The $NFT Protocol facilitates a permissionless, exchange-traded fund (ETF) mechanism for non-fungible tokens (NFTs). It operates through a vault system where NFTs are deposited and a corresponding $NFT token is minted, representing the value of the NFTs within the vault. The $NFT token can be traded in the open market, and its value is pegged to the collective floor prices of the NFTs in the vault.
5.83
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142.45
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15,914.00
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27.78
5.63
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0.00
2024-12-07
2025-04-08
0
92,711.00