Solvent is a platform that uses Solana blockchain to provide instant liquidity for non-fungible tokens (NFTs) by converting them into fungible tokens called droplets. The droplets can be traded on Serum orderbooks and integrated with other DeFi protocols to enable use-cases such as lending, collateralized loans, and perpetual swaps on NFT assets. The Solvent platform also provides instant price discovery and liquidity, which is not possible in the traditional sale or auction-based mechanism for NFT trading. Solvent plans to onboard Ethereum NFTs, release a public SDK, and enable floor perpetual swaps for NFT projects.
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