According to ChainCatcher, according to Dune data, the total transaction volume of Blur's NFT lending platform Blend has reached 6.88 billion US dollars, with a total of 772,251 loans. The current number of independent borrowers on the platform is 11,781, and the number of independent lenders is 4,627.

The rapid growth of Blend shows the strong market demand for NFT lending. Despite market fluctuations, the use of NFT as collateral is gradually gaining popularity.

In addition, Blend's user base is also expanding, and the number of independent borrowers and lenders continues to increase, indicating that more people are participating in this emerging market.

In the future, as more platforms and users join, the NFT lending market may usher in more innovation and development.