Polygon NFT

    How popular are NFTs on Polygon?

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    Hello everybody! In this dashboard we are tracking NFT purchases on Polygon. The timeframe we are focusing is recent 30 days and the NFT marketplace is Opensea on polygon.

    Q1. How popular are NFTs on Polygon?

    For answering this question we are taking a look daily transaction counts and also $ETH trades volume on NFTs


    As wee see, in all days $ETH volume traded on NFTs are above 2000, which is very fair amount I guess, how about volume in $USD let’s see on the chart below:


    At least 2.4m $USD is spending on NFTS on Polygon on each day, not high as $ETH mainnet but very decent amount for proofing NFTs popularity on Polygon!

    After looking at daily volume let’s see the total $ETH volume spend and also Opensea’s income from the NFT trades on Polygon:

    As we see, almost %7.5 of $ETH volume on NFTs goes to Opensea’s pocket which is 12.6k from 157.2k $ETH tokens.

    Q2. How many Polygon users started off with NFTs?

    Let’s take a look to wallets purchasing NFTs now:


    As the chart tells us, in the worst case almost 1800 NFTs have been traded on the Polygon version of Opensea, and it’s interesting the best record is just after the worst day, with 5610 NFT trades on one day!

    The chart’s trend is just like transaction counts and the volume, and in worst days, still more than 1000 wallets are buying NFTs on Polygon, here we see total unique NFT buyers now:

    Q3. Who made the most profit?

    To answer this question we are ranking the traders with best trades on NFTs, means purchasing NFTs and selling them with the best possible price, leading to making most income in $USD rather than every one else, Let’s see top 10 traders:


    So making 771K $USD in one month is the best performance that a polygon user has done on Opensea after that 643k and 392k $USD are the records of the best traders. the chart below shows how much $ETH this users added to their wallets balance:

    Conclusion:

    • With more than $157k $ETH volume in total, and more than 2.4m $USD volume in each day during recent 30 days we can say NFTs have fair popularity on Polygon.
    • At least 1000 NFT purchases are happening on each day on the Polygon version of Opensea
    • Opensea has earned more than 12k $ETH From NFT trades on Polygon which means almost %7.5 of total volume
    • More than 34K users have tried NFT purchasing on recent 30 days
    • Wallet 0xfad2d1fd5889cbebf8a5bb4f95e4bd69cbc83b87 is the best NFT trader on recent 30 days by making 771k $USD profits from his NFT trades.