Perpetuals on CryptoPunks
Wait, NFT perpetuals? Yes, that’s right! With Futureswap V4 you’ll be able to trade leveraged perpetuals on CryptoPunks and any other NFTs! This is due to NFTX’s game-changing fractionalized NFT marketplace where you can buy and sell NFTs instantly. Futureswap V4 was engineered to push the boundaries of what’s possible and what better way to kick it off than with CryptoPunk perpetuals.
All NFTs will be supported via fractionalization starting with CryptoPunks and then expanding based on what the community decides to vote in. Traders will be able to go long and short with leverage on whatever NFT they want. Not only does this add value to fractionalizing NFTs via passive fee generation, but it also improves price discovery and the integrity of the underlying NFT market.