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NFTX

NFTX

Free

NFT Marketplaces

NFTX lets users deposit NFTs into vaults to mint ERC-20 tokens that represent claims on the vault assets.

Ethereum

About NFTX

Founded in 2020, NFTX is a marketplace that enables users to create liquid markets for illiquid NFTs.

Participants deposit their NFTs into vaults and mint ERC-20 tokens (vTokens) that represent claims on the vault's assets, which can then be redeemed to obtain the underlying NFTs.

By converting non-fungible holdings into tradeable tokens, this approach unlocks liquidity, lets collectors earn yield on their NFT investments, and helps improve distribution and price discovery for NFT projects.