Quarter 1 NFT Lending Over $2 billion
2024-04-24 20:29:43
According to a report by CoinGecko, the non-fungible token (NFT) collateral lending marketplace Quarter 1 has more than $2 billion in trading volume, a sustained 44% increase compared to the fourth quarter of 2023. Lending platform Blend has shown a significant dominance in the market, with a monthly loan volume of $562.30 million as of March 2024, accounting for nearly 93% of the market share.
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