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OpenSea’s Trade Volumes Have Increased Since the Start of the Month

Trading volumes on the NFT marketplace OpenSea have increased since the start of this month, registering around $800 million in volume since August began.

By comparison, OpenSea registered a volume of $284.2 million during the previous month and $125.2 million in June.

According to data from DappRadar, OpenSea has seen an increase of $10.8 million in trade volume and around 20,000 transactions.

OpenSea registered $75 million in volume and 80,000 transactions with $1.17 billion in volume across the previous 30 days.

In July, the marketplace raised $100 million in a funding round which was led by a16z, which put the value of the company at $1.5 billion.

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