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Blur: Blend Secures Top Spot in NFT Lending With 82% Market Share
Blur quickly gained recognition in the NFT sector, and its lending protocol, Blend, seems to be following suit. Blend’s popularity has skyrocketed since its launch in May, eclipsing its competitors and also dramatically increasing the overall volume of NFT loans. According to data from DappRadar, Blend secured 169,900 ETH ($308 million) in trading volume in just 22 days. The trading volume across all NFT lending platforms? It reached about $375 million, meaning that Blend secured a staggering 82 percent of the lending volume across all NFT lending protocols in less than a month. What’s more, Blend’s market share is likely […]