Introduction

In this dashboard, we are going to:

• Analyse NFT trading volume on Polygon network.
• After that we’ll count the number of users who started off with NFTs
• Finally, we will take a look at the top accounts by their profits and loss.

Approach

This bounty requires data from up to last year, so the new dataset for Polygon cannot be used, as it has not yet been backfilled, for that reason we are going to use flipside_prod_db.polygon.udm_events table.

In order to find all the addresses related to NFTs following piece of code is used, then its join to the query table.

select * from polygon.core.dim_labels where project_name like '%opensea%' or project_name like '%nft%'

To find users first interaction, we find the first time a user interacted with an NFT platform (using code above) and compare it with their very first transaction date, if they are same, these users started off with NFT for the first time.

Top Gainers Losers

The charts below show the top gainers and top losers, the Opensea wallet and NULL wallet are excluded from this analysis.

Users Started Off With NFTs

It can be seen that a total of 37 million users (wallets) interacted with Polygon during last year, almost 48k of these users have interacted with an NFT projects for at least one week after the first transaction, these users consist 0.128% of the user base.

Volume

The charts below the amount of transferred volume in USD.

• The first chart, shows the hourly volume in the past week.
• The second chart shows the daily volume in the last month, It can be seen that no volume was transferred during the first five days of July.
• The last chart shows the daily volume in the last year, it can be seen that during March 9 and 10 there was a sharp increase in volume.