# Banx

> Loans done right

Perpetual peer-to-peer NFT lending protocol on Solana.

Banx is a DeFi protocol enabling perpetual peer-to-peer NFT loans on Solana. It allows borrowers to obtain loans against their NFTs with no fixed duration, while lenders can create offers for collections they want to lend against. The protocol features refinancing options and liquidation mechanisms.

- Type: Project
- Sector: Finance
- Status: Active
- Profile: https://thegrid.id/profiles/Banx

## Products

- [Banx Loans](https://thegrid.id/profiles/Banx): Perpetual NFT-backed loans with flexible terms and refinancing options. (Decentralised Borrowing & Lending, Live, Main Product)

## Assets

- [BANX (BANX)](https://thegrid.id/profiles/Banx): BANX is the utility token of Banx, a perpetual peer-to-peer NFT lending protocol on Solana. It is used for governance participation and staking to earn rewards from protocol revenue distributions. The protocol uses all of its revenue from fees and royalties to buy back BANX from the market and distribute it to stakers, creating a direct link between protocol activity and token holder value. (Utility)

## Links

- [Main](https://banx.gg)
- [Documentation](https://docs.banx.gg)
- [Discord](https://discord.com/invite/UqbxgFrvCu)
- [Twitter / X](https://x.com/banx_gg)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP