Tensorswap Affected by Tensorian

    Tensor is the young upstart that has overtaken Magic Eden as the top NFT marketplace on Solana in less than a year. It allows users to buy, sell, and trade NFTs in a permissionless and trustless manner, without the need for intermediaries like centralized exchanges or auction houses. One of the unique features of Tensorswap is its focus on providing rewards to liquidity providers. Users who provide liquidity to the top 100 collections on the marketplace, based on market capitalization, are eligible for rewards through a liquidity mining program. This is similar to the reward mechanics used by other successful NFT marketplaces like Blur on Ethereum.

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    Tensorians' Overall View
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    Tensorswaps' Overall View

    This dashboard also dealt with tracking Tensorian KPIs after the launch of its NFT collection on 2023-08-08.

    In the related sections, we explore mint activity and trace secondary market parameters since the launch date. Finally, we compare the evaluated metrics to those of Tensoran Shards and other collections.

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