NVIDIA rStock
NVDAR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
NVDAR (NVIDIA rStock) is a synthetic/tokenized equity wrapper on the Solana blockchain tracking NVIDIA Corporation stock, reportedly issued by Remora Markets using the Token-2022 standard. The project exhibits critical structural weaknesses across all key evaluation areas. Active development and community presence are virtually non-existent, with no discoverable operational updates, repository activity, or active community governance. While supply appears fully accounted for at 1,190 units (~$226k asset value), user adoption is minimal with only 232 holders and negligible volume. Severe risks stem from opacity regarding the issuer, lack of proof-of-reserves or independent audits, absence of affiliation with NVIDIA Corporation, and inherent regulatory exposure associated with unregistered tokenized equities. No discrete protocol hacks or legal enforcement actions were identified, but the lack of transparent custodial and smart contract assurances presents severe counterparty risk.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About NVIDIA rStock (NVDAR)
NVDAR (NVIDIA rStock) is a synthetic tokenized equity asset deployed on the Solana blockchain using the Token-2022 standard. Reportedly issued by Remora Markets, the token is designed to track the equity price of NVIDIA Corporation (NVDA). The token is structured to provide passive market exposure to the underlying asset, with utility limited to subscription and redemption via USDC for eligible participants. NVDAR has no official relationship, partnership, or authorization from NVIDIA Corporation.
The token features a total recorded supply of 1,190.00 units, corresponding to a total asset valuation of approximately $226,000 based on a net asset value of roughly $190 per token. NVDAR does not offer on-chain governance mechanisms, staking features, or yield generation. User activity and market presence remain low, characterized by roughly 232 unique holding addresses and minimal transaction volume.
The project presents significant counterparty and operational risks. There are no verifiable third-party smart contract audits, published reserve reports, or custodial attestations confirming 1:1 backing of the underlying equity. Furthermore, the token operates under centralized minting and redemption controls without an identifiable legal entity or public team. While no protocol exploits or specific regulatory enforcement actions have been recorded against the token, it is subject to the broader regulatory scrutiny applicable to unregistered tokenized securities.