Blend 在蓬勃發展的 NFT 借貸市場中佔據主導地位

在非同質代幣(NFT) 呈指數級增長的背景下，NFT 借貸平台已成為關鍵推動者，其中Blend 成為無可爭議的領導者，截至2024 年3 月佔據了驚人的92.9% 市場份額。儘管Arcade 等競爭對手崛起Blend 保持了主導地位，2024 年第一季 NFT 貸款額達到 20.2 億美元，令人印象深刻。

Blend Emerges as Unrivaled Leader in the Rapidly Growing NFT Lending Market

Blend 成為快速成長的 NFT 借貸市場中無與倫比的領導者

Introduction

介紹

As Non-Fungible Tokens (NFTs) continue to proliferate at an unprecedented pace, lending platforms have emerged as indispensable facilitators of liquidity and investment opportunities. Among these platforms, Blend has established itself as the undisputed leader, capturing a dominant market share and driving innovation in the NFT lending space.

隨著不可替代代幣（NFT）繼續以前所未有的速度激增，借貸平台已成為流動性和投資機會不可或缺的促進者。在這些平台中，Blend 已成為無可爭議的領導者，佔據了主導市場份額並推動了 NFT 借貸領域的創新。

Blend's Meteoric Rise

Blend 的崛起

Launched in May 2023 as the lending arm of the esteemed NFT marketplace Blur (BLUR), Blend has achieved an unparalleled market dominance within a remarkably short period. In its inaugural month, Blend seized an astonishing 82.7% market share, a testament to its exceptional value proposition.

Blend 於 2023 年 5 月推出，作為備受推崇的 NFT 市場 Blur (BLUR) 的借貸部門，在極短的時間內取得了無與倫比的市場主導地位。 Blend 在推出的第一個月就佔據了驚人的 82.7% 市場份額，證明了其卓越的價值主張。

Since then, Blend's preeminence has remained unchallenged. Its monthly market shares have consistently hovered between 88.8% and 96.5%, leaving competitors trailing in its wake. The first quarter of 2024 witnessed Blend's NFT lending volume skyrocket by a staggering 49.2% quarter-on-quarter (QoQ), reaching an unprecedented $2.02 billion.

從那時起，Blend 的卓越地位就一直沒有受到挑戰。其月度市佔率一直徘徊在88.8%至96.5%之間，讓競爭對手緊追在後。 2024 年第一季度，Blend 的 NFT 借貸量較上季激增 49.2%，達到前所未有的 20.2 億美元。

Arcade and NFTfi Emerge as Notable Players

Arcade 和 NFTfi 成為著名玩家

While Blend reigns supreme, Arcade (ARCD) and NFTfi (NFTFI) have emerged as formidable contenders, securing 2.8% and 2.2% market shares respectively. As of March 2024, their lending volumes stood at $16.94 million and $13.32 million. Both platforms have maintained consistent market shares above 1.0% since the previous year.

雖然 Blend 佔據主導地位，但 Arcade (ARCD) 和 NFTfi (NFTFI) 已成為強大的競爭者，分別佔 2.8% 和 2.2% 的市場份額。截至 2024 年 3 月，他們的貸款額分別為 1,694 萬美元和 1,332 萬美元。自去年以來，這兩個平台的市佔率一直保持在 1.0% 以上。

Arcade has exhibited remarkable momentum, experiencing a surge in lending volume to $39.46 million in Q1 2024, representing a substantial 37.1% QoQ increase. NFTfi has also demonstrated robust growth, with its lending volume rising by 48.3% QoQ to reach $35.88 million. The recent token launch by Arcade in April 2024 and NFTfi's impending token launch introduce intriguing variables that could further drive their lending volumes.

