OpenSea NFT Marketplace Trading Volume Tops $3.5 Billion Since Start of January

From January 1, the trading volume of the non-fungible token (NFT) marketplace OpenSea reached $3.52 billion, according to Dune Analytics. The metric surpassed established maximum set in August 2021.

The previous OpenSea record was $3.42 billion. In December, the figure reached $3.24 billion.

As there are two weeks left in January, the trading volume for the month is likely to exceed the current level.

According to Dune Analytics, OpenSea also reached a record number of active users. For the partial January, the figure exceeded 365 thousand, and in December it stood at 362 thousand.

Earlier, the number of OpenSea users who had made at least one trade surpassed 1 million.

In January, OpenSea closed a Series C financing round for $300 million. The platform’s valuation reached $13.3 billion.

In early 2022, the NFT marketplace LooksRare launched. The developers carried out a ‘vampire attack’, distributing the native LOOKS token among OpenSea users.

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