Crypto exchange OKX’s nonfungible token (NFT) arm surpassed the 24-hour trading volume of other prominent NFT marketplaces like OpenSea, Blur and Magic Eden.
On Dec. 18, the OKX NFT Marketplace recorded a daily trading volume of around $50 million at around 10:00 am UTC, according to decentralized applications (DApp) data tracker DappRadar.
At the time of writing, the platform’s trading volume has dropped to $35 million. However, OKX NFT Marketplace is still ahead of its competitors Blur, Magic Eden and OpenSea, which have a combined 24-hour trading volume of around $24 million.
24-hour NFT trading volume by marketplace. Source: DappRadar
The NFT marketplace’s trading volume surged as it offered Bitcoin Ordinals trading. Data from NFT tracker CryptoSlam shows that the Bitcoin network had a massive week, with a sales volume of $367 million, surpassing Ethereum and Solana, which had $91 million in combined weekly trading volume.
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- Source: https://cryptoinfonet.com/nft-news/okx-nft-marketplace-tops-blur-and-opensea-in-daily-trading-volume/
