Blur will close its NFT marketplace website on Nov. 12 and stop arranging new loans through its Blend lending service, although its Ethereum smart contracts will remain operational. Monthly trading volume fell more than 99.5%, from about $1.43 billion in March 2023 to under $7 million in March 2026, and the platform recorded no protocol revenue over the past three years. The shutdown comes ten days after the closure announcement of sister project Blast, which was also created by Tieshun Roquerre, and BLUR fell more than 20% to around $0.015. Borrowers have until Nov. 12 to repay their loans, while BLUR holders keep control of the fee switch.
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Related tickers and likely impact
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $309.6B |
| Close on 10/12/2026 | 2,447.17 |
| Change that session | -3.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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