October 13th 2026, 10:14 AM
Blur NFT Platform Set to Close After Historic Decline
Key Summary
NFT marketplace Blur to shut down its website on November 12, 2026, and stop new loans through Blend, but its Ethereum marketplace contracts will remain operational, marking a fresh hit for the NFT sector after a significant decline in trading volume.
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Introduction
In Ethereum news today, Blur will close its website on November 12, 2026, and stop arranging new loans through Blend, while its Ethereum marketplace contracts remain operational on-chain.Background
Blur launched in 2022 and challenged OpenSea with faster transactions, low marketplace fees, and token rewards aimed at professional traders.Decline
Monthly trading volume fell from about $1.43Bn in March 2023 to less than $7M in March 2026, a decline of more than 99.5%, according to X user @StarPlatinum.Closure
Blur’s website will close on November 12, the same date that Blend will stop matching new loans.Impact
The closure follows Blast’s October 2 shutdown announcement; Tieshun Roquerre, also known as Pacman, created both projects.Analysis
The continued operation of the marketplace contracts does not mean that every Blur feature, or Blend’s new loan-matching service, will remain available.Future
Marketplaces could interact with Blur’s on-chain system by integrating the relevant contracts, but the information provided does not guarantee access to particular features or a replacement interface.#NFT#Ethereum#Crypto#NFTMarketplace