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NFT lending volume collapses 97% from peak as market activity collapses

Denis Omelchenko
May 28, 2025
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NFT lending volume collapses 97% from peak as market activity collapses
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The NFT lending frenzy has cooled dramatically, with active borrowers dropping 90% and lenders 78% over the past year. The non-fungible token lending market has collapsed, with monthly volume plunging to just $50 million in May, a staggering 97% drop…

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