Blur to Shut Down Website Frontend and Stop Matching New Blend Loans

1. #0110.12
   Initial2026-10-12 22:14 · publication time

   Blur to Shut Down Frontend and Stop Matching New Blend Loans on November 12; BLU

   Blur announced that it will shut down its frontend on November 12, 2026, while its on-chain marketplace protocol will remain operational and BLUR will continue to control the protocol's fee switch. Its NFT lending protocol, Blend, will stop matching new loans on the same date, and borrowers have until then to repay their loans or allow them to default. Blend borrowers with open positions face a hard deadline to repay or default, and the NFT lending market loses the venue that matched its loans. Blur said it will subsequently provide a frontend tool for users to withdraw their assets from Blend. Following the announcement, BLUR fell to a low of 0.01410 USDT before recovering to 0.01523 USDT, down 16.55% over 24 hours according to Binance data. Blur raised $11 million in a seed round in March 2022, with investors including Paradigm, eGirl Capital and 0xMaki.

   Source evidence: wublockchainenglish · theblockbeats · foresightnews · theblockbeats · Decrypt

2. #0210.13
   Confirmation2026-10-13 04:43 · publication time

   Once-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%

   Added background data and related event: Blur's monthly trading volume collapsed over 99% from about $1.43B in March 2023 to under $7M in March 2026; zero protocol revenue over the past three years; the shutdown follows sister project Blast's Oct. 2 closure announcement; BLUR fell over 20%.

   State after update: Blur will retire its website frontend and stop matching new Blend loans on November 12, 2026, while on-chain contracts remain operational and BLUR holders retain control of the fee switch; subsequent coverage adds that monthly volume fell over 99% from its 2023 peak to under $7M, with zero protocol revenue over three years, and that sister project Blast announced its own closure ten days earlier; BLUR fell over 20%. Yuga Labs executives had earlier urged users to revoke Blur contract approvals.

   Source evidence: CoinDesk

3. #0310.13
   Confirmation2026-10-13 05:38 · publication time

   Blur is shutting down its website, so why are NFT collectors cheering?

   Blur announced it will shut down its website frontend on Nov. 12 and stop Blend from matching new NFT loans, prompting cheers from collectors who blame its royalty-free model and token incentives for damaging the NFT market.

   Source evidence: Cointelegraph

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