According to The Block, the NFT protocol Collection will launch an NFT DEX protocol on Ethereum’s Goerli test network today, and will launch it on the Ethereum main network later in the first quarter of 2023. The DEX allows users to create liquidity pools for NFTs targeting specific criteria, users can set price parameters and limit pools to certain collections, in-collection features, or socially curated listings. Core contributor to Collection.xyz and CEO of Gomu said the protocol uses Merkle proofs to designate and target specific NFTs by token ID, allowing users to target individual tokens, user-defined groups, or entire collections. These NFTs can be grouped according to the user's needs, such as characteristics, rarity, etc. Singapore-based Gomu launched early last year and raised $5 million in seed funding in October from investors including Coinbase Ventures, Defiance Capital and Saison Capital.