Blur NFT Volumes Have Cooled Since Airdrop, But It’s Still Number One

OpenSea might be handling more NFT trades each day, but newcomer Blur is still far ahead in terms of volume


Viacheslav Lopatin/Shutterstock, modified by Blockworks


OpenSea is once again processing more than half of all Ethereum NFT trades — but still has ways to go to catch upstart rival Blur for total volume.

Over the past week, OpenSea has handled around 10,400 Ethereum NFT trades per day, on average, per a popular Dune dashboard by user hildobby.

Blur, the NFT marketplace-slash-aggregator geared towards high volume trading, has seen about 8,500 per day.

In third place is the platform formerly known as Gem, which was acquired by OpenSea last year. The marketplace, which OpenSea renamed to “OpenSea Pro,” averaged out to 2,800 per day across the same period.

But that’s just the number of raw trades. Blur still dominates total weekly volume. It currently sees more than $100 million, taking a 60% slice of the Ethereum NFT market compared to OpenSea’s 18.6%. 

Blur boasts zero-fee trades and limits royalty payments to NFT creators — perks aimed to inspire more trades and, supposedly, better price discovery. It also just launched a peer-to-peer NFT lending protocol, called Blend.

Blur (orange) was responsible for a big uptick in NFT trading volume earlier this year.

Overall, weekly Ethereum NFT volume has dropped since a brief resurgence in February, when Blur hype was at its hottest leading up to a token airdrop on Valentine’s day. At the time, Blur was seeing as much as $519.5 million in weekly NFT volume.

It’s worth noting that hildobby’s dashboard only tracks Ethereum NFTs. Other networks, such as Solana, are handling significant volume these days.

Solana-based Tensor, an NFT marketplace-slash-aggregator in the same vein as Blur, shows around $1.6 million in volume over the past 24 hours, about the same as OpenSea Pro. 

David Canellis contributed reporting.

Don’t miss the next big story – join our free daily newsletter.


Upcoming Events

Hilton Metropole | 225 Edgware Rd, London

Mon - Wed, March 18 - 20, 2024

Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience: Attend expert-led panel discussions and fireside chats Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts.

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Top Icon.png


Osmosis thrived in H2 2023 on the back of increased DeFi activity deriving from recently launched Cosmos-related projects and better market conditions. With new value accrual mechanisms for the native token, Osmosis is well-positioned to continue its strong performance in 2024.



Though the opposing flow trend is likely to slow over time, industry watchers note, bitcoin fund assets could one day eclipse the $90 billion gold ETF space


Celestia had the first mover advantage. EigenDA has staked ether. What sets Avail apart?


Bitcoin moved 1% higher Monday morning in New York, Matrixport analysts say $62,000 could happen next month


It’s hard to believe right now that crypto — even with all of its flexibility and massive capabilities — could ever be like cash on the internet


Michael Saylor announced Monday morning that MicroStrategy bought 3k more bitcoin after the X account was compromised over the weekend


Plus, Pudgy Penguins grows its brand and a group of Autoglyphs sell for $14.5 million