Nansen: Blend has facilitated nearly 16,000 loans totaling 123,500 ETH worth approximately $225 million

2023/05/26 23:05
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NFT marketplace giant Blur launched Blend , a peer-to-peer lending platform earlier this month, which has facilitated nearly 16,000 loans totaling 123,500 ETH, or $225 million, according to a report published by Nansen . Blend for CryptoPunks and Bored Ape Yacht Club High-end NFT series such as Club provide loan options. One feature that helps Blend set itself apart from other P2P lenders is that it offers "zero agreement fees for both borrowers and lenders," Nansen said.

Nansen said in the report: "Blend's rapid growth is not surprising, as Blur is arguably the NFT platform of choice for crypto natives and NFT degens. It has contributed significantly to the rapid success of the market."

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