Try Quests to earn cryptoQuixotic NFT Dashboard
Q7. Create a secondary market dashboard for NFT sales on Quixotic, the largest NFT marketplace on Optimism! Include any data you think is relevant in our Optimism tables and tell us the most interesting trends you can find with the secondary NFT market.
Quixotic
Quixotic is an NFT Marketplace project focusing on Digital Cards Collectibles, bringing these conventional items from the traditional world into the crypto space. The project believes that every single physical art form needs to be stored and digitized to keep as an original version.
The project runs on top of Optimism, a layer one blockchain scaling solution with high transaction speeds, low cost, and climate-neutral, therefore taking this leverage to offer a cheap, fast NFT Marketplace for Optimism Ecosystem users.
Quixotic is also ready for the cross-chain trend in the future since with the help from Rainbow Bridge, Ethereum Users would easy to transfer their assets to Optimism and use it to buy/sell NFTs on Quixotic, move back the proceeds to the Ethereum chain seamlessly.
Read more - here
Quixotic Exploited on 1st July
According to the Quixotic Twitter post, there has been exploitation of the Quixotic Offer feature.
The attackers apparently targeted Quixotic’s “Offer” feature and stole $100,000. An attacker deployed a contract to bypass some logic on Quixotic’s smart contract over the offering feature. This would let them steal all the tokens used in any offer on Quixotic in any currency.
The NFT marketplace team advised users to cancel their offers as soon as possible, and that all marketplace operations would be halted.
Quixotic had guaranteed and made good to the clients affected by the attack, returning approximately $145,000 to 870 wallets. The exploited contract has been put on hold indefinitely. The attack has had no effect on the NFTs listed on the market.
News from: Cryptotimes
The charts above show the Quixotic OP and ETH markets' sales volume and count. The data confirms the exploitation on July 1st, with more than 200k OP or around $100k on that day or more than 200-300x on the previous days combined.
This proves that the exploitation occurred on the OP market but not on the ETH market, so following this section, we will analyze other Quixotic metrics only from the ETH market to avoid the fault lead in the data from the exploitation.
The data show the Quixotic's sales count, volume, buyers, and sellers, as well as their daily average.
Quixotic has a total of 63.6k sales count or 1.3k sales per day for the last 6 weeks, 928 ETH of sales volume or nearly 20 ETH per day, over 6k NFT buyers or roughly 130 buyers per day, and finally 5.5k sellers or nearly 120 sellers per day.
The left graph shows the Quixotic's daily sales count and volume (ETH). The sales volume peaked on June 23rd at 91.6 ETH, while the sales count peaked on June 27th at nearly 2100 sales.
The chart on the right depicts the Quixotic's daily buyers and sellers. On a daily basis, there are approximately 100-200 buyers and sellers per day, but on July 27th, there is a spike in the seller count of nearly 1400, or more than 4x before that day.
The charts on the right show the top ten NFT collections on Quixotic in terms of sales volume and percentage.
Apetimism and Optipunk are two NFT collections with notable sales volumes of 319 ETH or 40.6 percent and 289 ETH or 36.8 percent, respectively.
The graphics show the daily and cumulative sales volumes. Optipunk had a significant volume of nearly 80 ETH on June 23rd before decreasing after that day.
Throughout the study period, Aptimism had a relatively high sales volume, fluctuating between 1 and 10 ETH per day.
Conclusion
- The data confirms the July 1st exploitation, with more than 200k OP or around $100k on that day.
- Exploitation took place on the OP market but not on the ETH market.
- Quixotic has had 63.6k sales in the last 6 weeks, or 1.3k sales per day, with 928 ETH in sales volume, or nearly 20 ETH per day.
- Every day, there are approximately 100-200 buyers and sellers.
- Apetimism and Optipunk are two NFT collections that have significant sales volumes of 319 ETH or 40.6 percent and 289 ETH or 36.8 percent, respectively.