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NFT market OpenSea transaction volume hits record high

source-logo  forkast.news  + 9 more 02 August 2021 12:20, UTC

Non-fungible token marketplace OpenSea’s July transaction volume reached a new high of almost US$325 million, a 118% increase from an historic high attained in June.

Fast facts

  • The new numbers make OpenSea the most active NFT marketplace.
  • OpenSea’s July NFT transaction numbers and transaction fees were also records, at 457,700 and US$21.78 million, respectively, breaking the previous transaction number and fee records of 211,400 in June and US$10.5 million in March, respectively.
  • In July, Opensea raised US$100 million and hit a valuation of US$1.5 billion in its latest funding round, making it a unicorn startup company.
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