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Solana Projects > Tensor

Tensor

Solana's Leading NFT Marketplace

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Tensor has established itself as Solana's leading NFT marketplace, processing over 10 million SOL in trading volume through its professional-grade trading platform. The protocol combines advanced order types, real-time data feeds, and automated market maker (AMM) pools specifically designed for NFT trading. Beyond the core marketplace, Tensor offers compressed NFT support, creator tools, and a growing ecosystem including Vector - their mobile-first social trading platform. The TNSR token governs the protocol while enabling staking yields and fee sharing for the community. Tensor's infrastructure is built on battle-tested smart contracts audited by leading firms, with deep liquidity aggregated across major Solana NFT venues.

How Tensor Transformed NFT Trading

Tensor emerged in 2022 with a mission to bring professional trading infrastructure to the NFT space. While existing marketplaces focused primarily on casual collectors, Tensor recognized that as the NFT market matured, sophisticated traders would need more advanced tools and capabilities. The platform combines the ease of use found in traditional NFT marketplaces with the powerful features typically associated with cryptocurrency exchanges.

At its core, Tensor aggregates liquidity from multiple NFT marketplaces, providing traders with a comprehensive view of the market and access to the best available prices. This aggregation layer is complemented by real-time data feeds, advanced order types, and unique features like NFT-specific automated market maker (AMM) pools that enable instant liquidity for popular collections.

The platform has processed over 10 million SOL in trading volume since launch, establishing itself as the go-to venue for serious NFT traders on Solana. This success stems from Tensor's focus on building robust infrastructure while maintaining an intuitive user experience that serves both professional traders and casual collectors.

Getting Started with Tensor

Using Tensor begins with connecting a Solana wallet like Phantom or Backpack to the platform at tensor.trade. The marketplace interface presents a comprehensive view of NFT collections, with detailed statistics and real-time market data readily available. Users can explore collections through various filters including floor price, volume, and market cap.

For first-time users, Tensor offers two distinct interfaces - a simplified "Lite" mode perfect for casual trading, and an advanced view that unlocks the platform's full suite of professional trading tools. The Lite mode streamlines the buying and selling process while maintaining access to essential features like floor price tracking and collection analytics.

Trading on Tensor involves either placing instant buys at listed prices or creating custom orders using the platform's advanced order types. The platform supports bulk actions for efficient portfolio management, allowing traders to list or delist multiple NFTs simultaneously. Additionally, Tensor's integration with various Solana wallets enables seamless trading directly from wallet interfaces.

Professional Trading Features

Tensor's advanced trading capabilities set it apart in the NFT marketplace landscape. The platform offers real-time market data including price feeds, volume analytics, and depth charts that provide traders with comprehensive market intelligence. These features are complemented by advanced order types that give traders precise control over their positions.

The platform's TensorSwap automated market maker (AMM) enables instant liquidity for NFT collections, allowing traders to execute large orders with minimal price impact. This innovative approach to NFT liquidity has transformed how traders approach position management and portfolio rebalancing.

Historical price data and technical analysis tools help traders identify trends and make informed decisions. Tensor also provides detailed analytics on collection performance, rarity rankings, and market movements, creating a data-rich environment for strategic trading.

Tensor's Creator Hub

Beyond trading functionality, Tensor offers a comprehensive suite of tools for NFT creators and project teams. The Creator Hub enables project managers to launch collections, manage metadata, and track performance metrics. This infrastructure has made Tensor a preferred platform for launching new Solana NFT projects.

The Creator Hub includes features for updating collection information, managing royalties, and accessing detailed analytics about holder behavior and trading patterns. Project teams can also utilize Tensor's launchpad capabilities to coordinate primary sales and ensure smooth distribution of their NFTs.

Tensor's compressed NFT support has been particularly revolutionary for creators, enabling the minting of large collections at a fraction of the traditional cost. This technology has opened new possibilities for projects requiring massive scale, such as gaming assets or membership passes.

The TNSR Token and Tokenomics

The TNSR token serves as the governance and utility token for the Tensor ecosystem. With a total supply of 1 billion tokens, TNSR enables holders to participate in protocol governance, earn trading fee rewards, and access premium features. The token distribution is designed to align incentives between traders, liquidity providers, and long-term ecosystem participants.

Token utilities include:

  • Governance voting rights over protocol parameters and treasury management
  • Fee sharing from marketplace trading activity
  • Access to premium trading features and analytics
  • Staking rewards through various ecosystem programs
  • Trading fee discounts when using TNSR

The token distribution includes allocations for community rewards, ecosystem development, and protocol-owned liquidity, ensuring sustainable long-term growth of the ecosystem.

Security and Technical Architecture

Tensor's smart contracts have undergone extensive security audits by leading firms in the space. The platform's core trading contracts are built on battle-tested NFT standards while incorporating additional safety measures to protect user assets. Regular security reviews and bug bounty programs help maintain the protocol's robust security posture.

The technical infrastructure leverages Helius for high-performance RPC access and NFT indexing, ensuring reliable and fast execution of trades. Tensor's architecture is designed for scalability, with support for both traditional and compressed NFTs through efficient on-chain programs.

Vector: Social Trading Evolution

Vector represents Tensor's expansion into mobile-first social trading. The platform combines elements of social media with real-time trading capabilities, creating an engaging environment for traders to share insights and execute trades. Vector's intuitive interface makes complex trading activities accessible to a broader audience while maintaining Tensor's professional-grade functionality.

Future Development and Roadmap

Tensor's development roadmap focuses on expanding trading capabilities, improving user experience, and building new features for both traders and creators. Key initiatives include:

  • Enhanced analytics and trading tools
  • Expanded compressed NFT support
  • Cross-chain NFT trading capabilities
  • Advanced order types and trading strategies
  • Mobile app development
  • Integration with additional liquidity sources
  • Enhanced creator tools and launchpad features

The team maintains a transparent development process, regularly updating the community on progress and incorporating user feedback into their roadmap.

The Team Behind Tensor

Tensor was founded by Ilja Moisejevs and Richard Wu, bringing together expertise in finance, technology, and blockchain development. The founding team's background in traditional finance has influenced Tensor's focus on professional trading tools and market efficiency.

The core team has expanded to include experienced developers, designers, and product managers from both traditional finance and crypto backgrounds. This diverse expertise has enabled Tensor to build sophisticated trading infrastructure while maintaining accessibility for all users.

Contents

Note: inclusion in Solana Compass directory does not indicate a recommendation or endorsement of this project, its token(s) or its products. Data sourced with thanks from The Grid to aid in building these pages.

Project Info

Founded: July 2022

Project Assets

Tensor token icon
Tensor token (TNSR)

TNSR is Tensor's governance token on Solana, enabling voting, fee discounts, and incentives for NFT trading platform users and liquidity providers.

Address: TNSRxcUxoT9xBG3de7PiJyTDYu7kskLqcpddxnEJAS6
Documentation
Tensorians ()

The Tensorians NFT collection is a community-driven project of 10,000 unique NFTs.

Project Products

Tensor platform

Solana NFT platform with advanced trading tools, real-time data, AMM pools, and creator features for professional traders and project managers.

Launched: July 2022
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