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Key Points
- Opensea receives 2.5% of the sale price of an NFT.
- Fees are paid in Wrapped ETH (WETH).
- 0x5b3256965e7c3cf26e11fcaf296dfc8807c01073 is the wallet address for receiving fees.
- 74WETH has been collected in fees so far.
- 0.000813WETH is received on average per trade.
- 9.3WETH is received on average per trader.
- Looking at fee collection over time in the bar chart below, we can see that declining trade volume has resulted in declining fees since June 2022.