Share this article
NFT Marketplace OpenSea to Add Ethereum Layer 2 Protocol for Gas-Free Trading
The NFT site says it will use Immutable X to kill the trading fees that have shocked newcomers.
Updated Sep 14, 2021, 12:34 p.m. Published Apr 1, 2021, 2:05 a.m.
Make us preferred on Google
Non-fungible token (NFT) marketplace OpenSea is planning to integrate an Ethereum scaling solution in a bid to remove costly gas fees, a sticking point for many of the new users rushing into the NFT space.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The marketplace says it will be adding support for trading via decentralized protocol Immutable X. OpenSea said Wednesday the technology will provide instant trade confirmation, increased scalability and zero gas fees.
“Integrating Immutable X enables us to offer users a gas-free trading experience without sacrificing the security of the Ethereum network,” said OpenSea Head of Product Nate Chastain. “We're rolling this out for ... future game developers and players on OpenSea who will benefit from this scaling solution.”
The protocol is capable of processing over 9,000 transactions per second, according to a press release.
"We built Immutable X as a ZK-rollup in partnership with StarkWare," the firm wrote in an October 2020 blog post. ZK-rollups are a cryptographic method for verifying and settling transactions en masse. StarkWare, one of the leading developers of the technology, recently raised $75 million in a Series B funding round.
In its blog post, Immutable X added:
"ZK-rollups are the only solution above capable of scale without compromise, and though they still have disadvantages in the area of general computation, those challenges are rapidly being resolved."
Read more: NFT Marketplace OpenSea Raises $23M, Led by Andreessen Horowitz
OpenSea is one of the world's largest NFT marketplaces and has been hitting its stride with the recent hype and demand in everything from tokenized art and music to digital wearables.
The platform recently announced a $23 million fundraise led by Silicon Valley venture capital firm Andreessen Horowitz in an effort to support its 100x growth in the last six months.
"OpenSea’s support is a massive addition to Immutable X and a step forward for scaling Ethereum NFTs," said Immutable co-founder Robbie Ferguson. "We look forward to supporting their insane exponential growth with our protocol."
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Here's what Fed's highly anticipated rate decision this week means for bitcoin and the dollar
Powell could signal a "dovish pause," but his comments on other issues may temper the bullish reaction in BTC and other risk assets.
What to know:
- The Fed is expected to keep rates unchanged this Wednesday.
- Powell could signal a "dovish pause," powering risk assets, including bitcoin, higher.
- His explanation of the status quo decision might put a floor under the dollar.
- Powell may get questions on the impact of Trump's housing affordability measures, perceived threat to Fed's independence and tariffs.
Top Stories
