JUST IN: Derivatives Exchange Injective Pro Launches Bored Ape NFT Floor Price Perpetuals
During the last year, the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has become one of the most popular NFT projects. After weeks of a continuous rise in value, the current floor price for a single Bored Ape NFT is 130 ether or $382K. Following the floor price rise, the decentralized derivatives exchange Injective Pro has revealed an NFT floor price perpetual market. Injective Pro Lists NFT Floor Price Perpetuals On Thursday, Injective Pro, the decentralized derivatives exchange built on Injective network, announced the launch of a NFT floor price perpetual market. The team believes that offering floor price perpetuals, lowers the barrier to entry in terms of popular and expensive NFT collections such as BAYC. “[Floor price perpetuals enable] retail users to trade based on the floor price of NFT collections, without actually having to hold custody of the NFT itself,” the trading platform explained. Bored Ape Yacht Club (BAYC) is one of the most expensiv
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