- NFT market OpenSea has attracted 88% of Polygon’s NFT enterprise over the previous three months.
- OpenSea accounted for greater than 95% of Polygon’s complete NFT buying and selling quantity, which exceeded $151 million.
- Polygon NFT’s prime contract by quantity is OpenSea’s SharedStorefrontLazyMintAdapter contract.
OpenSea, the world’s largest NFT market, has managed to keep up the established order by attracting most of Polygon’s NFT enterprise over the previous three months. Within the digital asset market from 2023 February 4 88% of Polygon’s NFT transactions had been executed on its platform.
OpenSea has dominated the Polygon NFT market metrics for the previous three months. Whether or not it is complete offers, market share or deal worth, OpenSea leads in all elements. Ansubin.eth, a blockchain analysis group that deciphers world info, just lately took to Twitter to share the metrics.
Supply: Dune Analytics
In response to Dune Analytics knowledge compiled by Ansubin.eth, OpenSea accounted for 88% of all Polygon NFT transactions over the previous three months, with greater than 1.8 million transactions. The following closest competitor within the NFT market was Tofu with 180,352 transactions throughout the identical interval.
OpenSea additionally accounted for greater than 95% of the overall quantity spent on polygonal NFTs since 2023. on February 4, bringing in over $151 million. USD. Magic Eden was the second largest Polygon NFT transaction with a worth of $4.9 million. USD. In the meantime, over 330,000 consumers flocked to commerce polygon NFTs on OpenSea.
in 2023 Might 2 the overall variety of Polygon NFT transactions on OpenSea reached a 9-week excessive of 44,611 transactions in sooner or later. Nonetheless, Dune Analytics’ market share chart confirmed that OpenSea is shedding its dominance to rival NFT markets comparable to Tofu and Magic Eden. The booming NFT enterprise appears to have had little influence on the community’s native token MATIC, which from 2023. February 4 misplaced greater than 20%.
