Vector Trading Volume Challenges Entire NFT Market Ahead of $TNSR S4 Airdrop

Vector, the viral SocialFi trading application built by Tensor, has done the unthinkable and flipped the entire NFT market in 24-hour trading volume.

The app’s viral success comes while Vector is still operating within an invite-only beta phase, suggesting that it may yet reach greater heights following its full public launch.

With Tensor Season 4 rewards expected to be distributed in the coming days, the team behind the trading duopoly has finally unveiled the link between Vector and the $TNSR token.

Tensor Pulls Off Timely Pivot to “High Attention Assets”

Since launching its closed beta to Tensorian NFT holders in November 2024, Vector has steadily welcomed new traders on its mission to reinvent social trading.

According to Flipside data, Vector has now crossed $400M in cumulative trading volume, boasting over 19,000 unique wallets. On peak trading days, Vector has witnessed over $20M in trading volume in Solana markets alone.

Meanwhile, NFT trading across the entire blockchain industry languishes. According to NFTpulse data, Solana witnesses around $2.28M in average daily NFT trading volume - representing just 12.45% of Vector’s average daily volume over the last 7 days.

Tensor co-founder Richard Wu asserts that ‘Social Trading’ is at the heart of what makes both NFTs and memecoins such an engaging and colorful market. While NFTs once held the torch, memecoins have undeniably become the most popular asset class on Solana, routinely commanding over 60% of DEX volume market share based on Blockworks data.

50% of Tensor, Vector Fees to Treasury - No Buybacks

After months of speculation, Tensor has finally made public the link between Vector and the protocol’s native token $TNSR. 

In a recent Tensor Foundation announcement, it was revealed that 50% of all fees generated by Vector and the Tensor NFT marketplace will be directed to treasury governed by $TNSR holders.

Community members shared mixed reactions to the news, with some social media commentators misinterpreting the announcement. Certain traders and investors have assumed that the Tensor Foundation will now be implementing $TNSR buybacks using platform fees.

Currently, there is no $TNSR buyback mechanism in place. However, Tensor co-founder Ilmoi has indicated $TNSR holders will be able to implement this feature via protocol governance.

$TNSR Up 25% Ahead of Season 4 Airdrop Claim

Markets have responded positively to Vector’s impressive performance and fee generation, which now brings increased value accrual to $TNSR through DAO-governed treasury management.

Buoyed by the announcement, $TNSR has surged 25% on a weekly time frame, rising from $0.36 to exchange hands at $0.45, based on Step Finance data.

Tensor’s Season 4 rewards airdrop is expected to go out to platform users in the coming days, with traders who claim through Vector will be eligible for a 25% bonus on their allocation. A Tensor representative has confirmed to SolanaFloor that users will not need to import external wallets into the Vector app to claim tokens.

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