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Best NFT Marketplaces on Optimism

Best NFT Marketplaces on Optimism

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February 15, 2023
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Summary: If you are looking to get involved in the world of NFTs, then you'll want to check out some of the best marketplaces that are built on Optimism. The OP network is one of the fastest growing Layer 2's on the Ethereum blockchain with over $900 million in value locked on the platform.

Here are the best NFT marketplaces that are deployed on Optimism:

  1. Quix
  2. OpenSea
  3. Backed (NFT Lending)
  4. Optimarket.io
  5. Tofunft.com
Table of Contents

Quix Optimism NFT Marketplace

Platform Highlights

  • Highest volume in NFT trading on the Optimism Layer 2 network.
  • Home to popular collections on Optimism like Motorheadz and Apetimism.
  • Backed by the official Optimism foundation.
Best NFT Marketplace Optimism
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Audited Proof of Reserves
Audited Proof of Reserves

1. Quix NFT Marketplace

Quix is the largest and most popular NFT Marketplace on the Optimism layer 2 network. It trades the most 24-hour volume at $1,000,000 USD in NFTs through popular collections like OptiPunks, Motorheadz, Bored Town and more. This marketplace also allows you to sell your UniV3 liquidity positions.

Quix NFT Marketplace
#1 NFT Marketplace on Optimism.

2. OpenSea - Optimism

OpenSea is the world's largest NFT marketplace with billions of dollars traded since their inception in late 2020. OpenSea is deployed on the Optimism network, as well as Ethereum, Solana and other platforms - making it a multi-chain NFT Marketplace. It is a good alternative to Quix, but isn't as popular for Optimism artists, creators and collectors.

OpenSea Optimism
#2 NFT Marketplace on Optimism

3. Backed NFT Lending

Backed is an NFT lending platform that allows you to leverage your digital art and collectables as collateral for cash loans.  The loans are denominated in USDC and the interest rates start at 4% APR. Backed is deployed on the Optimism network, as well as the Ethereum mainnet.

Backed NFT Lending
#3 Most Popular NFT Marketplace on Optimism

4. Optimarket.io

Optimarket is a new NFT marketplace that is built specifically for trading digital art and collectables on the OptimismTC layer. It has a simple and user-friendly interface that makes it easy to buy and sell NFTs.

Optimarket.io
#4 Most Popular NFT Marketplace on Optimism

5. Tofunft

Tofunft is another new NFT marketplace that is built on the Optimism network. It focuses on trading digital art, collectables, and gaming assets.

Tofunft
#5 Most Popular NFT Marketplace on Optimism.

Why are NFTs popular on Optimism?

One of the benefits of using a marketplace that's built on Optimism is that you can trade NFTs much faster and cheaper than you can on the Ethereum mainnet. Plus, with gas fees being so high at the moment, it's worth considering using a Layer 2 platform  like this to buy and sell your NFTs.

About Optimism

Optimism is a Layer 2 scaling solution for the Ethereum blockchain that uses Optimistic Virtual Machine (OVM) to facilitate cheap and fast transactions. It is one of the most popular L2 solutions with over $900 million in value locked on the platform.

The ethos of the L2 is to uphold the values of Ethereum by creating an ecosystem that promotes the sustainable growth of networks through public goods funding.

Final Thoughts

The best NFT marketplaces on Optimism are Quix, OpenSea, Backed, Optimarket.io and Tofunft. These offer a variety of different collections and digital assets that can be traded faster and cheaper than if you were to use the Ethereum mainnet. Optimism is a great layer 2 scaling solution and provides users with access to an array of different digital assets. We highly recommend checking out the NFT marketplaces on Optimism if you're looking for some cool collectables or are looking to get involved in NFTs.

Adrian Graham

Co-Founder & former Investment Banker (Finance MBA) turned Full-Time analyst and Head of Research at Buy Bitcoin Bank. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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