At the end of last month, the daily trading volume on the site exceeded $ 349 million.On September 12, this figure fell to $ 1.7 million
OpenSea's non-fungible token (NFT) marketplace is down 99% daily after peaking in August. According to Dune Analytics, on August 28, the daily trading volume on the trading platform reached an all-time high of $ 349 million. On September 12, this figure dropped to $ 1.7 million. In August, the monthly trading volume on OpenSea exceeded $ 3.4 billion.
Photo: Dune Analytics
In the first half of 2021, sales of non-fungible tokens reached a record $ 2.5 billion.In 2020, NFT sales amounted to $ 95 million, which is 26 times less than in the first half of this year.
OpenSea is one of the largest NFT marketplaces that allows you to create your own non-fungible tokens and sell them. The trading platform was founded in 2017.