Ahead of its token unlock this week BLUR the native token for the non fungible token NFT exchange with the same name has slid roughly 4 in the past 24 hours to 31 cents performing worse than the rest of the market as reflected by the Coin Desk Market Index Coin Desk's Jennifer Sanasie presents [...]
Amid an extended crypto winter that has cooled NFT trading, platforms like Blur, Binance and Astaria have introduced new lending options to boost liquidity. While some traders support NFTfi, others say the trend is risky.
According to Nansen data 67 of new non fungible token NFT mints in May are profitable Separately Dune Analytics notes a declining number of monthly active traders this year on Opensea the largest NFT marketplace amid increased weekly volume on Blur an NFT platform geared towards professional traders Coin Desk's Jennifer Sanasie presents The Chart [...]
Non fungible token NFT marketplace Blur's lending platform Blend has captured about 308 million in trading volume in just 22 days since its launch seizing 82 of total NFT lending market share according to a report from blockchain data aggregator Dapp Radar Dapp Radar Web 3 analyst Sara Gherghelas discusses the report's key takeaways and [...]
Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets.
According to multiple dashboards compiled by researchers on analytics platform Dune, OpenSea and Blur are experiencing notable losses in both daily users and sales.