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nftperp.xyz Profile picture
nftperp.xyz
@nftperp
Perpetual futures DEX for NFTs. Learn More - https://t.co/mniC3PaHOG Join Discord - https://t.co/zGo8sPQhtY
Oct 12, 2022 • 11 tweets • 7 min read
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.
Apr 4, 2022 • 10 tweets • 2 min read
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.