Punks Terminal
Best for independently tracked marketplace
How it rates
- Tracked and verifiable from public sources at this check
- No audit report linked in the public dataset at this check
- Single-chain deployment
Each indicator scores 2, 1 or 0. A pillar is the points earned over the points available; the overall score is the weighted sum. Every source below is public — check any of them yourself.
- Not metIndependent audit report linked publicly
Not linked at this check.
defillama.com/protocol/punks-terminal - Not met
- MetTracked by an independent analytics platform
Listed with published history.
defillama.com/protocol/punks-terminal - Not met
- Met
- Met
- MetProtocol data published independently
Public record with history.
defillama.com/protocol/punks-terminal - Not met
- PartialFee model documented publicly
Application reachable for review; fee levels not captured at this check.
punks.lightyear.build/stash - Met
- Met
- Met
- Not met
- Not met
- Partial
- Met
- Not met
- Met
- Met
- Not met
- Met
- Met
- Not met
- Not met
- Met
A trading venue focused on a single blue-chip NFT collection, holding $1.3m with no audit report retrievable at a public address.
Our assessment
Punks Terminal holds $1.3m — second-largest in this comparison — in a venue built around a single blue-chip collection. No audit report was retrievable at a public address at this check.
Specialising in one collection has a logic
A venue serving a single high-value collection can build tooling for its specific attributes, traits and trading patterns that a general marketplace cannot justify. For collectors of that one collection, the depth of relevant features is genuinely better than anywhere else.
The concentration is total
Interest in one collection determines the venue's entire relevance. Blue-chip NFT collections have been through severe drawdowns, and a specialised venue has no other market to fall back on. That is a business risk for the operator and a liquidity risk for anyone relying on it.
The evidence gap
No audit report at a public address, with thin transparency results. Where a venue holds meaningful value and operates approvals over high-value assets, published review is proportionally more valuable.
Who it suits
Punks Terminal fits collectors and traders of its specific collection who want purpose-built tooling. Everyone else should use a general marketplace with published audits.
How rivals compare
| Service | Score | Best for | |
|---|---|---|---|
| NFTX | 9.2 | audited marketplace contracts | Read → |
Frequently asked
Does this rank marketplaces by trading volume?
No. NFT volume figures are widely inflated by wash trading and we do not rank on numbers we cannot verify. The score covers audits, methodology and independently recorded data.
Why is value locked low for large marketplaces?
Most marketplace trading settles without holding assets in contracts, so value locked understates activity. We publish it as the available independent figure, not as a measure of market share.
Are creator royalties assessed?
No. Royalty enforcement is a marketplace policy that changes frequently and is not verifiable from a single public source.