OpenSea Reclaims Top Spot as the Most-Traded NFT Marketplace

OpenSea, a non-fungible token marketplace once known as the market leader in the non-fungible token market, has returned to the top spot.

OpenSea has returned to the top spot in February as the most-traded non-fungible token marketplace in terms of users and trading sales volume. The non-fungible token marketplace has recorded a trading sales volume of over $211 million in the past 30 days, taking 47.8% of the NFT market share.

Non-fungible token marketplace has a trading sales volume of over $211 million in February

Data compiled by nftpulse.org, a multi-chain non-fungible token collections explorer, shows that OpenSea was the most traded non-fungible token marketplace in February. From February 01 to March 01, the non-fungible token marketplace has recorded a trading sales volume of $211 million, becoming the leading non-fungible token marketplace in the non-fungible token market. OpenSea has taken Blur, which took the lead in January 2025.

Non-fungible token marketplace has a trading sales volume of over $211 million in February

Data compiled by nftpulse.org, a multi-chain non-fungible token collections explorer, shows that OpenSea was the most traded non-fungible token marketplace in February. From February 01 to March 01, the non-fungible token marketplace has recorded a trading sales volume of $211 million, becoming the leading non-fungible token marketplace in the non-fungible token market. OpenSea has taken Blur, which took the lead in January 2025.

Blur, another giant Ethereum-based non-fungible token marketplace, and OpenSea’s main market rival was the second most-traded in the global non-fungible token market in February. In the past 30 days, the non-fungible token marketplace has recorded a trading sales volume of $162 million, taking 31% of the total market share.

Magic Eden was the third most traded non-fungible token market platform in February

In February, Magic Eden, another giant cross-chain non-fungible token marketplace, was the third most-traded non-fungible token market platform. From February 01 to March 01, the non-fungible token market platform raised a trading sales volume of $72 million, taking 14% of the total market share. During this period, OKX, a non-fungible token marketplace that works seamlessly with over 10 networks, including Ethereum, Solana, Polygon, and the BNB Chain blockchain networks, and Dew were the fourth and fifth most-traded non-fungible token marketplaces in February. OKX and Dew recorded a trading sales volume of $20 and $14 million, respectively.

OpenSea is also beating all in terms of users

OpenSea has also beaten all in terms of users in February. In the past 30 days, the non-fungible token market platform has 204,000 users, taking 42% of the total 482,000 users in the top five non-fungible token marketplaces. Magic Eden distantly follows OpenSea with 176,000 users, taking 36.6% of the market share. Tensor and Blur were the third and fourth most-adopted non-fungible token marketplaces, recording 45,000 and 17,000 users, respectively.