2023-04-14
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