Crypto Rank, a crypto market insight and analysis platform, shared the top 10 NFT marketplaces by 30 days of active traders on August 24. At the top of the list is OpenSea, with a large 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 ranks first with a number of 229,000 30-day active traders. In total, OpenSea has raised more than $425 million in funding in five rounds.
Number two went to Axie Marketplace with 32,900 merchants, up 52.63% from last month. The marketplace has a volume of $1.67 million as of now. 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 a 21.8% drop from last month, however. Blur’s volume currently stands at $252.57 million.
Despite having about the same number of traders, Immutable X Marketplace outperforms Element and ranks fourth among the top 10 NFT marketplaces in terms of number of 30-day active traders. Immutable X has 27,200 traders, while Element ranks fifth with a number of 27,100 30-day active traders, a high increase of 113.31% from last month.
Moving on to number six, AtomicHub’s merchant count stands at 20,100, which is a 27.29% drop from last month. Next comes Magic Eden with an active 30-day trader count of 14,730, down 79.33% from last month.
NBA Top Shot is the eighth NFT marketplace by number of 30-day active traders. The marketplace that offers collectibles and art from the world’s top basketball leagues has a total of 14,720 merchants, up 35.36% from last month.
Lifeform and JPG Store share the last two rankings on the list. Lifeform merchants are 14,300, down 78.55% from the previous month, while JPG Store has some 13,900 active merchants.