BlockBeats news, September 12th, tonight, Robinhood on-chain is stirring again. The meme coin FRONTIER, backed by a tokenized Anthropic 1x contract pool, launched and within half an hour its market cap quickly hit $10 million, now falling back to $7.04 million.
Additionally, ANTHROPIG, which launched this morning, also broke through $10 million in market cap before falling back, now at $9.15 million, with a gain of 78% in the past hour.
FRONTIER is inspired by Anthropic CEO Dario Amodei's latest article "We Must Pace the Frontier," in which Dario explains to the public why the AI industry should slow down and proposes a three-part plan to achieve this.
ANTHROPIG and FRONTIER are paired for trading through the Long.xyz platform with ANTHROPICx1L (tokenized Anthropic 1x Long tokenized position, provided by Lighter), and the liquidity of the token ANTHROPICx1L is currently mainly provided by Long.xyz. Long.xyz's official documentation states that the Pre-IPO market (including Anthropic) uses only an internal pricing mechanism, with no external oracles, and pricing comes from the time-weighted EMA of order book impact prices. The price anchoring of the ANTHROPICx1L token mainly relies on two paths: 1. Minting/redemption arbitrage between the DEX pool price on LONG and the vault NAV. 2. The vault NAV directly comes from Lighter's submitted and verified account status (position size + Lighter's internal mark). Therefore, Anthropicx1L tracks Lighter's internal synthetic price, rather than public spot or secondary market transaction prices.
Long.xyz is a meme coin issuance platform on the Robinhood chain, focusing on the innovative "stock meme" model that directly binds traditional meme coins with tokenized US stocks, creating a dual-driven mechanism of "sentiment speculation + real asset anchoring." The platform allows users to issue meme tokens and directly form trading pairs with on-chain US stock tokens (such as NVDA, TSLA, AAPL, etc.), rather than traditional pairings with USDT or ETH. Meanwhile, a portion of trading fees flows back to the community treasury to accumulate corresponding US stock tokens, creating a unique value capture model.
Anthropic currently has high IPO expectations, but it is difficult to go long directly in the traditional market before listing. On-chain, speculative exposure is provided through such tokenized long positions + meme pairings. This is an upgraded version of the previous gameplay involving meme pairings with stock tokens like NVDA.
BlockBeats reminds users that the prices of related tokens are highly volatile and subject to significant uncertainty, so users should invest with caution.
