NFTGo 2023 NFT Annual Report: Yuga Labs dominates the NFT market trading volume, with wash trading volume accounting for 35%

According to the NFT 2023 annual report data released by NFTGo.io, in 2022, BAYC will have the largest transaction volume among the blue-chip projects dominating the NFT market, reaching 639,000 ETHs, accounting for 7% of the total transaction volume. Otherdeeds and MAYC, both belonging to Yuga Labs, will be ranked Two and three, respectively 5.47% and 5.07%. In the case of washing trading (Washing Trading) is removed, OpenSea ranks first in the total annual transaction volume of major NFT trading platforms, with a total transaction volume of about 7.74 million ETH, which is 6 times the total transaction volume of the second-ranked LookRare. Blur has been online since October last year, with a total transaction volume of nearly 400,000 ETH in three months, and its average daily transaction volume exceeded OpenSea in December. In addition, NFT trading platforms are more focused on vertical areas, such as mandatory royalties, data dashboards, batch quick purchases, aggregated price comparisons, etc. If wash trading is not excluded, the transaction volume of LooksRare in 2022 will exceed that of OpenSea, about 10 million ETH. In 2022, the total amount of wash trading is about 9 million ETH, accounting for 35% of the total trading volume for the year.