Injective Pro Launches BAYC NFT Floor Price Perpetuals

Injective Pro has launched the BAYC/$WETH floor price perpetuals. On Injective Pro, users will be able to go long or short on NFT collections for as little as $1, allowing more users to gain exposure to high-value assets or hedge against NFT market volatility. Injective Labs, the software development company behind Injective Pro, is said to have partnered with NFTBank, an NFT asset management service platform, to create a custom price feed for the BAYC series that validates real-time prices in the market and hosts price information through fully decentralized NFT protocol Burnt Finance.