Tensor (TNSR) is the trading engine behind Solana’s NFT economy, powering 30,000+ collections, offering the deepest liquidity on
Solana, and processing billions in cumulative volume through its pro-grade marketplace and
AMM infrastructure. It delivers real-time execution, advanced bidding tools, bulk sweeps, and a lightning-fast UI designed for high-frequency traders.
In this article, you will learn what Tensor (TNSR) is, how its Solana-based
NFT trading infrastructure works, its tokenomics and governance, and how you can
buy or trade TNSR on BingX.
What Is Tensor (TNSR) and How Does It Work?
Tensor, Solana's leading NFT marketplace | Source: Tensor
Tensor is Solana’s leading NFT marketplace and trading infrastructure, built for both active traders and NFT creators who want speed, deep liquidity, and a professional toolset. As a trader, you get access to 30,000+ Solana NFT collections, the chain’s deepest liquidity, real-time price updates, advanced order types, market-making tools, and collection-wide bidding, all inside a high-speed, composable UI designed for high-frequency execution.
Tensor is powered by modular on-chain programs such as Marketplace, AMM, Escrow, Fees, and Whitelist, allowing any front-end to tap into its liquidity. These components operate under two protocol families: Tensor protocols, which handle high-throughput NFT trading on Solana, and Vector protocols, which extend decentralized trading to tokens across Solana, EVM, and other chains.
Beyond trading, Tensor also serves creators with an integrated collection-management hub, where they can update metadata, manage mints, or launch new NFTs using pNFTs or compressed NFTs. Traders can leverage Price Lock to long or short NFTs with just a 3–4% upfront fee, while makers can earn yields up to 500% APY by supplying liquidity.
Rewards are a core part of the experience: seasonal point programs, leaderboard incentives, referrals, and NFT-gated bonuses give users multiple ways to earn. The platform’s 10,000-member superfan NFT collection, Tensorians, unlocks additional utility, including boosted multipliers, exclusive features, and community-only perks.
All of this is governed by TNSR, the native token that lets the community vote on protocol fees, parameters, incentive budgets, and ecosystem development as Tensor evolves into a fully decentralized, community-driven trading ecosystem.
When Did Tensor NFT Marketplace Launch?
Tensor launched in July 2022 and quickly became one of Solana’s most important NFT trading venues, known for its speed, deep liquidity, and pro-level trading tools. Founded by Richard Wu and Ilja Moisejevs, Tensor grew rapidly through the 2023–2025 cycle as traders shifted toward high-performance NFT execution and real-time analytics.
Key milestones in Tensor’s growth:
• July 2022: Tensor marketplace officially goes live on Solana.
• 2023: Tensor rivals and often surpasses
Magic Eden in key volume windows, solidifying its position as a pro-focused NFT trading hub.
• 2023–2024: Tensor launches multiple Reward Seasons for traders, including Season 1–3 point programs and the major Season 4, which will conclude on December 21, 2025 at 12:00 AM UTC. These seasons became core drivers of community engagement, referrals, and early TNSR distribution.
• March 2024: The TNSR SPL token is deployed; vesting and decentralized governance begin.
• 2024–2025: Tensor expands with Price Lock, creator tools, and Vector protocols, while maintaining top-tier market share across Solana NFT trading.
• 2025: Tensor continues to rank as one of Solana’s highest-volume NFT marketplaces and a key venue for high-frequency NFT and token trading.
What Is $TNSR Token Used For?
$TNSR is the governance token for Tensor and Vector protocols. Tokenholders vote on key parameters like protocol fees, treasury decisions, and operational proposals through the Tensor DAO.
It also has real platform utility. If you hold or spend TNSR on Tensor, you can get fee discounts; for example, a discount on listings created in TNSR.
On BingX, you can trade TNSR on the
spot market by buying TNSR with USDT, then holding or selling anytime. You can also use
BingX futures to long or short TNSR if you want directional exposure without holding spot.
What Is Tensor (TNSR) Tokenomics?
TNSR token allocation | Source: Tensor Foundation docs
Tensor has a fixed total supply of 1,000,000,000 TNSR. The initial allocation is built to keep control with the community while funding long-term development:
• 55% or 550 million to the community
• 12.5% initial airdrop
• 2.3% power-user airdrop (vested)
• 27% to core contributors
• 9% to investors and advisors
• 9% reserve for future fundraising & development
This structure matches Tensor’s stated goal: community ownership plus long-term builder incentives.
