Tensor
TNSR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Tensor (TNSR) is the governance token for the Tensor NFT marketplace and AMM ecosystem on Solana. The protocol maintains established governance on Realms with high voting thresholds and fee accrual mechanisms directed to the treasury, alongside 3 third-party audits and a CertiK Skynet score of 76.23 with no reported hacks, exploits, or regulatory actions. However, the project faces severe sector headwinds, including an unrecovered ~98.5% price drawdown from launch-era valuations, contracting Solana NFT transaction volume, and a lack of recent visible development releases over the past 12-18 months. While token unlocks have reached ~74% circulating supply, utility remains restricted strictly to governance with lingering centralization from unvested reserves. No qualifying red-flag events were established; the score reflects the direct weighted average across all evaluated dimensions.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Tensor (TNSR)
Tensor (TNSR) is the governance token for the Tensor ecosystem, an NFT marketplace and automated market maker (AMM) protocol operating on the Solana blockchain. Launched in April 2024, the platform functions as an NFT trading infrastructure and aggregator alongside associated applications like the Vector social trading app. The TNSR token allows holders to participate in governance decisions regarding protocol parameters, treasury allocations, and ecosystem development managed by the Tensor Foundation.
The protocol utilizes a structured decentralized autonomous organization (DAO) framework on Realms, featuring defined proposal thresholds, discussion periods, and cool-off windows. In November 2025, governance approved increasing the platform fee allocation routed to the TNSR treasury from 50% to 100%. The token has a fixed total supply of 1,000,000,000 TNSR, with 55% allocated to the community, 27% to core contributors, 9% to investors and advisors, and 9% to reserves. Circulating supply stands at approximately 74%.
From a security perspective, Tensor's code has undergone three third-party audits with no reported hacks, exploits, or regulatory enforcement actions. However, the project has faced significant market challenges, including a price drawdown of approximately 98.5% from its launch-era all-time high. Additionally, the protocol contends with contracting NFT trading volumes across the Solana network, a lack of documented development releases or technical updates over the past 12 to 18 months, and token utility that remains strictly confined to governance voting without direct holder value accrual mechanisms.