Opensea Fees

    Fees Collected By Opensea on Polygon

    Loading...
    Loading...
    Loading...
    Loading...

    Introduction

    Opensea is the world’s largest NFT marketplace in trade volume. Users who do not want to trade via Ethereum because of high gas fees can do so using the Polygon network where they pay nothing in gas fees. Since Polygon’s integration, how much has Opensea made in trade fees.

    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.