NFT Lending Platform Blend Surpasses $6.789 Billion in Cumulative Transactions
Publication Time:2024-08-19 05:26:07
According to the latest data, the globally recognized NFT lending platform Blend has achieved a cumulative transaction volume of $6.789 billion. This figure was calculated by aggregating all borrowing activities on the Blend platform through the support of the Dune Analytics data analysis platform. In these transactions, a total of 750,071 loans were made, reflecting high demand and activity in the market for NFT lending services. At the same time, the user base of the Blend platform is constantly growing, with a current total of 11,481 independent accounts having borrowed funds, while the number of accounts participating in lending reached 4,595. This indicates that not only a large number of users choose Blend for financial support, but also a diverse group of users are willing to use their NFT assets as collateral for loans, demonstrating the diversity and potential of the NFT lending market.
NFT Lending
Blend Platform
Total Transaction Volume
Independent Accounts