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

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. source: https://cryptonews.com/news/nft-lending-volume-crashes-97-dappradar/