Stephen Katte / Cointelegraph:

DappRadar: NFT lending market volume is down 97% from a peak of ~$1B in January 2024 to ~$50M in May 2025, with borrower activity down 90% and lenders down 78%  —  Average NFT loan sizes have tanked, which DappRadar's Sara Gherghelas says means users are borrowing against low-value assets or being conservative with leverage.

Stephen Katte / Cointelegraph:

DappRadar: NFT lending market volume is down 97% from a peak of ~$1B in January 2024 to ~$50M in May 2025, with borrower activity down 90% and lenders down 78%  —  Average NFT loan sizes have tanked, which DappRadar's Sara Gherghelas says means users are borrowing against low-value assets or being conservative with leverage.

Source: TechMeme
Source Link: http://www.techmeme.com/250601/p4#a250601p4