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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% (Stephen Katte/Cointelegraph)

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.

Jun 2, 2025 - 03:10
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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% (Stephen Katte/Cointelegraph)

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.

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