenized asset that tracks NVIDIA shares, so weakness in the underlying stock can affect its price. Coverage linked pressure on chip stocks to concerns after the U.S. midterm elections: the winner of the Texas governor’s race had proposed pausing approvals for data-center construction in the state. Those policy concerns, alongside the narrative of rising AI infrastructure costs, provide market context but do not establish their precise effect on NVDAX. In the 2026-11-05 order-book snapshot, the top-five-level bid-to-ask depth ratio was 1.70, indicating heavier bids; however, hourly volume was about 40.856 units, pointing to thin liquidity. Local orders could therefore change quickly, and limited trading may have a larger effect on price. The same snapshot showed an oversold 1-hour RSI with elevated ADX, indicating persistent downward momentum; the 4-hour and daily RSI readings were also oversold. These indicators do not ensure a rebound, and signals differed across time frames.

About NVIDIA xStock (NVDAX)

NVIDIA xStock (NVDAx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. NVDAx tracks the price of NVIDIA Corp (the underlying). NVDAx is designed to give eligible cryptocurrency market participants regulatory-compliant access to the stock price of NVIDIA Corp, whilst maintaining the benefits of blockchain technology.

Use Cases and Features

NVIDIA xStock (NVDAX) is an onchain tokenized security tied to NVIDIA Corporation, providing users with onchain market exposure related to that underlying security. It is part of the xStocks product suite and can be held and transferred as an onchain asset; its price and value change with the market, and the product is subject to regional availability restrictions and investment risks.

Supply and Issuance Mechanism

NVDAX is issued by Backed Assets (JE) Limited, and its product documents define it as a tokenized security with NVIDIA Corporation as the underlying asset. xStocks states that such products are backed 1:1 by the corresponding underlying securities; therefore, its supply changes with product issuance and supporting-asset arrangements rather than following a conventional cryptocurrency issuance model with a preset fixed cap.

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How to Buy and Use NVIDIA xStock (NVDAX)

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Est.30-Day APR

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NVIDIA xStock (NVDAX) Basics & Market Insights

Fundamentals

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

What Is NVDAx? A Complete Guide to Nvidia Tokenized Stock: How It Works and On-Chain ApplicationsBeginner

Stage 2: What Is the xStocks Product Lineup? An Analysis of SPYx, AAPLx, TSLAx and the Tokenized Securities Market.Beginner

Market Analysis

NVIDIA RTX Spark Chip Ignites Market Rally: NVDAX Surges 4% Today—Is It Still Worth Chasing?Analyze the key drivers behind NVIDIA stock token prices, on-chain trading mechanisms, and market performance to help you seize investment opportunities.2026-06-02

Nvidia Earnings Exceed Expectations: How Is Gate Stock Token NVDAX Performing?NVDAX on the Gate platform offers a flexible investment channel that not only captures NVIDIA’s fundamental growth momentum but also allows investors to take advantage of 24/7 trading to get ahead of earnings reports and major macro events.2026-05-21

Gate Stock Tokens Update: NVDAX Hits $240, Sets New All-Time HighNVDAX Hits $240, Setting a New All-Time High. NVIDIA Tokenized Stock Surges as Demand for AI Computing Power Continues to Rise. Stay updated on the latest trends and trading strategies at Gate.2026-05-15

Frequently Asked Questions About NVIDIA xStock (NVDAX)

What is NVIDIA xStock?

What underlying asset does NVDAX correspond to?

How is NVDAX supply created?

Who issues NVDAX?

What should I note when using or holding NVDAX?

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

The information provided on this page is for general reference only and does not constitute any form of investment, financial, legal, tax, or trading advice, nor does it constitute any offer, solicitation, or recommendation. Gate makes no representations or warranties regarding the accuracy, completeness, or timeliness of the relevant information and assumes no liability for any losses arising from users' own decisions based on such information. Gate products and services may be restricted in certain jurisdictions or for certain users. Before using the relevant services, please ensure compliance with applicable laws and regulations, and refer to the User Agreement for provisions regarding restricted regions and service limitations.