TNSR Tensor Rank #979 $0.0315 ▼ 1.16%

Tensor (TNSR) is the governance token for the Tensor protocol, which underpins two products operating within the Solana ecosystem. The token grants holders influence over the underlying protocols and entitles the treasury to a share of the fees generated by both products. Tensor itself is a non-fungible token marketplace launched on Solana in 2022. It became the dominant venue for Solana NFT trading by prioritizing professional traders, offering real-time market data, advanced charting tools, and a high-speed terminal-style interface. Vector is the companion product—a social trading platform that quickly scaled to substantial annualized trading volume and a large active user base shortly after launch. TNSR functions as the connective governance and revenue-capture layer between the two platforms, with a defined share of protocol fees from Tensor and Vector directed to its treasury. It is categorized as an NFT marketplace token within the broader Solana ecosystem.