Opensea Fees - Polygon
In the polygon side-chain, opensea.io primarily uses 3 contracts
- 0x9b814233894cd227f561b78cc65891aa55c62ad2 - opensea.io main contract
- 0xf715beb51ec8f63317d66f491e37e7bb048fcc2d - seemingly handles fees
- 0x5b3256965e7c3cf26e11fcaf296dfc8807c01073 - stores the fees generated from NFT sales
Thus tracking token movements into 0x5b3256965e7c3cf26e11fcaf296dfc8807c01073 should give us the Fees generated by sales. As of now, Opensea allows sales in 3 tokens, WETH, DAI and USDC.
Among the assets allowed to be used for purchase, WETH is the most popular, as it the dominant asset used in pricing NFTs. With atleast 10x higher volume that any other asset. Over the past two months, OpenSea has generated almost 75 ETH as fees. This is impressive especially considering the lack of activity during the month of July.
Coming in as the second most popular, DAI is nowhere near WETH in popularity. A couple of days of high sales volume has given the Token significant metrics. Otherwise, it likely that DAI would be suffering returns similar to USDC below.
USDC despite being the dominant stablecoin on DeFi, is rarely used for NFT purchases, even more rarer on Polygon. Sporadic purchases of sub 5$ NFTs have been the only income stream.