DeFi MarketDisclosure: Robert Stone is Deputy Editor of Crypto Magazine, which is published by CMC Group. CMC Group also runs Liquid NFTs and issues FUSD. DeFi Market Journal is not owned by CMC Group. Robert Stone also owns a Liquid Genesis NFT and receives a royalty from it, paid into his wallet separately from the backing.
Liquid NFTs is an NFT marketplace where every NFT has money locked behind it. At least half of each mint price goes into a pool held in a token called FUSD, and any holder can burn their NFT to take their share of that pool back out. So an NFT on Liquid has backing you can cash out, less a fee, without waiting for a buyer. Most NFTs don't. That's the whole idea. The details below are what decide whether it suits you.
Where your money goes when you mint
Liquid sets a default split for every new mint. The creator sets their own share and the locked liquidity with sliders when the collection is created. The other fees are fixed. Liquidity can't go below 50% of the mint price. The default is 40% to the creator and 50% locked. Say a collection mints at 10 FUSD:
On resales the split is different: 10% to the creator by default, 5% added to liquidity across every collection on the platform, 5% to the platform. A creator can set the royalty below 10% and send the difference into their own collection's liquidity or to a charity. Holders get something too: a royalty paid into their wallet, separate from the backing. We haven't confirmed the holder share, so we don't state one, and it depends on platform activity. Because the platform pays that 10% on every sale itself, creators on Liquid don't face the problem covered in our royalties explainer, where most big marketplaces now make royalties optional.
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Redeeming: the exit button
Every Liquid NFT has a redeem function. Press it and the NFT is burned, gone from the collection for good, and its share of the liquidity pool is paid to your wallet in FUSD. Two things follow. You always have a buyer of last resort, the pool itself. And each burn leaves fewer NFTs sharing the pool, which lifts the backing behind the ones still held.
What you get back: Redeeming burns the NFT and pays out its share of the pool in FUSD, minus a fee. Liquid's own example puts that fee at 20% (10% to the creator, 5% back into liquidity, 5% to the platform), so $200 of backing pays out $160. By Liquid's design the backing starts at no less than half the mint price and can grow with platform volume and with FUSD, which Liquid designs to rise as trading grows. Neither is guaranteed. Terms can change, so check the redeem screen for your exact figure before you press the button.
FUSD, the token underneath
Everything on Liquid is priced and backed in FUSD. Its issuer describes it as an "appreciating stablecoin": backed by USDC held in its contract, with a 2.5% fee on transactions, half of which is added to the backing. That's why FUSD sits above a dollar rather than at one. In late September 2026 Liquid's own listings showed 10 FUSD as $10.72, so about $1.07 each.
The floor claim, read carefully
Liquid says an NFT's backing is designed to grow over time. The mechanics do push it up: new mints and resales add to the pool, burns concentrate what's left, and FUSD itself is designed to rise. What the mechanics can't do is protect you from a problem with FUSD or the contracts holding it. And the floor is the backing value, not the price someone will pay you on the marketplace, which can sit higher or lower. Treat the floor as a strong safety net, not a promise nothing can go wrong.
Liquid told us its contracts have been audited by Contract Wolf, and that each NFT's liquidity is locked to that NFT and can only be reached by its holder. At the time of writing the audit report hadn't been published. We'll link it here when it is.
Which chains
Liquid runs on five: Ethereum, Polygon, BNB Chain, RBA (Roburna) and BESC. There's a chain selector at the top of the site, set to "All Chains" by default. Older articles about Liquid say Polygon only and talk about USDC; both are out of date since the platform relaunched on 22 May 2026. Mint prices are now set in FUSD, though buyers can still pay with USDC. Our guide to which chain to use compares them.
Finding your way around
The menu on liquidnfts.finance has: Explore and Marketplace for browsing, Collections, Collection Studio for creators launching their own, Activities, Favorites and your Profile. Connect, top right, links your wallet. You can pay in FUSD, in USDC, or in the chain's own gas token such as BNB, POL, ETH or BESC. Each collection page shows its floor price in dollars and FUSD, total volume and how many items have been minted.
Who's behind it
Liquid is run by CMC Group of Companies, a UK firm led by founder Nathan Hill, with co-founders Colin Woolley, Tokin Trip and David, and operations directors Adele and Drew. CMC Group also issues FUSD and publishes Crypto Magazine. That's why the disclosure at the top of this page exists.
Who it suits
- Collectors who want an exit that doesn't depend on finding a buyer.
- Creators who value steady resale royalties and a backed floor for their buyers more than the biggest possible first-sale payout. You take up to 40% of a mint here, against most of it elsewhere. Take less and more is locked behind each NFT. Launching a collection is free apart from the chain's gas fee. Liquid deploys a smart contract for each collection, and it takes image, video and audio NFTs. Our minting guide compares the two.
- Not people chasing quick flips on hyped drops. The volumes are still small, and the model rewards holding.
