OKX Dominates NFT Trading Volume

NFT marketplace OKX has seen a remarkable surge in trading volume, surpassing both Blur and OpenSea on September 16, 2023.

OKX Dominates NFT Trading Volume

OKX NFT marketplace has recently demonstrated its growing appeal. On September 16, the trading volume on the platform reached $11.54 million, marking a significant 114% increase. This notable achievement allowed OKX to outpace veteran competitors Blur and OpenSea.

Trading Volume on OKX NFT Marketplace Surges

OKX’s strategy of aggregating liquidity from multiple platforms has provided a broader asset range for traders, distinguishing it in the NFT marketplace.

While OKX still lags behind Blur (49.6%) and OpenSea (14.8%) in terms of active wallets, around 31.13% of addresses on OKX are from Power Users—experienced traders with hands-on expertise. OKX is also targeting the "Degen" segment, a key factor in the platform's success.

31.13% of Addresses on OKX Marketplace from Experienced Users

This indicates that OKX's strategy of liquidity aggregation and catering to diverse user segments is giving it a competitive edge.