LooksRare Outperforms OpenSea NFT Volume with 20x Fewer Users
ooksRare, a novel non-fungible token (NFT) marketplace, has exceeded USD 931.33m in trading volume since its official launch on January 10. During the same span of time, the major NFT marketplace OpenSea has recorded a volume of USD 219.2m, according to Dune Analytics data.
LooksRare has onboarded a total of 7,964 users since its launch, while 165,177 users have interacted with OpenSea since January 10.
Therefore, it can be inferred that LooksRare has outdone OpenSea by 4.25x in terms of trading volume with 20x fewer users.
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