Tensor is Solana's answer to Blur, and it works for the same reason: liquidity pools mean there is a bid to hit. Traders can market-make on collections, and sellers get immediate execution rather than an open-ended listing.
The tooling
Fast, dense and keyboard-driven, with portfolio analytics, bulk actions and real-time data that suits active trading. Compressed NFT support matters on Solana, where the cheapest asset class by volume lives. For anyone treating NFTs as instruments rather than collectibles, this is the best interface on the chain.
Royalties and incentives
Royalties are largely optional, following the same competitive dynamic that played out on Ethereum. The platform's early volume was heavily driven by its points and airdrop programme, which rewarded trading activity and inflated the numbers during that period.
Fees
Around 1.4% taker fee, competitive for the liquidity provided.
Who should use it
Active Solana NFT traders. Collectors and creators will find Magic Eden's royalty position and broader coverage more suitable, and casual buyers will not need the tooling.