NFT Marketplace Comparison: Day 1

Comparing OpenSea and Rarible aggregated transactions.

This week we are doing a head-to-head between Rarible and OpenSea to put last week's deep dive into perspective.

The most obvious insight here is the volatility of the NFT marketplace right now. There are massive daily swings in both volume and transaction counts.

It is also interesting to see that OpenSea and Rarible went back and forth for total $USD volume throughout the early part of the year but since early Feb OpenSea has been dominant facilitating nearly 80% of the NFT transactions between the two.