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NFT Lending Volume Crashes 97% as Sector ‘Matures’, says DappRadar

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NFT lending volumes have collapsed 97% since Jan 2024, falling from nearly $1 billion to $50 million. Analysts trace the slide to fading airdrop incentives and liquidations, yet consider it a maturation phase as protocols cater to long-term collectors and adopt real-world asset collateral.
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