Tensor's website is safe from the recent Vercel incident.
Out of abundance of caution, we have rotated all environment variables (sensitive or not) that may have been affected.
The marketplace contracts are completely isolated & unaffected and your NFTs are safe 🫡
Tensor
Solana NFT marketplace and trading terminal backed by Placeholder and Solana Ventures
3.6/ 5
Our score
Good
Chains
Solana
Aggregates other markets
Yes
Token
TNSR
What is Tensor?
Tensor is a Solana-native NFT marketplace and trading terminal designed for active collectors and market makers. The platform combines standalone marketplace smart contracts with an aggregator layer, integrating TradingView price charts, collection-wide bidding, and automated market maker (AMM) liquidity pools for trading Solana digital collectibles.
Team and financial backing
Co-founders Ilja Moisejevs and Richard Wu launched Tensor after working on trading infrastructure and data-intensive systems. The project was initially bootstrapped using between $60,000 and $70,000 won across two Solana hackathons in 2022. In March 2023, Tensor closed a $3M seed funding round led by Placeholder, with participation from Solana Ventures, Alliance DAO, Big Brain Holdings, and Solana co-founders Anatoly Yakovenko and Raj Gokal at an estimated $30M valuation.
Trading mechanics and platform structure
Tensor operates non-custodial smart contracts directly on the Solana network. Traders interact through self-custodial Solana wallets. The terminal offers liquidity bonding curves through AMM pools. Because the platform aggregates orders across other Solana marketplaces, traders can sweep floors, execute batch purchases, and submit collection-wide or trait-specific bids in a single transaction. Governance and community stewardship transitioned to the Tensor Foundation in November 2025, operating alongside the native governance token, TNSR.
Track record and operational history
Tensor rolled out its private beta in June 2022 and launched publicly in July 2022. By March 2023, the platform reached more than 30,000 monthly active users and handled over $6.6M in cumulative NFT volume. In April 2024, the project launched its governance token, TNSR. During an infrastructure scare in April 2026 involving an upstream Vercel security alert, Tensor rotated its environment variables, confirming the underlying Solana trading contracts remained isolated and unaffected.
Risks and market trade-offs
Trading on Tensor exposes participants to typical NFT market hazards, including rapid liquidity dry-ups in speculative collections and volatile floor prices. Activity remains concentrated strictly on the Solana blockchain, leaving Ethereum and Bitcoin Ordinals unsupported. AMM liquidity providers also face inventory risk when floor prices decline quickly against deposited SOL.
Founders
Ilja MoisejevsCo-founder
Ten years of combined experience working on trading infrastructure and data-intensive systems.
Richard WuCo-founder
Ten years of combined experience working on trading infrastructure and data-intensive systems.
Best for:Solana NFT floor sweepersActive market makersActive collection traders
Pros and cons
Pros
- Aggregates listings across external Solana NFT marketplaces
- Built-in AMM pools support market making
- Includes TradingView price charts directly on collection trading pages
Cons
- Only supports the Solana blockchain, omitting Ethereum and Bitcoin Ordinals
- AMM liquidity providers face inventory depreciation during sharp floor price drops
Our review
3.6/5
Good
Tensor delivers specialized trading tools and liquidity pools for Solana NFTs, but it remains restricted to a single blockchain and relies heavily on ecosystem activity.
Tensor is an NFT marketplace and trading platform tailored for Solana collectors and active traders. Founded in 2022 by Ilja Moisejevs and Richard Wu, who bring backgrounds in trading infrastructure and data-intensive systems, the platform initially grew out of prize money won during Solana hackathons. The project secured $3 million in a seed funding round in March 2023 led by Placeholder, with participation from Solana Ventures, Alliance DAO, Big Brain Holdings, and Solana co-founders Anatoly Yakovenko and Raj Gokal.
Users have access to integrated TradingView price charts, automated market-making (AMM) liquidity pools, collection-wide bids, and support for compressed NFTs. It is also a Solana aggregator that helps buyers source listings across the ecosystem. By March 2023, the platform had achieved more than 30,000 monthly active users and facilitated over $6.6 million in traded NFT volume, later expanding into token governance under the TNSR token stewarded by the Tensor Foundation.
Key strengths include specialized tooling for market makers and support for compressed NFTs on Solana. However, there are trade-offs to consider:
- Activity is entirely confined to the Solana network.
- The platform's activity is tied to Solana NFT market cycles.
- Web frontends introduce operational risks, such as a necessary environment variable rotation in April 2026 following an upstream Vercel incident, although on-chain contracts remained isolated.
Tensor suits market makers and Solana collectors looking for aggregated listings.
Specs
| Chains | Solana |
|---|---|
| Focus | Collectibles |
| Aggregates other markets | Yes |
| Token | TNSR |
Not disclosed by the provider: KYC required, Marketplace fee, Creator royalties, Launchpad, Mobile app, Zero marketplace fee, Points or rewards program.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
AMM liquidity pools
Traders can create automated market maker bonding curves on Solana to buy, sell, or earn yield from bid-ask spreads.
Collection-wide bids
The platform enables single-signature bids across entire collections or custom-selected item traits.
TradingView chart integration
TradingView integration provides charting tools for Solana collections.
Solana marketplace aggregation
The interface routes and executes floor sweeps across multiple Solana NFT venues in a single transaction.
Compressed NFT support
Supports compressed NFTs on Solana.
Inside Tensor
Tensor Trade
The primary trading interface offering TradingView charts, market-making orders, collection-wide bids, and liquidity pools for Solana NFTs.
User reviews
No user reviews yet. Have you used Tensor? Share your experience below.
Funding and investors
$3MTotal raised
2Rounds
6Investors
-
Seed Mar 2023 $3M
-
Funding round Amount undisclosed
FAQ
Who founded Tensor?
Tensor was founded in 2022 by Ilja Moisejevs and Richard Wu. Both founders previously worked on trading infrastructure and data-intensive systems.
Which blockchains does Tensor support?
Tensor supports the Solana blockchain exclusively. It includes native support for Solana standards such as compressed NFTs.
Does Tensor have a native token?
Yes, Tensor uses the governance token TNSR. The token launched for trading in April 2024 and is stewarded by the Tensor Foundation.
Has Tensor suffered any security incidents?
Tensor's website experienced an upstream Vercel security incident in April 2026, after which the team rotated environment variables. The marketplace contracts were isolated and unaffected, though in April 2026 the team rotated environment variables following a third-party Vercel security incident. On-chain marketplace contracts and user NFTs remained isolated and secure.
Does Tensor aggregate other Solana marketplaces?
Yes, Tensor operates as an aggregator alongside its own marketplace contracts. This lets users view and trade listings from across the Solana ecosystem.
Latest from Tensor on X
We have big news to share!
The Tensor Marketplace will now be stewarded by the community-governed @TensorFdn.
Learn more about what this means in the thread below 👇
The Tensor Marketplace will now be stewarded by the community-governed @TensorFdn.
Learn more about what this means in the thread below 👇
Tokenized IP on Solana >>>
More tokenized collectibles are coming to Solana
Powered by Tensor
Powered by Tensor
Wall St is bullish on NFTs https://t.co/jqwN4k9Yzf
Recent public posts from @tensor_hq, shown as published. Not reviewed or endorsed by CryptoReview.
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