Anatomy of an OpenSea Collection
Below, we will give you an in-depth anatomy lesson of an OpenSea collection. To expand the view of each visual, simply click on the image.
The UI across each marketplace slightly differs from one another; however, the principles covered in this session will hold true across each platform.
Understanding how to navigate an NFT collection will allow you to access the full scope of tools available to you as a user, as well as help you make educated decisions about the NFT you want to purchase.

Collection Home Page

Here, you will see a fairly well-known NFT collection home page - Bored Ape Yacht Club. All other collections on OpenSea have the same anatomy, but with different project metrics listed at the top of the page.
Bored Ape Yacht Club and many other successful NFT collections have a blue checkmark next to their collection name, which means it is a verified collection. This blue checkmark is a good indicator that you are buying an NFT from a trusted collection.
You will notice that beneath the collection’s name, it lists the number of items in the collection, the number of owners the project has, the floor price, and the volume traded. These are the four key metrics used to measure each collection on OpenSea, indicated by number 1.
Volume traded is one of the key indicators of how popular an NFT collection is. It refers to the amount of cryptocurrency, such as ETH, that has been exchanged for that particular collection over the project’s lifetime. The floor price refers to the lowest amount of money you are able to spend to own an NFT from that collection. A high floor price and low volume is usually a red flag.
Below the key metrics, you will see tabs for both “Items” and “Activity.” While the “Items” tab lists all NFTs within the collection, the “Activity” tab shows you the latest trades.

Item Page

Here, you see an item page, displaying an NFT from the Bored Ape Yacht Club collection. You can navigate here by clicking on any NFT within the “Items” tab on the home page.
The item page shows you the current owner of the NFT, the current offers the owner is receiving, the NFT’s price history, and buttons to both purchase and make an offer on the NFT.

Properties & Offers

If you scroll down on the item page and expand the “Properties” tab on the left, you can see the traits, or properties, of this particular NFT. NFT traits are defining characteristics; as you can see in this example, this NFT is defined by background color, the clothes the character is wearing, the eye and fur color, and more. An NFT’s rarity percentage is determined by its traits. Clicking on a trait will show you its percentage of rarity as well as other NFTs in this collection that have that same trait.
Beneath the “Listings'' tab, you can see this NFT’s current offers. The “Offers” section shows the purchase offers submitted by Opensea users who are attempting to purchase the NFT at a price cheaper than the current “Buy now” price. Always be careful when accepting offers.
As you can see at number 3, this offer was made in DAI, not ETH, and amounts to only $143 USD, when a BAYC NFT can go for upwards of hundreds of thousands of dollars!

Item Activity

Next, we have the item page’s “Activity” section, which is located just beneath the “Offers” and “Price History” sections.
The “Activity” section allows you to filter the activity based on both Sales and Transfers. Sales will indicate the historical sales activity of an NFT within a collection. Similar to sales, Transfers will show when an NFT was last sent to someone, as well as tell you the associated wallet address of the individual that received the NFT.
Copy link
On this page
Collection Home Page
Item Page
Properties & Offers
Item Activity