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Long/Run Terminal

Everything the department tracks, in one place. Market modules are wired to real providers or they are empty — there are no illustrative numbers anywhere on this page.

$LONG // project token
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PriceAwaiting data
LiquidityAwaiting data
HoldersAwaiting data

$LONG does not exist yet. Price, liquidity and holder data appear here once the token launches and a provider is connected.

$RUN // Robinhood Stock Token
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Token priceAwaiting data
On-chain liquidityAwaiting data
Network
Robinhood Chain · Chain ID 4663
Contract
0x756Bc80af765C82da966a788858d65aDF14f3793

The quote asset for LONG/RUN. An on-chain instrument representing economic exposure to the underlying security — not ordinary equity. Awaiting market and on-chain data.

NASDAQ: RUN // underlying reference
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Last priceAwaiting data
ChangeAwaiting data
Instrument

Sunrun Inc. ordinary listed equity — the security the research covers, and the underlying the Stock Token references.

Awaiting a licensed market-data source. This project has no affiliation with Sunrun Inc. and quotes nothing without a licensed feed.

$LONG / $RUN // pair
Pre-launch
Pair$LONG / $RUN
PoolNot published

Published on the verify page the moment it exists.

Verify official addresses

LONG/RUN thesis monitor

Reviewed by hand
Last updated // 07 SEPT 2026
  • Million-home installed base

    The network exists at scale. This is the foundation everything else in the thesis is built on.

    Confirmed
    Evidence

    1,034,738 subscribers (+10% YoY); 8,732 MW networked solar

    Reviewed07 SEPT 2026
  • Storage-first transition

    Batteries are what make the fleet controllable, and the mix keeps shifting toward them.

    Confirmed
    Evidence

    74% Q2 attachment vs 70% prior year; 4.6 GWh networked storage

    Reviewed07 SEPT 2026
  • VPP capability

    Not a concept. Distributed power plant programmes are operating and dispatching today.

    Confirmed
    Evidence

    California DPP: 80,000+ homes, 110,000+ batteries, up to 425 MW

    Reviewed07 SEPT 2026
  • AI power-demand macro

    The demand backdrop is independently documented. Confirmed as a trend, not as a benefit to any one company.

    Confirmed
    Evidence

    Data centres ~4.4% of US electricity in 2023; projected 6.7–12% by 2028

    Reviewed07 SEPT 2026
  • Hyperscaler monetisation

    An announced Voltus arrangement plus a non-binding three-party framework. Real, early, and not yet material revenue.

    Developing
    Evidence

    Voltus arrangement announced; 16.8 GW framework is non-binding

    Reviewed07 SEPT 2026
  • Distributed AI compute

    Compute nodes at homes with Sunrun energy systems. A pilot, carrying no revenue expectation.

    Experimental
    Evidence

    Pilot announced July 2026 — no commercial scale disclosed

    Reviewed07 SEPT 2026
  • Subscriber trajectory

    The network must keep compounding for the infrastructure argument to strengthen. Additions are falling.

    Watch
    Evidence

    Q2 additions 19,793 (−31% YoY); solar 174 MW (−23%); storage 332 MWh (−15%)

    Reviewed07 SEPT 2026
  • Cash generation / financial execution

    Installed volumes are declining while the model still requires funding ahead of returns.

    Watch
    Evidence

    Installation volumes down across both solar and storage in Q2 2026

    Reviewed07 SEPT 2026
  • Fee economics / LONG-RUN rewards

    PAIR allocates 70% of collected LONG/RUN pool fees to the creator-directed recipient. The project is exploring ways to use a defined portion of creator-directed $RUN fee revenue for holder participation, potentially through an opt-in LONG staking mechanism. No reward system is currently active.

    Exploring
    Evidence

    1% pool swap fee; 70% creator-directed / 30% PAIR on collected fees

    Reviewed07 SEPT 2026
  • Capital costs

    The model depends on continuous external financing, and its cost is set entirely outside the company.

    Risk
    Evidence

    Capital intensity and financing dependency are structural to the business model

    Reviewed07 SEPT 2026
  • Policy environment

    Incentive and tariff changes, plus California concentration, are the two things most capable of overwhelming everything above.

    Risk
    Evidence

    Policy exposure and single-state concentration disclosed as risk factors

    Reviewed07 SEPT 2026
ConfirmedReported and citedDevelopingReal but early — outcome unprovenExploringUnder consideration — nothing builtExperimentalPilot only — may never become materialWatchMoving against the thesisRiskCould break the thesis outright

Statuses describe the state of the evidence, not a view on any security. “Confirmed” means the underlying fact is reported and cited — it does not mean the thesis is proven. Nothing here is market data, a price signal, or investment advice. This table is reviewed by hand on the dates shown — it is not a live feed.

No price, market cap, liquidity, volume or holder figure is displayed anywhere on this site until a real data source is connected