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Understanding Compressed NFTs (cNFTs) and Metaplex Core NFTs in the Magic Eden App

Explore what cNFTs and Metaplex Core NFTs are and how you can store, view, and trade them using the Magic Eden app.

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This content is for educational purposes only and should not be considered financial advice or an inducement to buy, sell, or trade cryptoassets.


What are Compressed NFTs (cNFTs)?

Compressed NFTs (cNFTs) are a Solana NFT standard that reduces the cost of storing data onchain. These NFTs take up less space on the blockchain compared to other Solana NFT standards. This is usually done by compressing the NFT's metadata and related media files. Learn more about cNFTs in this article.

What are Metaplex Core NFTs?

Metaplex Core is a NFT standard in the Metaplex Protocol. Compared to other standards, it has the following advantages: cost efficiency. Metaplex Core offers low minting costs compared to available alternatives.

Magic Eden app support

At present, Magic Eden app supports cNFTs and Metaplex Core NFTs. They can be viewed in the Collectibles tab. However, sending cNFTs or Metaplex Core NFTs through the app is not supported.

You can external use tools like Famous Fox Federation's send tool or magiceden.io's transfer feature to move cNFTs and Metaplex Core NFTs.

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