- OpenSea Faces Competition From SudoSwap
- SudoSwap Daily Trading Volume Touches 10% of OpenSea.
- SudoSwap Ready to Give Head to HEad competition to OpenSea
Even after a subtle drop in the crypto sphere, many companies are joining the marketplace. One such newbie is a Non-fungible token marketplace that is giving tough competition to អូសា។. This new NFT marketplace is clearly snatching a small percentage of the market share from OpenSea.
The decentralized NFT marketplace SudoSwap is giving tight-end competition to the dominant company. SudoSwap is disrupting អូសាកា powerful stranglehold in the NFT market. The daily trading volume is approximately 10% of អូសាកា in less than a month.
The decentralized NFT marketplace was launched in early July and framed itself as a highly flexible, gas-efficient, and fully on-chain.
ទាមទារគម្រោង,
“Currently, the NFT market relies on centralized order books that are subject to downtime and centralization risk. sudoAMM changes that by being fully on-chain. Anyone can source the same liquidity used by the sudoswap marketplace in their applications using just Ethereum.
រចនាសម្ព័ន្ធទីផ្សារសម្រាប់ NFTs មិនមានប្រសិទ្ធភាពដោយសារថ្លៃសេវា។ អ្នកទិញជាញឹកញាប់ត្រូវការការឡើងថ្លៃ 10% ដើម្បីគ្រាន់តែបំបែក។ ការជួញដូរនៅលើ SudoSwap មានន័យថាអ្នកបង់ថ្លៃត្រឹមតែ 0.5% ធៀបនឹងថ្លៃសេវា 7.5% ធម្មតា (2.5% + 5% ថ្លៃសួយសារ) នៅលើវេទិកាផ្សេងទៀត ដែលអនុញ្ញាតឱ្យរកឃើញតម្លៃកាន់តែប្រសើរ។
SudoAMM ត្រូវបានសរសេរពីមូលដ្ឋានរហូតដល់មានប្រសិទ្ធភាពឧស្ម័នសម្រាប់ពាណិជ្ជករ។ ការជួញដូរ NFTs តែមួយគឺមានតម្លៃថោកដូចកិច្ចសន្យាប្តូរ NFT ដែលមានប្រសិទ្ធភាពបំផុត ហើយនៅពេលជួញដូរ NFTs ភាគច្រើន sudoAMM អាចមានតម្លៃថោកជាងរហូតដល់ 40%!”
The SudoSwap’s total value locked (TVL) currently hovers around $3 Million, up more than 900%.
Source: https://www.thecoinrepublic.com/2022/08/28/opensea-faces-tough-competition-from-new-nft-market-competitors/