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Magic eden dominates the NFT market

156,000 users, 31.6% share: Magic Eden has successfully attracted 156,000 users, capturing a significant 31.6% of the NFT market. This positions it well ahead of its nearest rival OpenSea, which trails behind by approximately 20,000 users, and significantly ahead of BLUR with just 21,000 users.

$2.8 million in revenue: Financially, Magic Eden outperformed competitors by generating $2.8 million in trading revenue last month, achieving a 45.4% market share. This revenue is about $600,000 more than OpenSea’s earnings and dramatically 9.3 times higher than BLUR’s reported $301,000.

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