Marketplace OpenSea remains the leader in the segment of non-exchangeable tokens with a trading volume of $4.2 billion, followed by LooksRare, launched at the beginning of January ($2.25 billion).
Non-exchangeable token (NFT) trading volume surpassed a record $6.86 billion in January, according to The Block. The figure is up 157% from December 2021.
The OpenSea Marketplace accounted for the majority (61.4%) of trading volume ($4.21 billion). The second place (32.8%) was taken by LooksRare, launched in early January ($2.25 billion). The marketplace launched on Jan. 10 and distributed $200 million worth of its own LOOKS tokens to OpenSea users on the first day of trading.
Previously, the OpenSea marketplace reimbursed users for a total of 750 ETH ($1.9 million, as of the morning of January 31), which were incurred as a result of a platform malfunction that allowed them to purchase NFTs well below their market value.