Description
NFTX is a protocol for concentrated NFT liquidity provision that allows users to instantly earn, swap, and sell NFTs. Its V3 version introduces a proprietary Automated Market Maker (AMM), a fork of Uniswap V3, which replaces Sushiswap and utilizes vToken/WETH pairs. The platform is deployed on Mainnet, Arbitrum, and Base. Key features include ETH-based vault fees calculated using vToken Time-Weighted Average Prices (TWAPs), a dynamic premium fee system, and the ability to trade NFTs as tokens, which enables fractionalized ownership of collections. Users can earn yield by providing liquidity and benefit from a redesigned swap widget for both ERC20 and NFT trades. The older V2 version of the protocol remains active and is integrated with OpenSea Pro and Reservoir.