Tensor is a Solana-native NFT marketplace that targets trader workflows: fast discovery, tight execution, and tools built for bidding, sweeping, and inventory management. It competes on speed and on the ability to act like a market maker rather than a passive buyer.
Tensor fits best for:
Tensor is less ideal for:
Tensor’s core mechanics revolve around two ways of trading:
Marketplace trading is bid-driven. Bids can be posted on collections and updated rapidly as floors shift. That structure attracts liquidity because sellers can exit instantly by hitting bids.
TensorSwap adds a liquidity layer. It allows traders to act like NFT market makers by quoting prices on both sides. When a pool buys or sells NFTs, the pool earns fees and inventory rotates.
Tensor uses a clear maker-taker model. The official fee schedule lists a 2% taker fee and a 0% maker fee. That fee model is designed to reward liquidity provision:
Royalties depend on collection enforcement.
For collections with enforced royalties, takers pay the full royalty. In effect, the buyer pays “listed price + marketplace fee + royalties,” and the seller selling into bids receives the bid amount minus the fee and royalty. Tensor also supports optional royalties where takers can choose to pay none, half, or all of the optional rate, depending on collection settings.
That enforcement is aligned with Metaplex’s MIP-1 expectations for Solana royalty enforcement. In practice, this means profitability math should treat taker activity as more expensive. Makers can often trade closer to mid-market, while takers absorb more friction.
Tensor’s UX is built for speed. It supports flows that reduce the number of decisions between identifying a collection and executing a purchase. That matters on Solana, where fast blocks and low fees can create very rapid price discovery. In a hot market, latency is the difference between a fill and a missed opportunity.
Active NFT trading is approval-heavy. A workflow that reduces repeated wallet prompts and keeps execution consistent can prevent errors, like signing transactions under time pressure or mispricing listings when repricing inventory.
Tensor highlights a subtle but important issue: the displayed price depends on who pays fees and royalties. It allows viewing prices from the maker or taker perspective. This matters because traders often compare floors across marketplaces without aligning how each one displays fees.
TensorSwap is the most differentiated component for serious users. It makes NFTs behave more like a two-sided market:
The upside is that market makers can earn fees and potentially capture spreads. The downside is inventory risk. If a collection trends down, the pool accumulates NFTs. If a collection trends up, the pool sells inventory too early.
This is not a passive yield product. It is active risk-taking.
Profitability depends on liquidity and timing. These are the main mechanisms that traders use.
Traders can place bids slightly below the floor to catch sellers who want immediate exits, then relist closer to the floor. The edge comes from quoting liquidity and earning the maker advantage rather than paying taker friction repeatedly.
Key checks:
When collections trend, sweeping floors can work, especially when liquidity is strong and social attention pushes demand. Tensor’s speed and low chain fees can support fast relisting. The risk is slippage: buying multiple items pushes the floor up and raises entry cost.
Market making is a structured way to profit from volatility. It can generate fee income and spread capture, but it also accumulates inventory in downturns.
Risk controls:
On Solana, price differences appear between marketplaces, especially when royalty enforcement differs. Traders can buy where friction is lower and sell where liquidity is higher. The edge is execution speed and discipline, not long-term valuation.
Tensor is strongest for active Solana NFT traders who want fast execution, clear fee mechanics, and the option to market-make through TensorSwap. The maker-taker model pushes serious users toward providing liquidity rather than paying it, and enforced royalties create a more predictable ecosystem for collections that opt in.
Tensor is a pro-grade Solana NFT marketplace that rewards liquidity providers through a maker-taker fee model and supports deeper trading strategies via TensorSwap. In 2026, it works best for traders who actively manage bids, inventory, and pool sizing, and who treat royalties and taker costs as first-class inputs in profitability rather than afterthoughts.
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