24H Metrics For Hadeswap

Total Metrics For Hadeswap

Comparing Solanart With Other NFT Marketplaces

Data starts from '2022-09-17' and marketplaces that are not active ( marketplaces with no volume ) excluded list of them :

'solana monkey business marketplace','solport','magic eden v1.

Magic Eden is shown in line to make charts more understandable.

Daily Stats For Hadeswap - Data starts from September 22

Top 10 Collections Of Hadeswap By Sales Volume

Magic Eden is included for comperation.

Most Popular 10 Collections In 7 Days

What Is An NFT Marketplace?

NFT marketplaces are platforms where NFTs can be stored, displayed, traded and in some cases minted (created). These marketplaces are to NFTs what Amazon or eBay are to goods.

What Is Solana?

Solana is a blockchain platform designed to host decentralized, scalable applications. Solana can process many more transactions per second and charges lower transaction fees than rival blockchains like Ethereum. \n

What is Hadeswap

The most efficient & decentralized NFT trading platform At the core, it's an Automated Market Maker (AMM) NFT marketplace that improves NFT liquidity and its trading experience.

It enables users to trade and swap NFTs using liquidity pools, exactly like you would trade and swap cryptocurrencies using Uniswap. Some of the key features of hadeswap are:

• 0% platform fees from the start - any change to be decided by governance using $HADES token
• 0% royalty fees per default but you have the possibility to pay them if you wish to do so [not active in lite beta version]
• Progressive selling/buying of NFTs Earn SOL

Methodology

• Unique buyers or sellers = Distinct wallets who sold an nft or bought it.
• If its not specified volumes are shown in $SOL.
• Distribution of volume by marketplace : Volume dominance of NFT marketplaces determined with their volume in $SOL daily, distribution is shown in percentage.
• Distribution of sales by marketplace : Sale dominance of NFT marketplaces determined with nft sale numbers, distribution is shown in percentage.

What’s In This Dashboard

In this dashboard we will we looking at Hadeswap a new rising NFT marketplace on Solana Network

Findings

🕳️ We can see that there was a fight going on over the second place among the NFT marketplaces, while Magic Eden is in the first place indisputably, there was a competition in second place among the marketplaces.

🕳️ While at the start of Oct there was a tight competition but after Oct 9 Hadeswap become the second marketplace of Solana, volume of Hadeswap is still behind the Magic Eden but its higher than its other rivals.

Findings

🕳️ In distribution chart we can see that Hadeswap quickly gained volume from other exchanges on Solana, most of the volume comes from Solanart.

Findings

🕳️ In terms of unique NFTs sold there is a still fight going on marketplaces like exchange art sometimes have higher sale numbers than Hadeswap.

Findings

🕳️ In terms of sale numbers Hadeswap is not going good as its volume, there are few reasons of this most important one is, collections in Hadeswap has higher prices than other exchanges this causes to less sales while volume increases.

Findings

🕳️ We have seen a 1.4M$ peak in the sales volume at the date of Oct 9 this was also the second highest volume marketplace saw.

🕳️ In November 30 we have seen a 1.41M$ Volume what happened in November 30 twitter Hadeswap announced a new user interface + swaps and many additional things, this updates took the interests of users.

Findings

🕳️ We can see that while ABC is in the first place of Hadeswap we have Okey Bears in Magic Eden

🕳️ Claynosaurz is in the place of Top 10 collections of Hadeswap while DeGods is in the Magic Eden,

🕳️ Y00ts is in the third place for both marketplaces

This shows us most of the collections are common, so Hadeswap doesn’t have a bad portfolio in terms of collections.

Findings

1. In terms of Unique Buyers

   1. Lunar NFT have the highest unique buyers with 1336 buyers.
   2. ABC with 775 buyers is in the second place.
   3. Lily with 696 buyers is in the third place.

2. In terms of sales :

   1. ABC is in the first place with 4845 sales

   2. Lunar NFT is in the second place with 4832 sales.

   3. Lily is in the third place with 3232 sales

      It should be noted that sale numbers are correlated with the price of NFTs if they have less price they sold more, of course popularity comes first for collections

3. In terms of average sale price ( SOL ) :

   1. DeGods have the highest average sale price with 290 $SOL sale price.
   2. y00ts mint t00bs is in the second place with 113 $SOL avg sale price.
   3. y00ts have the third highest sale price with 88 $SOL sale price.

Conclusion

🔎 In 7 Days Most Popular collections we can see that while the number of sales are low volume generated from this collections are high this shows us AVG sale price in Hadeswap is high.

🔎 Hadeswap entered the space like the Magic Eden,if we look at Solana we can see that in terms of marketplaces there is not much a competition like Ethereum but with the launch of Hadeswap this things started to change and maybe Hadeswap could become the #1 marketplace of Solana.

🔎 NFT collections in Hadeswap are mostly collections with high floors so for new collections Hadeswap offers a new experience and new chances.