The decentralized NFT trading protocol is to NFT Market what AMM is to DEX. The core needs in NFT trading are liquidity and price, so the real moat of NFT exchanges should be built on the liquidity and price advantage of commodities when they are sold. The aggregator that changes the pattern only solves the problem of scattered NFT pending orders as a front-end traffic portal, and does not fundamentally solve the liquidity problem. The most likely solution to the liquidity monopoly is not the...