Blend platform's trading volume in the first week exceeded 39,000 ETH, bringing new vitality to the lending market.

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Blend platform Launch One Week Performance Analysis

The Blend platform has been running for a week since its launch. Through data analysis, we can gain insights into its performance.

The emergence of Blend marks further development in the NFT lending space. Compared to the previous week, the loan volume surged by 370.5%. In this week's transactions, a certain platform accounted for 74.6% of the share.

How has Blend performed in over a week since its launch?

As of now, Blend has facilitated 2,387 transactions, with a total loan amount of 39,112 ETH. The average loan amount per transaction is 16.39 ETH.

Blend has been online for over a week, how is the performance?

There are currently 432 active loans, involving 3,320 ETH. This means that 81% of the loans issued in the first week have been repaid. It is noteworthy that the current average loan size has dropped to 7.68 ETH. This may be because people are gradually becoming aware of the risks associated with high loans.

Blend has been online for more than a week, how is the performance?

Throughout the week, the daily loan volume showed a downward trend, decreasing from 499 transactions on the first day to 295 transactions on the seventh day. This trend may be attributed to a waning sense of novelty and an increased awareness of risk. Additionally, higher Gas fees may also be one of the influencing factors.

Blend has been online for over a week, how has its performance been?

Despite the considerable trading volume this week, it is noteworthy that the number of borrowers and lenders participating in the trades is relatively limited. There are only 574 borrowers and 501 lenders. This reflects a common phenomenon in the NFT market: a small number of users account for the majority of the trading volume.

How has Blend performed in over a week since its launch?

In terms of collectibles, in terms of active loan volume, Milady accounts for 62%, Azuki accounts for 31%, and Punks account for 7%. However, in terms of ETH value, Azuki accounts for 47%, Punks account for 34%, and Milady accounts for 19%.

Blend has been online for over a week, how is the performance?

The floor price changes for each collectible are as follows:

  • Milady: Increased from 2.789 to 3.63 ETH, a growth of 30.1%
  • Azuki: Increased from 15 to 15.09 ETH, a growth of 0.6%
  • Punks: Increased from 50 to 51.88 ETH, a rise of 3.76%

Blend has been online for over a week, how is the performance?

It is worth noting that Milady is the only NFT series that has consistently maintained an increase in floor price. Although Azuki and Punks also showed an upward trend initially, they subsequently experienced significant corrections.

Blend has been online for over a week, how is the performance?

It is reported that the Blend platform will soon introduce a new NFT series, expected to be Nakamigo. This initiative will further enhance the platform's influence and appeal.

How has Blend performed after more than a week of launch?

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GateUser-00be86fcvip
· 07-08 15:35
God's supplement knife Milady is really fierce
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RektButSmilingvip
· 07-08 10:07
It's another Ponzi scheme.
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SelfCustodyIssuesvip
· 07-08 04:56
Gas is too expensive to afford.
View OriginalReply0
LiquidationAlertvip
· 07-05 20:25
Another harbinger of a storm?
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OnchainFortuneTellervip
· 07-05 20:25
It's been so popular in just a week, isn't it great?
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SolidityStrugglervip
· 07-05 20:13
The new play people for suckers harvester is here.
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IronHeadMinervip
· 07-05 20:06
No gas, no cookies to eat.
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SerumSquirtervip
· 07-05 20:00
Another Be Played for Suckers scene has arrived.
View OriginalReply0
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