Sudoswap: Where DeFi Innovation Meets NFT Markets

SEP 27, 2022 • 11 Min Read

Jimin

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Introduction

The epicenter of NFT trading primarily resides in highly centralized marketplaces such as OpenSea, which feature creator empowerment, order book listings, and stacked fees. Trading has centered around benefitting creators, resulting in marketplaces subjugating traders, who have subpar experiences. Traders are forced to search for cheaper services but settle for orderbooks with dispersed liquidity. In such an environment, what are the implications of introducing an on-chain AMM-based marketplace that aims to cater to all parties?

Unless you’re completely unfamiliar with the NFT marketplace, reading this so far should lead you to one project: Sudoswap. This post will look at Sudoswap’s traction, capital efficiency, and other important metrics.

1. Sudoswap Analysis

1.1 XMON vs. SUDO Valuation

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