Convert and Swap Tensor TNSR to United States Dollar USD
TNSR/USD: 1 Tensor equals $0.45 USD
Tensor (TNSR) is not tradable on Coinbase.
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Last update: 12:30 PM, December 22, 2024
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Tensor is falling this week.
The current price of Tensor is $0.45 per TNSR. With a circulating supply of 125,000,000 TNSR, it means that Tensor has a total market cap of $56,832,373.87. The amount of Tensor traded has fallen by $3,200,429.40 in the last 24 hours, which is a 16.87% decrease. Additionally, in the last day, $18,967,445.72 worth of TNSR has been traded.
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About Tensor
The Tensor Protocol is an autonomous protocol on Solana that NFT marketplaces can use to access deep liquidity and connect their users with other NFT traders. Tensor.trade, the leading NFT marketplace on Solana, is built on the Tensor Protocol. TNSR is the governance token of the Tensor Protocol. TNSR holders can vote on proposals pertaining to the protocol’s development, including the use of the community treasury.
Tensor (TNSR) is a prominent player in the Non-Fungible Token (NFT) marketplace, specifically within the Solana blockchain ecosystem. It aims to provide a fast and professional NFT trading experience, offering a wide range of the latest NFT projects on Solana. The Tensor Foundation facilitates community-led governance over Tensor protocols and seeks to develop the Tensor ecosystem. The $TNSR token, with a total supply of 1 billion, plays a crucial role in this ecosystem, enabling community members to manage key parameters of the Tensor protocols and get discounts when trading on Tensor protocols.
Tensor operates through a series of protocols that facilitate the trading of NFTs on the Solana blockchain. These protocols include the Tensor Marketplace, Tensor Automatic Market Maker (AMM), Tensor Price Lock, Tensor Escrow, and Tensor Whitelist. The $TNSR token is used for governance, allowing token holders to manage key parameters of the Tensor protocols. The governance process involves three steps: research forum discussion, Realms tokenholder voting, and a security council review & execution. The Tensor protocols have been audited for security and are in the process of being made open source.
Tensor aims to serve as a critical trading infrastructure for NFTs built on Solana, a blockchain known for its throughput, speed, and low fees. It seeks to facilitate permissionless trading of NFTs, providing a platform for NFT collectors and traders to engage in transactions. The $TNSR token can be used by holders to get discounts when trading on Tensor protocols, and if the listing is created in $TNSR, the protocol fee is reduced. Furthermore, the Tensor Foundation aims to use the $TNSR token to facilitate community-led governance over Tensor protocols, allowing token holders to vote on key parameters and proposals.
Tensor was launched in July 2022 and quickly gained momentum for offering a fast and professional NFT trading experience on Solana. In less than a year, it rose to the top spot as the largest NFT marketplace on Solana, with 60-70% of Solana NFT volume flowing through Tensor's marketplace protocols every day. To date, Tensor protocols have traded over $2bn worth of Solana NFTs. The Tensor Foundation was established to facilitate community-led governance over Tensor protocols and to help the Tensor Decentralized Autonomous Organization (DAO) grow and develop the Tensor ecosystem.
How Tensor and United States Dollar differ
Tensor (TNSR) and the US Dollar (USD) are two distinct forms of value representation, each with its unique characteristics and uses. Tensor, a key player in the Non-Fungible Token (NFT) marketplace within the Solana blockchain ecosystem, aims to provide a swift and professional NFT trading experience. It operates through a series of protocols that facilitate NFT trading, with the $TNSR token playing a crucial role in governance and trading discounts. On the other hand, the US Dollar is a traditional fiat currency, backed by the US government, and used for a wide range of transactions, from buying groceries to international trade. Unlike Tensor, which operates on a decentralized blockchain, the USD is centrally managed by the Federal Reserve. While Tensor seeks to serve as a critical trading infrastructure for NFTs, the USD serves as a global reserve currency. The value of Tensor can fluctuate based on market dynamics and community governance, while the USD's value is influenced by economic indicators and monetary policy.
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TNSR to United States Dollar conversion tables
The exchange rate of Tensor is decreasing.
The current value of 1 TNSR is $0.45 USD. In other words, to buy 5 Tensor, it would cost you $2.27 USD. Inversely, $1.00 USD would allow you to trade for 2.20 TNSR while $50.00 USD would convert to 110.13 TNSR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 24.02%. Meanwhile, in the last 24 hours, the rate has changed by 5.71%, and that the the highest exchange rate of 1 TNSR to United States Dollar was $0.48 USD and the lowest 24 hour value was 1 TNSR for $0.43 USD. This time last month, the value of 1 TNSR was $0.55 USD, which is a 17.15% increase from where it is now. Looking back a year, Tensor has changed by $1.79 USD. That means that in a single year, the value of Tensor has shrank by 75.11%.
TNSR to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.48 USD | -5.71% | $0.60 USD | -24.02% | $0.55 USD | -17.15% | $1.79 USD | -75.11% |
TNSR to USD
Amount | Today at 12:30 pm |
|---|---|
0.5 TNSR | $0.23 |
1 TNSR | $0.45 |
5 TNSR | $2.27 |
10 TNSR | $4.54 |
50 TNSR | $22.70 |
100 TNSR | $45.40 |
500 TNSR | $227.00 |
1,000 TNSR | $454.00 |
USD to TNSR
Amount | Today at 12:30 pm |
|---|---|
0.5 USD | 1.10 TNSR |
1 USD | 2.20 TNSR |
5 USD | 11.01 TNSR |
10 USD | 22.03 TNSR |
50 USD | 110.13 TNSR |
100 USD | 220.26 TNSR |
500 USD | 1,101.32 TNSR |
1,000 USD | 2,202.64 TNSR |
Today vs. 24 hours ago
Amount | Today at 12:30 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 TNSR | $0.23 | $0.24 | -5.71% |
1 TNSR | $0.45 | $0.48 | -5.71% |
5 TNSR | $2.27 | $2.41 | -5.71% |
10 TNSR | $4.54 | $4.81 | -5.71% |
50 TNSR | $22.70 | $24.08 | -5.71% |
100 TNSR | $45.40 | $48.15 | -5.71% |
500 TNSR | $227.00 | $240.75 | -5.71% |
1,000 TNSR | $454.00 | $481.50 | -5.71% |
Today vs. 1 month ago
Amount | Today at 12:30 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 TNSR | $0.23 | $0.27 | -17.15% |
1 TNSR | $0.45 | $0.55 | -17.15% |
5 TNSR | $2.27 | $2.74 | -17.15% |
10 TNSR | $4.54 | $5.48 | -17.15% |
50 TNSR | $22.70 | $27.40 | -17.15% |
100 TNSR | $45.40 | $54.80 | -17.15% |
500 TNSR | $227.00 | $274.00 | -17.15% |
1,000 TNSR | $454.00 | $548.00 | -17.15% |
Today vs. 1 year ago
Amount | Today at 12:30 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 TNSR | $0.23 | $0.89 | -74.57% |
1 TNSR | $0.45 | $1.79 | -74.57% |
5 TNSR | $2.27 | $8.93 | -74.57% |
10 TNSR | $4.54 | $17.86 | -74.57% |
50 TNSR | $22.70 | $89.28 | -74.57% |
100 TNSR | $45.40 | $178.55 | -74.57% |
500 TNSR | $227.00 | $892.75 | -74.57% |
1,000 TNSR | $454.00 | $1,785.50 | -74.57% |
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