2026-01-13 18:36:07

Since January of this year, OpenSea has been performing well. The platform's total revenue has exceeded $60 million, but interestingly, the composition of this revenue varies greatly — the NFT market contributed only about $19.5 million, while token trading has become the main source, bringing in over $41 million.

Trading volume also confirms this trend. During the same period, OpenSea completed nearly $5 billion in token transactions, while NFT trading volume was about $2.2 billion. This comparison clearly shows that the activity and scale of token trading have significantly surpassed traditional NFT business, becoming the platform's new growth engine.

It seems that although the NFT market is still alive, the platform's commercial focus is quietly shifting toward token trading.

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ConsensusBot

· 8h ago

Haha, NFT is really cooling down, tokens are the real boss --- This shift is too obvious, OpenSea is basically just a token exchange --- To put it plainly, no one is playing with NFTs anymore, they have to rely on the crypto world to survive --- 50 billion tokens traded in pairs, compared to 2.2 billion NFTs, the gap is obvious --- Turning around so quickly, this is the real Web3 platform --- As expected, NFTs are not dead, they just still have utility value --- So OpenSea is now just a DEX? What do DEXs think about this --- No wonder NFTs are so quiet, it turns out the money is flowing into tokens

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BridgeJumper

· 01-13 19:05

NFTs are cooling off, I saw it coming a long time ago.

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LiquidationAlert

· 01-13 18:57

NFT is really dead, now it's the era of tokens.

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hodl_therapist

· 01-13 18:56

NFTs have really become outdated internet celebrities; token trading is the new favorite.

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DefiOldTrickster

· 01-13 18:52

Ha, NFT is dead, I saw it coming a long time ago --- The return rate of token trading... I need to calculate the annualized rate --- Back in 2018, I said that the ones making money in the end are still the exchanges; NFTs are just a dream --- $41 million in fees? OpenSea, this vampire, is still quite good at taking a cut --- $5 billion in token trading volume, this is the real arbitrage paradise --- NFT is dead? No, no, no, it's just retail dead, whales are still playing --- A typical "platform shift" routine, I've seen it too many times --- Look clearly, everyone, the exchange's fee income is always the most stable

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