Blur NFT Marketplace to Deprecate Frontend and Halt New Blend Loans on November 12

Blur will shut down its NFT marketplace frontend at blur.io on November 12, though the marketplace protocol will remain operational on-chain, with BLUR token holders maintaining control over the fee switch. Concurrently, its NFT lending platform, Blend, will stop matching new loans on the same date, requiring existing borrowers to repay or let loans default. Statista projects global NFT market revenue to be $318.3 million in 2026, significantly below the peaks seen in 2021 and 2022.