BLUR price crashes 29% as NFT marketplace plans shutdown
- Published
BLUR fell sharply after Blur said it will shut down its website and stop new Blend loans on November 12, 2026. The market reaction came alongside details that Blend borrowing is still tied to repayment deadlines, while Blur’s marketplace contracts will keep running after the website closes.
Key claims & sources
What it means
BLUR holders and users of Blur’s NFT lending tools notice the change immediately because the website shutdown and end of new Blend loans are set for November 12, 2026. Borrowers using Blend also face repayment deadlines tied to the closure timeline.
In practice, the website is set to go offline while the marketplace contracts stay active, so the service changes shape rather than disappearing entirely. New NFT lending through Blend will no longer be available after the shutdown date, but the on-chain contracts are described as still operating.
Market reaction i
Blur fell 8.0% in the 4 hours after the first headline, after rising 3.9% in the 2 hours before.
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Coverage timeline
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