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Coin Edition 2023-05-10 11:58:03

NFT Loan Volume Skyrockets to $67 Million as Blend Leads the Charge

NFT loan transaction volume reaches a six-month high of $67 million, with Blend capturing 75% of the market share. Blend’s introduction correlates with a short-term increase in the floor prices of prominent NFT collections, according to data from OpenSea. Critics argue that NFT lending platforms like Blend may create liquidity risks. According to Dune analytics The post NFT Loan Volume Skyrockets to $67 Million as Blend Leads the Charge appeared first on Coin Edition .

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