The FRAKT protocol is a DeFi x NFT protocol that makes NFTs liquid, using the Solana chain.
Factors to consider when choosing an alternative to Frakt
When comparing different NFT Lending Dapps similar to Frakt there are a few factors to evaluate including:
- Marketplace Fees
- NFT Collections
- Liquidation Risks
- Interest Rates
- Collateralization Ratio
x Apps like Frakt
To discover Frakt competitors on different blockchains, use the following filters:
Frakt
The FRAKT protocol is a DeFi x NFT protocol that makes NFTs liquid, using the Solana chain.
Solvent
Solvent is an NFT lending protocol that allows users to convert their NFTs into fungible tokens.
Honey Finance
Honey allows NFT collectors to participate in multichain DeFi.
Drops
Drops is an NFT lending service that allows users to borrow against their NFTs.
NFTfi
NFTfi is the marketplace for NFT collateralized loans.
Arcade
Arcade allows users to underwrite fixed-rate term loans using NFTs as collateral.
BendDAO
BenDAO is a peer-to-pool lending service allowing users to put NFTs up in exchange for ETH.
jpegd
The JPEG'd protocol allows users to collateralize NFTs for synthetic stablecoin.
LlamaLend
Provides liquidation opportunities for small NFT projects unavailable to collateralize elsewhere.
Pine Loans
Pine is a decentralized NFT-backed borrowing and lending protocol.
Supermojo
Supermojo is a buy now, pay later system for purchasing NFTs.
Zharta
Zharta is a peer-to-pool lending platform that allows users to lend and loan out NFTs.
Liqd
Liqd is an NFT marketplace that allows borrowing and lending of blue chip NFTs.
Stater
Stater is a marketplace lending system that allows liquidity providers to provide loans.
Furion
Furion is an NFT liquidity platform that allows users to swap and collateralize NFTs fractionally.
PawnSpace
PawnSpace is a decentralized NFT-collateral lending platform on Polygon.
Sodium
Sodium connects NFT holders to the Hybrid Liquidity market.
Fluid
Fluid allows users to borrow against, rent out, license, collectively own and trade NFTs.
Kyoko
Kyoko Finance, a cross-chain platform, facilitates GameFi NFT lending for both players and guilds.
Fungify
Fungify is a non-custodial NFT peer-to-contract marketplace and lending protocol.
Defrag
Defrag protocol insures NFTs with an instrument called a Put Option.
Taker
Taker is a liquidity protocol that allows users to liquidate and rent crypto assets.
Zumer
Zumer Protocol is a non-custodial liquidity protocol for NFTs.
Astaria
Astaria is an NFT platform that allows users to access liquidity.
Pawnfi
Pawnfi appraises and liquidates non-standard assets (NSAs).
PWN
The PWN platform allows users to put digital assets up as collateral for loans.
Revest Finance
Get instant liquidity for locked, vesting, and staked assets through Financial NFT smart vaults.
NAMA Finance
A decentralised cross-chain NFT lending protocol.
Cyan
Buy Now, Pay Later for the Metaverse.
Bailout
Bailout, an NFT lending platform, allows users to lend and provide liquidity and acquire NFT loans.
Balloon
Balloon protocol allows its users to deposit and earn interest on NFTs.
Alpha Quark
Alpha Quark is an NFT marketplace, NFT collateral lending service, and metaverse platform.
Gondi
Gondi is an NFT lending platform that helps you get cheaper and faster loans at more flexible terms.
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