Normally a memecoin is priced in ETH
You launch a token, pair it against WETH in a Uniswap pool, and the pool price is what your coin is worth in ETH. That is what almost every launch on this chain does — and what LaunchHalflife measures.
Here the pair is a tokenized share
From around 20 July 2026, the launchpads Bankr and
long.xyz let anyone launch a token whose liquidity is
denominated in a Robinhood Stock Token instead — so a coin trades
against NVDA or GME rather than against ETH.
The shares sit locked in the pool as collateral.
So the stock records volume it never chose
Every swap in that pool moves the share token, and any counter that looks for "a tokenized stock changed hands" counts it. The buyer was never expressing a view on Nvidia. That byproduct is what this site separates out — it is real trading, of something else.