what's nftx?
NFTX is a decentralized protocol that provides liquidity for NFTs through automated market makers (AMMs), enabling users to trade fractionalized NFT positions as fungible tokens. It allows the creation of NFT vaults or index funds that track collections like CryptoPunks or Meebits, where users can mint and redeem vault tokens backed by underlying NFTs. Key features include instant NFT swaps, yield generation via liquidity provision, and tools for discovering high-APY opportunities in NFT markets. The platform aims to make NFTs more accessible and liquid in DeFi ecosystems.
NFTX is shutting down operations, users must withdraw assets by January 31, 2026.
contract
ethereum
shutting down operations with a deadline of January 31st, 2026 for users to withdraw assets
Entire site displays no images from reliance on Reservoir's image service deleted a month ago, creating usability and trust issues.
Platform sees 107.1% surge in active users over 7-day period, demonstrating significant adoption momentum and ranking 7th among top growing projects.
New launchpad built on Uniswap v4 eliminates swap fees, diverging from 0.4% industry standard.
Protocol vaults enable $26k arbitrage profit through CryptoPunk trading, demonstrating significant market inefficiencies.
Development team of 15 that built NFTX launches Phase 2, pioneered Uniswap v4 hooks implementation with 100% trading fee revenue distribution to creators and communities.
New tax hook integration on ZAMM_DEFI enables automated market buying from vaults via Sushiswap.
Major technical catalysts incoming with Base Flashblocks implementation (200ms block times) and Coinbase Wallet integration, supported by aligned tokenomics requiring $75M FDV for team token vesting.
300% price movement in last 24 hours.
Reported to have migrated to FLAY platform.