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Ebisu's Bay Review 2026: Cronos NFT Marketplace and Swap

Ebisu's Bay is an NFT marketplace on Cronos that adds drops, a token swap and faction-based GameFi. It is a niche venue with small TVL, no listed audits and an ownership change reported by its own X account.

By the DappsAtlas editorial team · Updated

DappsAtlas score

5.5/10

Mixed

Our verdict on Ebisus Bay

5.5/10

Ebisu's Bay suits Cronos users who want an NFT marketplace with drops, a swap tool and a faction game layer in one app. Its main strength is that breadth. The caveats are a small TVL of about $320,000, no listed audits, unpublished fees and a reported acquisition that changes the outlook for the FRTN token. Treat it as a small, higher-risk venue and confirm current token and ownership news before committing funds.

Score breakdown

How Ebisus Bay scores

Security
4.5/10
Ease of use
6.5/10
Fees
n/a
Features
6.5/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Ebisus Bay?

Ebisu's Bay is an NFT marketplace on Cronos. The app offers a marketplace, activity feed, collection rankings, drops and a swap tool. It is listed on Cronos and Cronos zkEVM, and has been tracked since April 2024.

The project describes itself as a blend of NFT trading, DEX trading and GameFi, where users join factions and compete for market dominance. Its listed token is FRTN.

One post on the project's X account states that Ebisu's Bay was acquired by Wolfswap, with FRTN converting to MOON. Check the current state of the token and branding before acting on older information.

TVL is about $320,000, which makes this a small venue. No audits are listed.

How Ebisus Bay works

Ebisu's Bay is an NFT marketplace. Sellers list NFTs from a wallet at a set price, and buyers pay in a supported token on Cronos. The transaction runs through smart contracts, so ownership transfers on-chain rather than through the platform holding your assets.

The app also has a Swap section, which is why it is classified as a DEX. A DEX lets users trade tokens directly from their wallets using on-chain liquidity instead of an order book run by a company.

The project describes a GameFi layer on top of this. Users join factions and compete for market dominance, which the project says turns NFTs into game elements. The mechanics, rewards and scoring rules are not detailed in its homepage.

6 features

Key features

01

NFT marketplace listings

Browse recent listings, collections and activity for NFTs on Cronos, with top movers and floor price changes shown on the front page.

02

Collection rankings

A collection directory shows volume, floor price and one-day percentage change, with sections for the hottest collections of the week.

03

NFT drops

A Drops section lets users find new NFT collections as they launch on the platform.

04

Built-in swap

A Swap tab sits beside the marketplace, so token trading and NFT trading are available in one app.

05

Faction GameFi

The project describes a GameFi layer where users join factions and compete for market dominance, turning NFTs into game elements.

06

Wallet portfolio pages

Each wallet address has a portfolio page showing its marketplace positions and NFT holdings.

Pros and cons

What we like

  • Combines NFT marketplace, drops and swap in one app on Cronos.
  • Collection pages show volume, floor price and daily change, which helps with price discovery.
  • Faction-based GameFi adds a game layer for users who want more than simple trading.
  • Supports both Cronos and Cronos zkEVM.
  • Non-custodial design: trades are signed from your own wallet.

Watch out for

  • No audits are listed for the platform, so smart-contract risk is not independently documented.
  • TVL is small, at roughly $320,000, and fell about 3.4% over seven days.
  • One post on the project's X account says it was acquired by Wolfswap and that FRTN would convert to MOON, which creates uncertainty about the token and roadmap.
  • Fees, royalties and team details are not published on the homepage.
  • Some shared token and collection links return 'invalid link' or 'token not found' pages, which can confuse new users.
  • Activity depends on the Cronos ecosystem, so liquidity is narrower than on large multi-chain marketplaces.

Ebisus Bay fees

Its homepage does not publish a fee schedule. Marketplace fees, collection creator royalties and any swap fees are not stated in the material reviewed, so users would see them in the app when listing, buying or swapping.

Network gas on Cronos or Cronos zkEVM applies on top of any platform fee. Check the confirmation screen in your wallet before signing each transaction.

Is Ebisus Bay safe?

No audits are listed for the project, and its homepage does not name a team or publish a security policy. NFT marketplaces rely on smart contracts and wallet approvals, so risks include contract bugs, malicious collections and phishing sites that copy the interface.

The ownership and token situation is a further risk. One post on the project's X account reports an acquisition by Wolfswap and a conversion of FRTN to MOON. Verify details through official channels. Always use the official app address and review the approvals you grant.

6 steps

How to get started with Ebisus Bay

  1. 1

    Set up a wallet that supports Cronos, such as a browser wallet or a DeFi wallet with a dApp browser.

  2. 2

    Fund the wallet with CRO for gas and for purchases on the network.

  3. 3

    Open the official Ebisu's Bay app and connect your wallet.

  4. 4

    Browse Collections or Drops and check floor price, volume and recent activity before buying.

  5. 5

    Review the price, fees and royalties on the confirmation screen, then approve the transaction.

  6. 6

    Check your NFT portfolio page afterwards and review token approvals periodically.

Who Ebisus Bay is for

Ebisu's Bay is for NFT collectors and traders already active on Cronos who want listings, drops and a swap tool in one place, and who are comfortable with a small platform with no listed audits. It is less suitable for anyone wanting deep liquidity, published fee schedules or a settled token roadmap.

Ebisus Bay FAQs

What is Ebisu's Bay?

Ebisu's Bay is an NFT marketplace on the Cronos network. Its navigation covers marketplace listings, activity, collections, drops and a swap tool, and it also layers faction-based GameFi on top of NFT and DEX trading.

Which blockchains does Ebisu's Bay support?

The project is listed on Cronos and Cronos zkEVM. The platform is aimed at users with a wallet that works on those networks.

What is the FRTN token?

FRTN is the token listed for the project. A post on the project's X account says Ebisu's Bay was acquired by Wolfswap and that all FRTN would be converted to MOON, so check the latest official announcements before buying or holding it.

What are the fees on Ebisu's Bay?

Its homepage does not publish a fee schedule. Marketplace fees, collection royalties and network gas costs would be shown in the app at the time of listing or purchase, so read them before confirming.

Is Ebisu's Bay safe?

No audits are listed for the project. As with any NFT marketplace, you approve smart contracts from your wallet, so use a dedicated wallet, review approvals and only trade amounts you can afford to lose.

Can I swap tokens on Ebisu's Bay?

The app has a Swap section next to its marketplace pages, and the project is classified as a DEX alongside its NFT features. Supported pairs and routing are not described in its homepage.

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How we checked

Sources

  1. 1.defillama.com/protocol/ebisus-bay

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