NFT lending volume surpassed 2 billion in first quarter
According to a CoinGecko report, the lending market with non-fungible tokens (NFTs) as collateral exceeded $2 billion in first-quarter transaction volume, continuing to grow 44% compared to the fourth quarter of 2023. Lending platform Blend has shown significant dominance in the market, with monthly loan volume of $562.3 million as of March 2024, accounting for nearly 93% of the market share.
Release time
2024-04-24 18:03:42