Blur Blows Away OpenSea and Wins 82% of NFT Trading Volume
Blur Blows Away OpenSea and Wins 82% of NFT Trading Volume
One week after the NFT marketplace scrapped the fee it collects on trades, Blur, its upstart rival, hasn’t missed a beat. The four-month-old NFT marketplace has seized a staggering 82% marketshare of the trading volume on Ethereum over the last week, according to a Dune Analytics dashboard created by hildobby, the pseudonymous researcher. Blur cranked into overdrive after the project airdropped 12% of its BLUR tokens to NFT traderson Feb. 14. It has accounted for more than 70% of daily NFT trading volume on Ethereum for every day since the airdrop, prompting OpenSea to cut fees. Blur launched with zero-fee trading, something other marketplaces like SudoSwap, also do.
