The article discusses NFT Perps as a new DeFi primitive aimed at improving the efficiency of spot NFT trading. NFT Perps allows for long and short positions, leveraged trading, and support trading at any scale, thus addressing the limitations of the spot market. The article notes that futures markets dominate cryptocurrency trading, while NFT 1.0 is primarily spot-trading-based, leading to efficiency issues. The emergence of NFT Perps is expected to enhance the trading experience in the NFT market by offering advantages such as quick access, hedging opportunities, leverage, and scalability. The article also introduces several NFT Perps platforms like nftperp, Tribe3, and Wasabi, which facilitate liquidity and accessibility in the NFT market through different approaches.