Blend 在蓬勃发展的 NFT 借贷市场中占据主导地位

在非同质代币 (NFT) 呈指数级增长的背景下，NFT 借贷平台已成为关键推动者，其中 Blend 成为无可争议的领导者，截至 2024 年 3 月占据了惊人的 92.9% 市场份额。尽管 Arcade 等竞争对手崛起Blend 保持了主导地位，2024 年第一季度 NFT 贷款额达到 20.2 亿美元，令人印象深刻。

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

Blend 成为快速增长的 NFT 借贷市场中无与伦比的领导者

Introduction

介绍

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.

随着不可替代代币（NFT）继续以前所未有的速度激增，借贷平台已成为流动性和投资机会不可或缺的促进者。在这些平台中，Blend 已成为无可争议的领导者，占据了主导市场份额并推动了 NFT 借贷领域的创新。

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 于 2023 年 5 月推出，作为备受推崇的 NFT 市场 Blur (BLUR) 的借贷部门，在极短的时间内取得了无与伦比的市场主导地位。 Blend 在推出的第一个月就占据了惊人的 82.7% 市场份额，证明了其卓越的价值主张。

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.

从那时起，Blend 的卓越地位就一直没有受到挑战。其月度市场份额一直徘徊在88.8%至96.5%之间，让竞争对手紧随其后。 2024 年第一季度，Blend 的 NFT 借贷量环比猛增 49.2%，达到前所未有的 20.2 亿美元。

Arcade and NFTfi Emerge as Notable Players

Arcade 和 NFTfi 成为著名玩家

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.

虽然 Blend 占据主导地位，但 Arcade (ARCD) 和 NFTfi (NFTFI) 已成为强大的竞争者，分别占据 2.8% 和 2.2% 的市场份额。截至 2024 年 3 月，他们的贷款额分别为 1,694 万美元和 1,332 万美元。自去年以来，这两个平台的市场份额一直保持在 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 表现出了惊人的势头，2024 年第一季度的贷款额激增至 3946 万美元，环比大幅增长 37.1%。 NFTfi 也表现出强劲的增长势头，贷款额环比增长 48.3%，达到 3588 万美元。 Arcade 最近于 2024 年 4 月推出的代币以及 NFTfi 即将推出的代币引入了有趣的变量，可能会进一步推动其贷款量。

Expansion of the NFT Lending Landscape

NFT 借贷格局的扩大

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 借贷行业已经超越了领先企业的主导地位，X2Y2、BendDAO 和 Parallel Finance 等平台也占据了 0.5% 至 0.8% 的适度市场份额。 2024 年第一季度，NFT 借贷总额达到令人印象深刻的 21.3 亿美元，季度增幅高达 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 月是破纪录的一个月，每月 NFT 借贷量达到 9 亿美元，超过了 2023 年 6 月创下的历史新高。借贷平台在释放这一增长方面发挥了关键作用，为 NFT 持有者提供了获取流动性的灵活性同时保留他们珍贵的数字资产。

Ethereum vs. Bitcoin Ordinals

以太坊对比比特币序数

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.

传统上，以太坊 NFT 收藏品一直是 NFT 借贷市场的主要贷款来源。然而，比特币序数最近的流行引发了人们对其对 NFT 借贷的潜在影响的质疑。比特币序号是存储在比特币区块链上的数字铭文，它引入了基于比特币的 NFT 借贷的可能性。

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.

面对比特币序数，NFT 借贷的未来轨迹仍不确定，但这是一个值得密切观察的发展。比特币序号的独特特征和属性可能会重塑 NFT 借贷格局，为借款人和贷款人带来新的机会。

Conclusion

结论

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.

随着 NFT 市场的不断成熟和发展，像 Blend、Arcade 和 NFTfi 这样的借贷平台将在提供流动性和促进投资方面发挥越来越重要的作用。 NFT 借贷领域的竞争预计将加剧，每个平台都将竞相提供最具吸引力的条款、最低的费用和创新功能来吸引借款人和贷款人。

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.

对于寻求在不出售资产的情况下将其资产货币化的 NFT 持有者来说，借贷平台提供了一个有价值的解决方案。通过利用这些平台的力量，NFT 持有者可以释放其数字财富的流动性，同时保持所有权并从潜在的价格升值中获利。随着 NFT 市场的扩大和新借贷平台的出现，精明的投资者和借款人在这个充满活力的领域的机会将继续增长。