Try Quests to earn cryptoHighest Sales Volume
Which 3 NFT collections have the most total sales volume in the last 60 days on NFTX? These are transactions where someone redeems their NFTX tokens for a specific NFT.
TOP 3 NFT collections in terms of Sales Volume in last 60 days
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milady has came up top with over 3.42 Million.
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Then, doodles followed second with a total of 3.05 Million.
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The third NFT collection is boredapeyachtclub with over 2.79 Million sales volume in total.
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Top 3 of the NFT collections have close gap between each other. There is no domination of particular NFT collection over the other on NFTx.
Intro to NFTx
NFTX serve as a platform for creating liquid markets for illiquid Non-Fungible Tokens (NFTs).
Users deposit their NFT into an NFTX vault and mint a fungible ERC20 token (vToken) that represents a claim on a random asset from within the vault. vTokens can also be used to redeem a specific NFT from a vault.
Use case in NFTx :
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LP and stake minted vTokens to earn yield rewards
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Better distribution and price discovery for NFT projects
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Instantly sell any NFT by minting it as an ERC20 and swapping via Sushiswap
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Increased liquidity for NFT investors and speculators
Source :
TOP 3 NFT collection on NFTx in terms of sales transactions
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For the sales transaction metric, milady still having over 64.8% of overall market share.
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Then, the goblintown follow next with over 23.7% and third come by 11.5%.
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Only the TOP 1 NFT collection remain the same for both metrics, while second and third shifting in different metrics.