Ethereum layer-2 network Base’s non-fungible token (NFT) ecosystem was in the spotlight in September, achieving the highest number of sales among rivals, based on data from DappRadar. Base’s NFTs secured five position in the top ten by sales in September, with DX Terminal and BasePaint taking the first and second places. This impressive performance showed how quickly Base is becoming a place for new NFT projects, moving into areas often filled by Ethereum and Polygon. Although Base NFT sales increased, data from DappRadar indicated that most trading activity still came from Polygon and Ethereum collections. The Polygon-based Courtyard topped the month with $43.9 million, while Ethereum-based Moonbirds and CryptoPunks followed with $34 million and $25.8 million, respectively. At the same time, Base’s DX Terminal ranked fourth in trading volume with $25.5 million, demonstrating a nearly 1,700% jump, according to DappRadar. DX Terminal was key to Base’s success in the NFT rankings. The project had 1.27 million sales, which was over 1,000% more than the previous month. In September, it also had over 200,000 traders buying and selling NFTs. The project features a gaming system where NFTs act like AI-powered traders in a retro-futuristic market simulation.
Each NFT represents a unique character with its own traits and behaviors. These characters compete to gather in-game wealth and status while responding to player actions, competing businesses, and non-player characters. Unlike typical NFT games that provide play-to-earn (P2E) rewards, DX Terminal does not give direct token prizes or real cash payouts. The game has in-game tokens, but they aren’t related to real money. In May, DX Terminal announced that its in-game currency, WEBCOIN, operates offchain and is managed internally. “The in-game currency has no real-world worth, and any outside tokens claiming to be linked are not official”, the team explained. Among the ten NFTs with the highest trading volumes, only DX Terminal and Immutable’s Guild of Guardians Heroes NFTs, which are linked to a role-playing game (RPG), saw their values rise in September. DappRadar revealed that popular collections like CryptoPunks, Pudgy Penguins, and the Bored Ape Yacht Club (BAYC) experienced a drop in trading volume of about 50% to 60% over the past month. Even Courtyard and Moonbirds, which were first and second in trading volume for the month, recorded declines of about 25% and 13.6%, respectively.