GONDI’s Surge to NFT Lending Dominance
Even amid cooler NFT markets, GONDI has fired up and surged to dominate the NFT lending scene.
Activity around many NFT projects receded over the past couple of years. Yet one platform that bucked this trend decisively was GONDI, the NFT lending hub.
In Sept. 2023, the NFT lending market was dominated by NFTfi and Blur's Blend, which commanded 27% and 23% market share respectively. At the time, GONDI was facilitating only 1% of the activity here.
But fast forward to today, and the picture is quite different. Now GONDI accounts for a 55% market share majority in the NFT lending space, followed by Blend at 29% and NFTfi at 7%.
Subscribe for free to continue reading
- Support the Bankless Movement
- Access to thousands of articles
- Complete archive of Bankless episodes
- Embark on free quests in Airdrop Hunter
- Daily alpha in your inbox
Already subscribed? Sign in
William M. Peaster
William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he covers the onchain frontier with a particular interest in art, games, and other culture apps. He has a background in creative writing and writes fiction in his free time.
