Tensor
  • 👋Welcome
    • ⚡About
    • 🔗Links
    • 🛣️Roadmap
    • ⭐Rewards
      • 4️⃣Season 4!
      • 🤝Referrals!
      • 3️⃣Season 3!
      • 👾End of Season 2 + Tensorians are coming!
      • 2️⃣Season 2!
  • 👾Tensorians
    • 🖖Tensorians Manifesto
  • 📈TRADE
    • 🪙Fees & Royalties
    • 💻API & SDK
    • ❌Troubleshooting
      • 🙋Share an Error
      • 😭Doesn't load - what do?
      • 🔍Verify an NFT Mint
      • 🤔Weird Phantom Transactions
      • 💎Rarity
    • 🔀Get Started with Tensor's AMM
      • 🎁Buy or Bid
      • 🤑Sell or List
      • 🔁Market-Make
      • ⛔Closing an Order
      • 🛑Purchase Caps
      • 📺Video Tutorials
    • 🎲YOLO Buy
    • ↔️Shared Escrow
  • PROVIDE LIQUIDITY
    • 🤔Why Provide Liquidity?
    • 🌊How to Provide Liquidity
    • ✏️Market-Making Example
    • 🤑What APY can you expect?
    • 🛑What are the Risks?
    • ⚙️Setting up your Market-Making Order
    • 🔬Advanced Concepts
      • 📈Bonding Curves
      • ⚠️Impermanent Loss
  • 🤝Work with us
    • 🧑‍🎨Creator Portal
      • 📒Claiming or Updating an Existing Collection
      • 📖Verifying a new NFT Collection
      • 📚How to get a Creator Page?
    • 🎨Creator Partnerships
    • 🤙Contact us
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On this page
  • What is TensorSwap?
  • How is TensorSwap different from MagicEden / OpenSea?
  • How is TensorSwap different to other NFT AMMs?
  • TensorSwap is live and ready to use!
  1. TRADE

Get Started with Tensor's AMM

TensorSwap (our AMM) is like your traditional NFT marketplace but with more trade automation and advanced order types.

PreviousRarityNextBuy or Bid

Last updated 4 months ago

What is TensorSwap?

TensorSwap is kinda like an NFT marketplace, but not really.

We're an AMM - an "" (the term from DeFi), but for NFTs.

Being an AMM lets us do certain cool things that traditional marketplaces can't - read on to learn more.

How is TensorSwap different from MagicEden / OpenSea?

The main difference is that there's a lot more room for you as the user of the protocol to get paid.

Specifically, there are 2 ways you can earn using TensorSwap:

  1. You can configure your own fee 💸 (0-25%) when creating a market-making order

  2. You earn reward points ⭐️ for all kinds of activities on TensorSwap, mainly setting up orders

Read Market-Making Example to learn more about getting paid as a market-maker.

Check out Rewards for details on our rewards program.

There are a few other differences:

  • We let you set up some really cool order types, such as collection-wide bids (read Buy or Bid) and market-making orders (read Market-Make).

  • We're 100% focused on building the best UX for the NFT trader: we started off building the fastest NFT aggregator & trading venue on Solana () and we're bringing the same care and attention to detail to TensorSwap.

How is TensorSwap different to other NFT AMMs?

This means you as the market-maker get to specify both the price range you provide liquidity (200x+ more efficient liquidity) and the fees you'd like to make.

  • If you provide good prices, you earn all the fees (vs splitting it w/ other LPs). 💸

  • In general, your profit margin/APY will far exceed any passive AMM pools. 🤑

Follow this step-by-step tutorial to Market-Make today!

TensorSwap is live and ready to use!

To get started:

  1. Buy, sell, or market-make

If you'd like a bit more explanation on how each order type works, read the below:

Once you're done trading, you can close your order:

We are a .

Go to Tensor:

Search or browse for your favorite NFT collection (eg "" or "")

📈
🔀
automated market maker
Tensor Trade
concentrated liquidity AMM
www.tensor.trade
DuckPunkz
Cyber Samurais
🎁Buy or Bid
🤑Sell or List
🔁Market-Make
⛔Closing an Order