Stephen Katte / Cointelegraph:

DappRadar: NFT lending market volume has dropped 97% from a peak of ~$1B in January 2024 to ~$50M in May 2025, with borrower activity falling by 90%  —  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 has dropped 97% from a peak of ~$1B in January 2024 to ~$50M in May 2025, with borrower activity falling by 90%  —  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