OKX “captures” NFT trading volume

News

The NFT industry on the OKX industry is developing swiftly. Trading volume on September sixteen exceeded that of Blur and OpenSea. OKX “captures” NFT trading vo...

OKX “captures” NFT trading volume

The NFT industry on the OKX industry is developing swiftly. Trading volume on September sixteen exceeded that of Blur and OpenSea.

OKX captures NFT trading volumeOKX “captures” NFT trading volume. Photo: OKX

The NFT marketplace OKX continues to show its appeal in latest occasions. Specifically, on September sixteen, trading volume on the platform was recorded at $eleven.54 million, an enhance of 114%. This notable achievement also puts OKX ahead of market veteran rivals, Blur and OpenSea.

OKX captures NFT trading volumeTrading volume on the OKX NFT industry improved appreciably on September sixteen. Source: DappRadar

OKX specializes in aggregating liquidity from numerous other platforms, supplying traders a a lot more varied variety of assets. This is viewed as to be the vital approach that created the distinction for OKX in the NFT war.

While they are even now behind Blur (49.six%) and OpenSea (14.eight%) in terms of the variety of lively wallets, all-around 31.13% of addresses on OKX come from Power Users, who are really expert energy consumers of fight. OKX also targets the “Degen” section of gamers, the element that largely determines the accomplishment of this playground.

OKX captures NFT trading volumeKApproximately 31.13% of addresses on the OKX marketplace come from energy consumers. Source: DappRadar

From this it can be viewed that the approach of aggregating liquidity and serving a broad variety of consumers is the aggressive benefit of this platform.

Coinlive compiled

Maybe you are interested:

Join the discussion on the hottest concerns in the DeFi industry in the chat group Coinlive Chats Let’s join the administrators of Coinlive!!!

More From Crypto News

Aster (ASTER) Rises 4.88% in 24 Hours: What the Data Shows
Crypto News

Aster (ASTER) Rises 4.88% in 24 Hours: What the Data Shows

Aster (ASTER) is trading at $0.655837, up 4.88% over the past 24 hours, according to CoinGecko data as of 19:13 UTC on November 11, 2026.

Nov 11, 20264 min read
Bitcoin Misses Stock Rebound as ETF Outflows Hit Day Four
Crypto News

Bitcoin Misses Stock Rebound as ETF Outflows Hit Day Four

Bitcoin failed to follow a broad equity rebound on November 11, trading near $73,993 while Nasdaq-100 futures climbed 1.7% after CoreWeave posted an earnings be...

Nov 11, 20264 min read
OCC Clears Coinbase National Trust Company for Crypto Custody
Crypto News

OCC Clears Coinbase National Trust Company for Crypto Custody

The OCC issued its decision in CD-1370 , formally authorizing Coinbase National Trust Company to operate as a federally chartered trust bank focused on digital-...

Nov 11, 20263 min read
Reported Ankr Ethereum Bridge Drain Exceeds $303,000, The Defiant Says
Crypto News

Reported Ankr Ethereum Bridge Drain Exceeds $303,000, The Defiant Says

The Ankr Ethereum Bridge was drained of more than $303,000 in an exploit carried out across five transactions.

Nov 9, 20262 min read
Binance CFO Steps Down After Reported Hack, Co-CEO Cites Planned Transition
Crypto News

Binance CFO Steps Down After Reported Hack, Co-CEO Cites Planned Transition

Binance’s chief financial officer has stepped down, the exchange confirmed, with the departure landing nine days after the platform suffered what has been descr...

Nov 8, 20263 min read
US Treasury Takes Action Against MEXC Over Alleged $16B in Sanctions-Linked Transactions
Crypto News

US Treasury Takes Action Against MEXC Over Alleged $16B in Sanctions-Linked Transactions

The Treasury press release identifies MEXC as the subject of the action and ties the exchange to transaction flows connected to three sanctioned or adversarial...

Nov 7, 20263 min read
Shiba Inu

Author

Shiba Inu

Read more CoinLive coverage and analysis from Shiba Inu.