Uniswap Founder: After Jensen Huang Scandal, On-Chain NVDA Already Priced In Over the Weekend

On November 10, Uniswap founder Hayden Adams posted on X that following the exposure of the Jensen Huang scandal over the weekend, tokenized NVDA on Uniswap achieved accurate price discovery while the US stock market was closed, with a spread of only about 15 basis points at Monday's open.

According to the attached chart, NVDA closed at $186.64 on Friday and opened at $173.04 on Monday; at the open, the on-chain spot price of the Uniswap v3 NVDA/USDG pool on the Robinhood Chain stood at $173.31, already reflecting approximately 98% of the gap.