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REGULATION
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2 years ago

NFT Lending Services Are Popping Up Right Now

2023-04-14

REGULATION
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2 years ago

 

According to Dune Analytics, cumulative borrow volume of NFT lending worth more than $500 million. NFT holders are looking for new ways to unlock the value of NFTs without selling them. Lending is the answer to this need. NFTfi is the leader of NFT lending service, follow by BendDao and Arcade. NFT lending services currently have about 20,000 users. The lending use NFTs as collaterals. If payment is not made on time, the NFT will be forced to sell.

 

List of NFT lending services.

1. BendDAO

2. NFTfi

3. Pine

4. Arcade

5. JPEGd
6. Drops

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