NFTX
NFTX is a protocol for concentrated NFT liquidity provision, enabling users to buy, sell, and swap NFTs instantly on Ethereum, Arbitrum, and Base.
What is NFTX?
NFTX is a protocol for concentrated NFT liquidity provision, founded in 2020. Users can deposit NFTs into vaults and mint ERC-20 vTokens representing claims on vault assets, enabling instant buying, selling, and swapping of NFTs. NFTX V3 introduces its own AMM (a Uniswap V3 fork) with vToken/WETH pairs and multiple fee tiers. The protocol features ETH-based vault fees and dynamic premium fees. Users can earn yield by providing liquidity and receiving a pro-rata share of all fees generated by activity on NFTX. The platform is deployed on Ethereum Mainnet, Arbitrum, and Base.
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