随着不可替代代币市场的繁荣，NFT 借贷平台飙升

随着 NFT 的激增，借贷平台已成为关键的流动性和投资促进者。据 CoinGecko 称，Blend 已成为主导力量，到 2024 年 3 月占据了无与伦比的 92.9% 市场份额。本文分析了 NFT 借贷平台的崛起，强调 Blend 的主导地位以及 Arcade 和 NFTfi 等竞争对手的出现，同时探讨了 NFT 借贷平台的潜力序号对行业的影响。

NFT Lending Platforms Thrive Amidst Rapidly Expanding Non-Fungible Token Market

NFT 借贷平台在快速扩张的不可替代代币市场中蓬勃发展

As the Non-Fungible Token (NFT) ecosystem continues to surge in popularity, lending platforms have emerged as indispensable facilitators of liquidity and investment opportunities. Among these platforms, Blend has established itself as the undisputed leader, capturing an astonishing 92.9% market share as of March 2024.

随着不可替代代币（NFT）生态系统的不断普及，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，截至 2024 年 3 月占据了惊人的 92.9% 市场份额。

Blend's Meteoric Rise to Dominance

Blend 迅速崛起并占据主导地位

Launched in May 2023 as the lending arm of the renowned Blur (BLUR) marketplace, Blend has experienced an unparalleled ascent. Within its first month of operation, it secured an incredible 82.7% market share, a testament to its early dominance.

Blend 于 2023 年 5 月推出，作为著名的 Blur (BLUR) 市场的贷款部门，经历了无与伦比的崛起。在运营的第一个月内，它就获得了令人难以置信的 82.7% 的市场份额，证明了其早期的主导地位。

Since then, Blend's dominance has remained unwavering, with monthly market shares consistently hovering between 88.8% and 96.5%. The first quarter of 2024 witnessed a further surge in Blend's lending activity, with NFT lending volume skyrocketing by 49.2% quarter-on-quarter (QoQ) to reach an unprecedented $2.02 billion.

此后，Blend 的主导地位依然坚定不移，月度市场份额始终徘徊在 88.8% 至 96.5% 之间。 2024 年第一季度，Blend 的借贷活动进一步激增，NFT 借贷量环比飙升 49.2%，达到前所未有的 20.2 亿美元。

Arcade and NFTfi: Notable Contenders

Arcade 和 NFTfi：著名的竞争者

While Blend reigns supreme, Arcade (ARCD) and NFTfi (NFTFI) have emerged as significant players, securing market shares of 2.8% and 2.2%, respectively, in March 2024. In terms of lending volume, Arcade recorded $16.94 million, while NFTfi processed $13.32 million.

虽然 Blend 占据主导地位，但 Arcade (ARCD) 和 NFTfi (NFTFI) 已成为重要参与者，2024 年 3 月分别占据 2.8% 和 2.2% 的市场份额。就贷款额而言，Arcade 记录了 1,694 万美元，而 NFTfi 则处理了1332万美元。

Both platforms have consistently maintained market shares above 1.0% since the previous year. Notably, Arcade witnessed a surge in its lending volume to $39.46 million in Q1 2024, representing a 37.1% increase QoQ. NFTfi also experienced robust growth of 48.3% QoQ, with lending volume reaching $35.88 million.

自去年以来，这两个平台的市场份额一直保持在1.0%以上。值得注意的是，Arcade 的贷款额在 2024 年第一季度激增至 3946 万美元，环比增长 37.1%。 NFTfi 也经历了环比强劲增长 48.3%，贷款额达到 3588 万美元。

Arcade's recent token launch in April 2024 and NFTfi's impending token launch introduce intriguing variables that could potentially impact their lending volumes.

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一些有趣的变量，可能会影响其贷款量。

Expanding Landscape and Market Growth

扩大格局和市场增长

Beyond the top three players, the NFT lending industry has witnessed the emergence of platforms such as X2Y2, BendDAO, and Parallel Finance, each holding modest market shares between 0.5% and 0.8%. Collectively, these platforms have contributed to the overall growth of the NFT lending market, which reached an impressive $2.13 billion in Q1 2024, a significant 43.6% quarterly increase.

除了前三名之外，NFT 借贷行业还出现了 X2Y2、BendDAO 和 Parallel Finance 等平台，每个平台的市场份额都在 0.5% 至 0.8% 之间。总的来说，这些平台为 NFT 借贷市场的整体增长做出了贡献，该市场在 2024 年第一季度达到了令人印象深刻的 21.3 亿美元，季度增幅高达 43.6%。

January 2024 set a record with $0.90 billion in monthly NFT lending volume, surpassing the previous high in June 2023. This surge highlights the growing demand for liquidity within the NFT market.

2024 年 1 月，NFT 月度借贷量创下了 9 亿美元的纪录，超过了 2023 年 6 月的历史高点。这一激增凸显了 NFT 市场对流动性的需求不断增长。

Evolving NFT Collections and Future Trends

不断发展的 NFT 系列和未来趋势

Traditionally, Ethereum NFT collections have been the primary source for loans. However, with the increasing popularity of Bitcoin Ordinals, questions arise about their potential impact on NFT lending. As the NFT ecosystem evolves, it is expected that new collections and use cases will emerge, further driving the demand for lending services.

传统上，以太坊 NFT 集合一直是贷款的主要来源。然而，随着比特币序数的日益普及，人们开始质疑它们对 NFT 借贷的潜在影响。随着 NFT 生态系统的发展，预计新的集合和用例将会出现，进一步推动对借贷服务的需求。

Conclusion

结论

The NFT lending industry is poised for continued growth as the underlying NFT market expands. Blend has established itself as the clear leader, but Arcade and NFTfi remain significant players. As new platforms emerge and the ecosystem evolves, the competitive landscape is likely to remain dynamic. Lenders and borrowers alike will benefit from the increasing liquidity and investment opportunities that these platforms provide.

随着基础 NFT 市场的扩大，NFT 借贷行业有望持续增长。 Blend 已成为明显的领导者，但 Arcade 和 NFTfi 仍然是重要的参与者。随着新平台的出现和生态系统的发展，竞争格局可能会保持动态。贷款人和借款人都将受益于这些平台提供的不断增加的流动性和投资机会。