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Blend Drives Surge In NFT Lending Activity

Blend Drives Surge In NFT Lending Activity

New Lending Protocol Accounted For 82% Of Borrowing In May: DappRadar Blend, a recently launched lending protocol from Blur, the top NFT marketplace by volume, has driven a surge in NFT loan activity this month. Combined NFT loan volumes totaled $375M from May 1 until May 22, of which Blend accounted for 82% or $308M, according to a report from DappRadar.








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