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Home»NFT»OpenSea Ranks First in the Top 10 NFT Marketplaces by Number of Traders
NFT

OpenSea Ranks First in the Top 10 NFT Marketplaces by Number of Traders

2023-08-25No Comments2 Mins Read
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Crypto Rank, a crypto market insights and analytics platform, shared on August 24 the top 10 NFT marketplaces based on 30 days of active traders. On top of the list stands OpenSea, with a high number of 229,000 30-day traders, followed by Axie Marketplace and Blur.

Source: CryptoRank.io, DappRadar

OpenSea is considered one of the largest NFT marketplaces. The platform offers a wide variety of NFTs and is ranked first with a number of 229,000 30-day active traders. In total, OpenSea raised over $425 million in funding over five rounds.

Number two went to Axie Marketplace with 32,900 traders, an increase of 52.63% from last month. The marketplace, as of now, has a volume of $1.67 million. Axie Marketplace is the online marketplace for Axie Infinity, a video game where players can purchase NFTs to use in the game.

Blur is the third largest NFT marketplace with a total of 30,800 30-day active traders, which is, however, a 21.8% decrease from last month. Blur’s volume currently stands at $252.57 million.

Despite having roughly the same number of traders, Immutable X Marketplace outperforms Element and holds the fourth position among the top 10 NFT marketplaces by the number of 30-day active traders. Immutable X has 27,200 traders, while Element holds the fifth position with a number of 27,100 30-day active traders, a high increase of 113.31% from last month.

Moving to number six, AtomicHub’s number of traders is 20,100, which is a 27.29% decrease from last month. After it comes Magic Eden with an active number of 30-day traders of 14,730, a 79.33% decrease from last month.

See also  Top trader says a compelling bullish case for Bitcoin (BTC) is now in play – here's what he means

NBA Top Shot is the eighth top NFT marketplace by the number of 30 days of active traders. The marketplace that offers collectible moments and art from the world’s top basketball leagues has a total of 14,720 traders, a 35.36% increase from last month.

Lifeform and JPG Store share the last two rankings on the list. Lifeform traders are 14,300, a decrease of 78.55% from the previous month, while JPG Store has a number of 13,900 active traders.

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