Tensor Token Vesting Schedule
TNSR vesting schedule | Source: Tensor Foundation docs
Vesting started when the SPL token deployed in March 2024.
• Core contributors, investors, and advisors: 3-year linear vest with a 1-year cliff.
• Half of community treasury: 3-year linear vest, no cliff.
• Other half of community treasury + reserve: no vest.
This reduces short-term dump pressure while keeping a large liquid community float.
How to Earn Rewards on Tensor
Tensor runs one of the most active reward ecosystems in Solana NFTs. Traders, referrers, creators, and dedicated community members can all earn Tensor Points,
SOL rebates, fee rewards, and special bonuses through seasonal incentive programs. Rewards are distributed in “Seasons,” where each season introduces new ways to earn and gamified mechanics for traders.
1. Trade NFTs to Earn Points for Seasonal Rewards
How to earn points on Tensor Season 4 rewards | Source: Tensor docs
Tensor’s Seasons reward users for bidding, listing, market-making, and trading NFTs, with points distributed daily regardless of market volume. Season 4 followed the same structure as Seasons 2 and 3, allowing users to earn points through normal trading activity and compete on the leaderboard. It ran until December 21, 2025, at 12:00 AM UTC, after which points were finalized for that season’s rewards.
During Seasons:
• All eligible trades earn points based on activity.
• Wash-traded collections earn 0 points.
• Spoofed bids/listings do not qualify.
• Collections with 0% or optional royalties earn reduced points.
Even if point totals are hidden, users can still track their rank on the leaderboard. Seasonal points often contribute to airdrop allocations, referral bonuses, or future Tensor incentive programs.
2. Tensor Referral Rewards: Earn SOL, Points, and Multipliers
How to earn referral rewards on Tensor | Source: Tensor
Tensor’s referral program rewards both the referrer and the referee, and is one of the easiest ways to amplify point earnings.
Referrer Rewards: Requires At Least 1 Tensorian Staked
If you stake ≥1 Tensorian and share your referral link, you earn:
• A points multiplier on your own trading
• A percentage of points generated by your referees
• 5% of the marketplace fees generated from referee trading, paid in SOL
Referrer benefits scale with the number of Tensorians staked:
| Milestone |
Tensorian Staked |
Own Trading Multiplier |
% of Referee Points |
% of Fees (SOL) |
| Milestone 1 |
1+ |
1.10× |
10% |
5% |
| Milestone 2 |
10+ |
1.25× |
15% |
5% |
| Milestone 3 |
50 (cap) |
1.50× |
25% |
5% |
Beyond Milestone 3, scaling continues linearly until the cap at 50 Tensorians, after which rewards do not increase further.
For example, a referrer user with 10 Tensorians staked earns:
• 2,000 points from trading
• +500 points from staking bonus (1.25×)
• +750 points from a referee’s activity (15%)
• +1 SOL fee rebate (5% of referee’s fees)
Referee Rewards
New users who join using a referral code receive a permanent 1.05× points multiplier on all trading activity. This multiplier is overridden once they stake their own Tensorians:
• Not referred: 1.00×
• Referred only: 1.05×
• Staked ≥1 Tensorian: 1.10×
For example, a referred user spends 20 SOL in fees:
• Earns 5,000 trading points
• +250 bonus points from the 1.05× multiplier
3. Become a Tensorian for Exclusive Rewards and Utility
Tensorians are the 10,000-member superfan community at the center of Tensor’s ecosystem. Owning and staking a Tensorian unlocks:
• Exclusive rewards and partner perks
• Access to gated Discord channels and direct communication with the team
• Special features like Swapsorian and Stakesorian
• Exclusive drops, merch, and ecosystem benefits
• Higher referral multipliers and better point scaling
If you want to maximize rewards and referrals, becoming a Tensorian is the highest-leverage move.
4. Earn Yield with Price Lock
Tensor’s Price Lock product offers additional earning opportunities:
• Takers can long/short NFTs with a 3–4% upfront fee
• Makers can earn up to 500% APY by locking NFTs or SOL and enabling traders to take positions
Locks also earn a significant portion of trading rewards during Seasons.
