Opensea Fees

    OpenSea earning through Polygon transactions.

    Introduction

    • what is OpenSea?

      OpenSea is a global marketplace for buying and selling NFTs. In OpenSea, you can buy and sell and exchange all these tokens with people around the world. It is currently the largest decentralized marketplace for digital goods.

    • Which chains OpenSea Support?

      OpenSea offers cross-blockchain support across the Ethereum, Polygon, Klatyn, and Solana blockchains

    • since when OpenSea start supporting polygon?

      Beginning in July 2021, users can use Polygon to create, buy and sell NFTs without paying transaction fees, essentially creating a gas-free marketplace. 

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    Method

    • First, we found two wallets that collect OpenSea fees, and as shown in the two transactions on the right side with image, the two wallets that collect fees in OpenSea are:

      1. 0x8de9c5a032463c561423387a9648c5c7bcc5bc90
      
      2. 0x5b3256965e7c3cf26e11fcaf296dfc8807c01073
      

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    • then with polygon.core.fact_token_transfers we calculate amount fees that sent to these wallets in Total and Daily

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    • We also calculated the total fees paid with each different coins, and We have listed the top ten sellers who paid the highest commissions to make a comparison and help our analysis.

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    • Finally, we made a comparison with Solana so that we can have a better view of the problem

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    • the timeframe for polygon daily analyzes is started from the first block date available on tables

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    Conclusion

    • OpenSea earning :

      last day : 8.23K USD

      last 7 days : 35.3K USD

      last 30 days : 153.1K USD

    • there is a gradual decrease in paid fees from ‘2022-06-06’

    • WETH Token has the biggest share of free volume with 95.2%

    • the top address that paid most fee is related to Nexus Nation Bank collection and nexfi.io

    • polygon users paid more fee than solana users

    Overview

    here, we aim to provide this analyzes:

    • dive to OpenSea sell transactions to find the fee collector wallets

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    • find the earning of OpenSea from fee collecting in USD

    Thanks For your time

    Discord: Abbas_ra21

    Information:

    1. The last Day amount of fees is 8.23K USD which is 2.5% of Total Fees, 5.37% of the last 30 days and 23.31% of the last 7 days.

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    2. The highest fee was on June 15th and the lowest was on the 24th, and it can be said that the highest fee is about four times the lowest.

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    3. What can be seen in this form is a gradual decrease in paid fees and the Recently 3-Day Moving average stats, shows us a state of range and stability

    Information:

    • most of the time polygon users paid more fee than solana users
    • In the first days, Solana had overtaken polygon, but after some time, it was Polygon that had offered OpenSea more fees in most of the analysis days. also, We can see that in normalize chart perfectly
    • we can conclude that polygon users has more activity in OpenSea than solana users.
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    Transaction Hash:

    0xdd1c43ba8bffdbab1b266b6c0512646e7dcd9a43ab558bd65e21a476628ad5de

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    Transaction Hash:

    0x66e905c6cc1c4e331812135b9904a2c9bde21f37f8810bab2816b8678de02f60

    Info about OpenSea fee

    OpenSea provides its marketplace infrastructure for free—it's entirely free to get started setting up a marketplace and using our platform. As compensation for this service, 2.5% of each sale will go to OpenSea.

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    Information:

    1. WETH Token has the biggest share of free volume with 95.2%

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    2. USDC has less share of fee Volume than DAI

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    3. the top address that paid most fee is 0xf1fa9ceb517f67646c9063f315f8b70cf26aa4e8 And you can see it’sits profile on the right side and seems to be creator of Nexus Nation Bank collection which is related to nexfi.io

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