Peridot Finance is a DeFi platform that facilitates fractional ownership of NFTs. It introduces an 'Initial Fraction Offering', allowing users to acquire fractional shares of NFTs, thereby lowering the barrier to entry for NFT investments. The platform also offers swap features, enabling users to exchange these fractional NFT tokens. Central to its ecosystem is the Peridot token, which serves as the primary medium for transactions and participation within the platform.