On-Chain

NFT Collections

Top NFT collections tracked across blockchains

#CollectionPlatformContract

Reading NFT collection data

What the numbers mean

Floor price is the cheapest item currently listed for sale in a collection β€” not an average, and not what most items sell for. Market cap here is the floor price multiplied by the number of items, which assumes every item could be sold at the floor simultaneously. In an illiquid market that assumption rarely holds, so treat the figure as an indicative scale rather than a valuation.

Why NFT data is less reliable than token data

NFT markets trade infrequently. A collection of ten thousand items might see only a handful of sales in a day, so a single transaction can move the apparent floor sharply. Wash trading β€” the same party buying and selling to themselves to manufacture volume β€” has historically been a significant share of reported activity on some marketplaces, which inflates volume figures without reflecting real demand.

What actually drives value

Within a collection, individual items vary enormously in price according to their traits, so the floor tells you little about what a specific item is worth. Across collections, value depends heavily on community, the credibility of the creators, and whether the collection carries any utility. These are far less measurable than the fundamentals behind a token, and they change quickly.

Liquidity is the main practical risk

The most important difference from tokens is how hard NFTs are to sell. A token can usually be sold instantly at close to the quoted price. An NFT must find a specific buyer for that specific item, which can take days or weeks, or may not happen at any price you would accept. Quoted floor prices do not account for that.

Market data on this page is provided for information only and is not financial, investment or tax advice. Cryptocurrency prices are volatile and you can lose money. Always do your own research.