5. Creator Rewards
How to earn rewards from Tensor Gib Back programs | Source: Tensor
Creators launching or managing collections on Tensor may receive:
• Listing rewards
• Airdrop eligibility
• Enhanced visibility
• Access to launchpad incentives for pNFTs & compressed NFTs
Tensor encourages high-quality creator participation, and some Seasons have dedicated creator-side bonuses.
Tensor’s fee and royalty system is designed to maximize trader efficiency, with 0% maker fees, a 2% taker fee, and royalties applied based on whether a collection enforces or allows optional payments. Traders can also switch between maker and taker price views directly in the interface, helping them better evaluate trade costs, optimize execution, and earn points more efficiently during reward seasons.
In Summary: How to Earn the Most Rewards on Tensor
To maximize rewards:
1. Trade actively during Seasons to earn points.
2. Stake a Tensorian for multipliers and referral bonuses.
3. Refer new traders to earn SOL rebates and bonus points.
4. Use Price Lock to earn high maker yields and additional points.
5. Join the Tensorians community for exclusive benefits, perks & features.
6. Keep trades organic, no wash trades, spoofing, or point farming.
Tensor’s reward system is built around real trading, real activity, and real contribution, ensuring the most active users benefit the most.
How to Buy Tensor (TNSR) on BingX
Buying Tensor (TNSR) on BingX is fast, beginner-friendly, and optimized for real-time market insights powered by
BingX AI.
Buy or Sell TNSR on the Spot Market
TNSR/USDT trading pair on the spot market powered by BingX AI insights
4. Place a
Market order for instant buy, or a Limit order to set your price.
5. Your TNSR arrives in your Spot wallet.
Tip: Start small. TNSR can move fast during Solana NFT or
alt-season rotations.
How to Long or Short TNSR on BingX Futures
TNSR/USDT perpetual contract on the futures market powered by BingX AI
If you want to trade price moves without holding spot:
2. Choose Long if you expect upside, or Short if you expect a drop.
3. Set your leverage and position size.
Futures amplify gains and losses. Use them only if you understand leverage.
Final Thoughts: Is Tensor (TNSR) a Good Investment?
Tensor is a rare case where an NFT token is backed by real trading infrastructure, not just narrative. Its pro-grade marketplace, AMM liquidity layer, and expanding Vector ecosystem make it a core part of Solana’s NFT stack. Community-heavy tokenomics and structured governance also align incentives toward long-term growth.
Still, risks are real. TNSR’s price depends on Solana NFT activity, broader altcoin cycles, and trader sentiment. Sharp rallies can reverse quickly, especially when leverage overheats. Treat it like a high-beta infrastructure token: size responsibly, watch token unlocks, and follow Solana NFT volume trends.
Related Reading
FAQs on Tensor (TNSR)
1. How to trade NFTs on Tensor
Tensor aggregates liquidity across 30,000+ Solana collections, offering real-time execution, collection-wide bids, bulk sweeps, and advanced analytics through its pro trading interface.
2. What are Tensor Reward Seasons?
Reward Seasons are limited-time point programs where traders earn points for bidding, listing, and market-making. Season 4 ended on December 21, 2025 at 12:00 AM UTC, and points often influence airdrops, bonuses, and user rankings.
3. How do I earn points on Tensor?
You earn points by placing bids, listing NFTs, market-making, trading, and participating in referral programs. Tensorians can boost points further through staking multipliers and referral bonuses.
4. Who are Tensorians?
Tensorians are Tensor’s 10,000 NFT superfans who enjoy exclusive rewards, community access, boosted multipliers, and special features like Swapsorian and Stakesorian.
5. Where can I buy TNSR tokens?
You can buy TNSR on BingX using the TNSR/USDT trading pair. Deposit USDT, search “TNSR,” and place a market or limit order.
6. Is Tensor safe to use?
Tensor is built on audited Solana programs (Marketplace, AMM, Escrow, Fees, Whitelist) and is maintained by the Tensor Foundation, with all governance changes reviewed by a 7-member Security Council.
7. How do I store TNSR tokens?
You can store TNSR securely on BingX for easy trading, or withdraw to Solana wallets such as Phantom, Solflare, or Ledger for self-custody.
8. Does TNSR have staking?
While
traditional staking isn’t live for TNSR tokens, users can stake Tensorians to unlock referral multipliers, extra rewards, and enhanced point earning during Seasons.