Try Quests to earn SOLThe Battle of the Solana NFT Aggregator
Methodology
In this dashboard, we will look at the NFT sales activity on the NFT marketplace Hadeswap and Coral Cube. We will look at the sales volume, users, and top collections of these marketplaces. the data for this dashboard will come from the solana.core tables of Flipside’s Database.
Sections
- Top Collections by Marketplace
- Marketplace sales price histograms
- Marketplace sales Activity
Marketplace sales Activity
Top Collections by Marketplace
Marketplace sales price histograms
Conclusion
- Top Collections by Marketplace
- The most popular collection on Hade swap is ABC by far with over 2.5K sales events
- The two most popular collections on the coral cube are grate goats and Trippen ape tribe
- Overall Coral cube has many more sales events with their top collection than hadeswap
- Marketplace sales price histograms
- Hadeswap has about a greater proportion of expensive NFTs than corral cube
- Over 99% of the NFTs sold on Coral cube are under 10 SOL
- On Coral Cube 50% of the sales volume is from NFTs under 10 SOL
- Marketplace sales Activity
- The average sales volume of NFTs on Hadeswap is much larger than on coral cube
- Currently, Hadeswap has grown to have more users than coral cube
- Since the release of Hadeswap most days, it has had over 4,000 SOL in sales volume
What is Solana?
Created by Anatoly Yakovenko, Solana operates on a decentralized computer network using a ledger called blockchain. This blockchain database manages and tracks the currency, and effectively records every transaction that's ever occurred in it, like a long running receipt.
What are NFTs?
A non-fungible token is a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership.
What is Hadeswap?
hadeswap is an Automated Market Maker (AMM) NFT marketplace that improves NFT liquidity and trading. It allows users to trade and swap NFTs using liquidity pools, exactly like you would trade and swap crypto using Uniswap.
What is Coral Cube?
CoralCube is an NFT marketplace and aggregator that aims to highlight three columns of web3 in the context of NFTs: -Easy and smooth access to the digital content on the Solana blockchain and interactions with on-chain NFT marketplaces.