Business newsOpenSea Leads in Active Traders: Top 10 NFT Marketplaces in 2023

OpenSea Leads in Active Traders: Top 10 NFT Marketplaces in 2023

On August 24, Crypto Rank, a platform specializing in crypto market data and analytics, revealed its list of the top 10 NFT marketplaces based on their number of active traders over the past 30 days. Leading the pack is OpenSea, boasting a whopping 229,000 active traders. The platform, which has raised over $425 million across five funding rounds, is known for its diverse NFT offerings.

Coming in second is Axie Marketplace with 32,900 traders, showing a significant 52.63% growth from last month. The marketplace, which is linked to the video game Axie Infinity, currently has a trading volume of $1.67 million.

Blur takes the third spot, although it has seen a 21.8% drop in traders, settling at 30,800. Despite this decline, its trading volume is a staggering $252.57 million.

In a close battle for fourth place, Immutable X outshines Element with 27,200 active traders, as compared to Element’s 27,100. Notably, Element has seen a sharp increase of 113.31% in active traders from the previous month.

At sixth place, AtomicHub’s trader count stands at 20,100, marking a 27.29% decrease from last month. Following it is Magic Eden, which suffered a drastic drop of 79.33% in traders, landing at 14,730.

NBA Top Shot ranks eighth with 14,720 active traders, reflecting a 35.36% uptick from last month. The platform is a hotspot for basketball-themed collectibles and art.

Rounding out the top 10 are Lifeform and JPG Store. Lifeform experienced a steep 78.55% decline in active traders, falling to 14,300. Meanwhile, JPG Store has a trader count of 13,900.

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