Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide This article is more than 2 years old...
Bitcoin is now the second largest chain by NFT volume
Bitcoin NFT volume has surged since NFT functionality was enabled via the Ordinals protocol.
Quick Take
- Bitcoin is now the second-largest chain by NFT volume.
- According to The Block, this trend began in the first week of May, closing that period at $14 million.
- By May 8, NFT volume rose to $51 million but fell to $31 million the following week.
- Ethereum continues to dominate NFT volume, consistently achieving over $60 million on a week-over-week basis. Nonetheless, Bitcoin has taken a significant market share.


















