Introduction

In 2021 the popularity of NFTs exploded and the adoption of NFTs rapidly grew. In the 2022 bear market, the NFT market continues showing signs that it is alive.

NFTx is one of the leading marketplace for NFTs built on Ethereum. On NFTx users can also 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.

The previous dashboard identified collections on NFTx experienced a highest sales volume in the last 60 days.

This dashboard analyzes user activity providing and removing liquidity from NFTX vaults.

Results

The graph below shows the number of staking actions in the past two months per vaults. We can see that in the past two months 140 staking actions has been done on the most popular vault in terms of the number of staking.

The graph below shows the number of unstaking actions per vaults in the past 60 days.

Top projects

Zooming in on the top projects in terms of number of staking and unstaking, the graph below shows the top 5 vaults that users execute actions (including stake and unstake).

We can see that 'Forgotten Runes Warriors Guild' saw a highest number of actions.

However, in each staking action users can stake more than one NFT.

The graph below shows the top collections in terms of number of NFTs staked/unstaked.

We can see that more than 1000 Milady NFTs has been staked/unstaked since two months ago.

Conclusion

This dashboard analyzed user activity providing and removing liquidity from NFTx vaults.

We found that in terms of number of actions WARRIOR, Milady (MIL), and Goblitown (GOBLIN) have the highest number of actions in the past two months.

However, when the number of NFTs took into account, MIL, WARRIORS, and GOBLIN have the highest number of nft staked/unstaked respectively in past two months.

The previous dashboard shows the in the past two months MIL, DOODLE, and BAYC had the highest volume of sales. However, we can see from this list only MIL has also the top staking/unstaking actions.