Blur is shutting down its website next month after trading activity collapsed more than 99% from its peak. The marketplace said Monday that the website will close on November 12 and Blend, its NFT lending service, will stop arranging new loans. Borrowers have until November 12 to repay their loans or allow the loans to default. The closure follows Blast's shutdown announcement and sent the BLUR token down more than 20%. Blur's underlying smart contracts will remain operational on Ethereum.