Introducing @nftperp, a perpetuals futures DEX that allows you to trade blue-chip NFTs without actually owning them.

Built on top of @arbitrum, here are a few reasons why @nftperp is so vital to the NFTs moving forward.

A thread 🧵
1/

@nftperp is a Perpetuals Futures DEX that allows you to place LONG or SHORT trades to speculate floor prices of your favorite collections such as #BAYC, #CryptoPunks, #moonbirds, & more.

Utilizing a vAMM architecture, you can also apply up to 5x leverage to your trades.
2/

If speculating on the floor prices isn’t enough for you, @nftperp also gives you the option to hedge yourself against your own NFTs.

Degens like yourself can only buy low and hope to sell high.

We offer an option to hedge yourself whether in bull or bear markets. 😈
3/

The fact is, not many of us degens can afford Bored Apes.

Don’t let that stop you from taking advantage of insane NFT price action!

📈📉
4/

Best of all, @nftperp is built on top of @arbitrum.

An ultra-fast L2 solution that utilizes rollups and is perfect for dApps like @nftperp to flourish.

Also, fees on @arbitrum are super affordable (50x cheaper to swap compared to ETH mainnet). 🤯
5/

There’s no wonder that Arbitrum is also the home of many amazing DeFi and NFT communities such as @GMX_IO and @Treasure_DAO.

And Arbitrum-native NFT communities such as @smolbrainsnft and @GBlueberryClub.

This combination gives @nftperp the perfect environment to thrive.
6/

All of these amazing features are packaged into an insanely beautiful and intuitive DEX that has user experience as a #1 priority.

Leverage trading NFT collections has never been this easy & fun.
7/

Intrigued?

You should be!

@nftperp is currently holding a Paper Trading Competition that allows you to take trading NFTs for a spin without any risk whatsoever.

Best of all, there are tons of NFT prizes from @FloorDAO @Milady, @goodminds, and @nftperp up for grabs. Image
8/

You can also win an airdrop from us, too. 😉

If you want to join in on the fun, you can still sign up via Tide Protocol here -

bit.ly/3VfqnCW

Happy trading, degens!
9/

Don’t forget to join our thriving community on Discord!

We’re paving the way in the NFT Financialization space. Come and join us here -

discord.com/invite/m8DGMgf…
10/ End

These threads take some time to write.

If you enjoy what we’re building at @nftperp, please retweet this thread and give us a follow.

🤝

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More from @nftperp

Apr 4
Our why - We looked at the current NFT speculation environment and identified a few problems: (a thread 🧵)
1. Blue-chip NFTs like BAYC and CryptoPunks are far too expensive for 99% of web3 communities to get involved. Most people don’t have 80-100 ETH sitting in their wallet for buying jpegs. It becomes a “whale only” type of asset that retail investors can’t get exposure to.
2. There is no way to short NFTs at the moment. NFT traders can only buy low and hope to sell high. (and ape holders don’t have a way to hedge their position)
Read 10 tweets

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