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Salvor Review: What You Can Do With It

Salvor is an Avalanche NFT marketplace with peer-to-peer borrowing against NFTs. The basic use case is clear, but published details are too limited to assess costs, safeguards or how to get started confidently.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

Salvor key facts

Salvor key facts
TypeAvalanche NFT marketplace and lending
CollateralNFTs used to borrow AVAX
TokenART
Audits2 listed; scope and reports unclear
ChainsAvalanche
Value locked$414K−0.9% 7d
Updated

Salvor FAQs

What is Salvor?

Salvor is an NFT marketplace on Avalanche. Its described lending feature lets users borrow AVAX by using NFTs as collateral.

How does Salvor NFT lending work?

The marketplace describes peer-to-peer borrowing, with an NFT pledged as collateral for an AVAX loan. Loan terms, fees and what happens if a borrower does not repay are not clear from Salvor’s homepage.

What fees does Salvor charge?

Salvor’s homepage does not disclose marketplace or borrowing fees. Check the terms shown for a specific listing or loan before committing an NFT or AVAX.

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How we checked

Sources

  1. defillama.com/protocol/salvor(opens in a new tab)

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