ETH: Share of NFT Volume in the Day's Ten Busiest Collections
Included with Plus.
The share of each day's NFT volume in ether that went through that day's ten busiest collections.
Why use it. Shows whether the market is broad or a handful of collections are carrying it. How to read it. Higher means more concentrated. The collections in the top ten can change every day.
Calculation. Covers sales settled on Seaport (the contract OpenSea and several other marketplaces run on), Blur's exchanges, LooksRare and the CryptoPunks contract, read from their own events on CryptoKeyhole's Ethereum archive node. Sales routed through aggregators settle on these contracts and count once. Sales paid in anything other than ETH, WETH, Blur's pool, USDC, USDT or DAI are left out, and so are CryptoPunks bids accepted, whose event logs no price. History is read newest first and reaches back to January 2022 at the earliest: before that most sales ran through a contract whose events do not say what was sold. Prices in dollars convert to ether at the day's close of CryptoKeyhole's ETH/USD index, and the other way round. The open day is a labelled partial.