Arcade 表現出了驚人的勢頭，2024 年第一季的貸款額激增至 3,946 萬美元，較上季大幅成長 37.1%。 NFTfi 也表現出強勁的成長勢頭，貸款金額較上季成長 48.3%，達到 3,588 萬美元。 Arcade 最近在 2024 年 4 月推出的代幣以及 NFTfi 即將推出的代幣引入了有趣的變量，可能會進一步推動其貸款量。

Expansion of the NFT Lending Landscape

NFT 借貸格局的擴大

The NFT lending industry has expanded beyond the dominance of the leading players, with platforms like X2Y2, BendDAO, and Parallel Finance also holding modest market shares ranging from 0.5% to 0.8%. The total NFT lending volume reached an impressive $2.13 billion in Q1 2024, signifying a significant 43.6% quarterly increase.

NFT 借貸行業已經超越了領先企業的主導地位，X2Y2、BendDAO 和 Parallel Finance 等平台也佔據了 0.5% 至 0.8% 的適度市場份額。 2024 年第一季，NFT 借貸總額達到令人印象深刻的 21.3 億美元，季增幅高達 43.6%。

January 2024 stands out as a record-breaking month, with $0.90 billion in monthly NFT lending volume, surpassing the previous high achieved in June 2023. Lending platforms have played a pivotal role in unlocking this growth, providing NFT holders with the flexibility to access liquidity while preserving their prized digital assets.

2024 年1 月是破紀錄的一個月，每月NFT 借貸量達到9 億美元，超過了2023 年6 月創下的歷史新高。提供了獲取流動性的靈活性同時保留他們珍貴的數位資產。

Ethereum vs. Bitcoin Ordinals

以太坊對比比特幣序數

Traditionally, Ethereum NFT collections have been the primary source of loans in the NFT lending market. However, the recent surge in popularity of Bitcoin Ordinals has raised questions about their potential impact on NFT lending. Bitcoin Ordinals, which are digital inscriptions stored on the Bitcoin blockchain, introduce the possibility of lending and borrowing Bitcoin-based NFTs.

傳統上，以太坊 NFT 收藏品一直是 NFT 借貸市場的主要貸款來源。然而，比特幣序數最近的流行引發了人們對其對 NFT 借貸的潛在影響的質疑。比特幣序號是儲存在比特幣區塊鏈上的數位銘文，它引入了基於比特幣的 NFT 借貸的可能性。

The future trajectory of NFT lending in the face of Bitcoin Ordinals remains uncertain, but it is a development that bears close observation. The unique characteristics and attributes of Bitcoin Ordinals could potentially reshape the NFT lending landscape, opening up new opportunities for borrowers and lenders alike.

面對比特幣序數，NFT 借貸的未來軌跡仍不確定，但這是一個值得密切觀察的發展。比特幣序號的獨特特徵和屬性可能會重塑 NFT 借貸格局，為借款人和貸款人帶來新的機會。

Conclusion

結論

As the NFT market continues to mature and evolve, lending platforms like Blend, Arcade, and NFTfi will play an increasingly important role in providing liquidity and facilitating investments. The competition in the NFT lending space is expected to intensify, with each platform vying to offer the most attractive terms, lowest fees, and innovative features to attract borrowers and lenders.

隨著 NFT 市場的不斷成熟和發展，像 Blend、Arcade 和 NFTfi 這樣的借貸平台將在提供流動性和促進投資方面發揮越來越重要的作用。 NFT 借貸領域的競爭預計將加劇，每個平台都將競相提供最具吸引力的條款、最低的費用和創新功能來吸引借款人和貸款人。

For NFT holders seeking to monetize their assets without selling them, lending platforms provide a valuable solution. By leveraging the power of these platforms, NFT holders can unlock the liquidity of their digital treasures while maintaining ownership and profiting from potential price appreciation. As the NFT market expands and new lending platforms emerge, the opportunities for savvy investors and borrowers in this dynamic sector will continue to grow.

對於尋求在不出售資產的情況下將其資產貨幣化的 NFT 持有者來說，借貸平台提供了一個有價值的解決方案。透過利用這些平台的力量，NFT 持有者可以釋放其數位財富的流動性，同時保持所有權並從潛在的價格升值中獲利。隨著 NFT 市場的擴大和新借貸平台的出現，精明的投資者和借款人在這個充滿活力的領域的機會將繼續增長。