Sudo Finance is a decentralized protocol that introduces an automated market maker (AMM) model to the world of non-fungible tokens (NFTs). Operating on the Ethereum blockchain, it provides a new infrastructure for NFT trading that differs significantly from traditional order book-based marketplaces. Instead of connecting individual buyers and sellers on a peer-to-peer (P2P) basis, Sudo Finance utilizes liquidity pools, a concept popularized by decentralized exchanges (DEXs) like Uniswap. This structure allows users to instantly buy or sell NFTs from a specific collection as long as the corresponding pool has sufficient liquidity. Users can interact with the protocol in several ways. Traders can access instant liquidity to buy or sell NFTs without waiting for a counterparty. Liquidity providers (LPs) can deposit assets鈥攖ypically a combination of NFTs from a collection and ETH鈥攊nto a pool to earn trading fees. The price of NFTs within a pool is determined by a bonding curve, which is a mathematical formula that adjusts the price as assets are bought from or sold into the pool. This on-chain mechanism for price discovery and trading enhances capital efficiency for NFT holders who want to put their assets to work. A key characteristic of the Sudo Finance protocol is its approach to fees and royalties. It is known for its low trading fees, offering a cost-effective alternative for frequent traders. Notably, the base protocol does not enforce on-chain creator royalties, a design choice that has distinguished it from traditional marketplaces and sparked widespread discussion within the NFT community about creator compensation models. By focusing on liquidity and efficiency, Sudo Finance represents a significant development in the financialization of NFTs, treating them as a more liquid asset class and expanding the range of tools available within the DeFi and NFT ecosystems.