nftperp
Version one closed; the second attempt was later sunset
A decentralised exchange for leveraged long and short perpetual futures on the floor prices of blue-chip NFT collections.
- Capital raised (announced)
- Estimated
Recorded announced backing; this is separate from cash received, customer deposits and money recovered.
Funding
| Round | Date | Announced | Investors |
|---|---|---|---|
| Seed | 2022 | Not disclosed | |
| Series A | 2023 |
Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.
People
| Name | Role | Period | Now | Last checked |
|---|---|---|---|---|
| Joseph Liu | — | Co-founder and product, @pacifica_fi, a perpetual-futures exchange; adviser to Orbio | Oct 2026 |
Timeline
July 2023
It was shut in anticipation of a second version combining an order book with an automated market maker.
10 May 2025
Read the full post
Dear nftperp Community, After an incredible three-year journey, we’ve made the difficult decision to sunset nftperp. This isn’t a decision we take lightly. From the beginning, our mission was to bring innovative trading infrastructure to the NFT space—and we’re proud of the product we built, the milestones we reached, and the amazing community that grew alongside us. Your support, feedback, and belief in our vision have meant everything. Unfortunately, the current state of the NFT market has made it increasingly difficult to sustain our operations. NFT trading volumes remain low, limiting the platform’s ability to generate meaningful revenue. Coupled with a lack of new funding opportunities, continuing development and maintenance of the platform is no longer viable. We’re deeply grateful to every user, supporter, and builder who joined us on this journey. While this chapter is coming to a close, we remain hopeful about the future of crypto innovation and the talented community driving it forward. Thank you for being a part of our story. With appreciation, nftperp team
How it ended
Ran out of money
The team announced the sunset of nftperp on 10 May 2025. It wrote that NFT trading volumes remained low, limiting the platform's ability to generate revenue, and that with a lack of new funding opportunities, continuing development and maintenance was no longer viable.
Still alive
Open spot
nftperp is gone. Is your derivatives exchange still running?
Spotlight your project here.
Sources
7 sources behind this page.
- 1NFTPerp — project fundraising profile · CRYPTO fundraising (specialist database) · user-editable
- 2DeFi protocol that lets traders speculate on NFT prices raises $3m · DL News · Dec 2023
- 3NFT Perpetual Futures DEX Platform NFTperp Secures $3M Series A led by 1kx · NFTgators
- 4nftperp on X: most recent posts, including the 10 May 2025 sunset notice · nftperp (project X account, retrieved through twitterapi.io after the shutdown) · May 2025
- 5@pacifica_fi profile · X, retrieved via twitterapi.io
- 6@The0xJose profile · X, retrieved via twitterapi.io
- 7nftperp posts naming its founder, 2023 to 2024 · X, retrieved via twitterapi.io · Mar 2024
Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.