> For the complete documentation index, see [llms.txt](https://doc.notliquid.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc.notliquid.fun/inside-the-pool/eligible-nfts.md).

# Eligible NFTs

The math does not care whether an NFT is fashionable. Entry does: the current deployment uses an onchain whitelist for new listings.

## Eligibility

When whitelist enforcement is enabled, a collection must be approved before a user can list or relist one of its NFTs.

The current PNL deployment has whitelist enforcement **enabled**. Eligibility is read from the PNL contract, not from a decorative frontend array.

## Current collections

The following collections were read from the live PNL whitelist on **July 29, 2026**.

| Collection       | Symbol             | Contract                                                                                                                   |
| ---------------- | ------------------ | -------------------------------------------------------------------------------------------------------------------------- |
| Hybra Ascendants | `Hybra Ascendants` | [`0x3c9c609b873952B9BDc184cF9fBd1b300C6d73fA`](https://hyperevmscan.io/address/0x3c9c609b873952B9BDc184cF9fBd1b300C6d73fA) |
| Hypurr           | `HYPURR`           | [`0x9125E2d6827a00B0F8330D6ef7BEF07730Bac685`](https://hyperevmscan.io/address/0x9125E2d6827a00B0F8330D6ef7BEF07730Bac685) |
| Odd Otties       | `ODD`              | [`0x43A9652E2B3cE8970e8d33d8C34252a59a6596Aa`](https://hyperevmscan.io/address/0x43A9652E2B3cE8970e8d33d8C34252a59a6596Aa) |
| TinyHyperCats    | `THC`              | [`0xCC3D60fF11a268606C6a57bD6Db74b4208f1D30c`](https://hyperevmscan.io/address/0xCC3D60fF11a268606C6a57bD6Db74b4208f1D30c) |
| Hypio            | `hypio`            | [`0x63eb9d77D083cA10C304E28d5191321977fd0Bfb`](https://hyperevmscan.io/address/0x63eb9d77D083cA10C304E28d5191321977fd0Bfb) |

{% hint style="info" %}
The whitelist can change. The PNL contract and the connected app remain the source of truth for a new listing.
{% endhint %}

Removing a collection from the whitelist blocks future listings and relists. It does not disable positions already in the protocol:

* active positions remain selectable;
* allocated positions remain settleable;
* existing depositors retain their normal exit paths.

## Who manages the list

PNL currently uses its owner directly for collection curation. No separate public-burn whitelist module is configured.

Whitelist changes apply to future entry only. They do not let the owner seize, rewrite, or invalidate an existing position.

## What approval means

Whitelist approval means the collection may create new PNL positions. It does **not** mean:

* every NFT in the collection is valuable;
* its metadata will remain available;
* its marketplace liquidity is healthy;
* PNL endorses a particular listing or backing amount.

{% hint style="warning" %}
Eligibility is a technical gate, not investment research wearing an allowlist costume.
{% endhint %}

## ERC-721 behavior

Depositors must approve the PNL core before listing. PNL then escrows the NFT through the standard ERC-721 transfer interface.

Non-standard collections may still pause, revert, change metadata, or behave unexpectedly. PNL includes [stuck-NFT recovery](/inside-the-pool/outcomes-and-timeouts.md#failed-nft-delivery), but it cannot repair an external collection's contract.


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