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Following
BLUR Blur will cease providing frontend services on November 12, 2026. However, the underlying protocols will continue to operate as usual.
Blur announced that its frontend interface will be officially shut down on November 12, 2026. Nevertheless, the NFT trading platform will not disappear completely. The underlying protocols will continue to run on the blockchain, and users will still have control over the fees associated with using BLUR tokens.
This same date marks a significant change in Blur’s lending platform, Blend. Blend will no longer accept new loan requests. Borrowers will be given time until the deadline to repay their loans; otherwise, they risk defaulting. According to official announcements, users who still hold Blend assets after the deadline will receive corresponding withdrawal tools.
What has happened to Blur?
In March 2022, Blur completed a seed round of financing worth $11 million. Since then, it has become a major competitor to OpenSea, targeting professional NFT traders. Since its launch in October 2022, Blur has quickly gained a large number of users thanks to its zero transaction fees, bulk trading tools, and token reward system. In February 2023, the issuance of BLUR tokens sparked a wave of activity. Subsequently, the launch of the Blend platform further expanded Blur’s services to include lending based on NFTs.
As of December 2023, Blur accounted for 80% of the NFT market's transactions. After recording transactions worth $1.5 billion, Blur continued to maintain its leading position in the first quarter of 2024. However, as the volume of NFT transactions decreased and demand for lending reduced, its advantages gradually weakened. By 2025, OpenSea began to regain market share, while Blur moved in the opposite direction. In April 2026, KuCoin removed BLUR from its leverage margin trading options. Two months later, Binance placed this token on a “monitoring list”.
The shutdown trend continued in 2026: several cryptocurrency and Web3 platforms announced their plans to shut down or withdraw from the market. NFT platform Nifty Gateway and social collection app Rodeo both announced their closures, while Foundation announced its closure in April due to failed sales attempts. Meanwhile, less than two weeks after Blast announced its planned closure in October, news of Blur’s closure surfaced.
Interestingly, both projects were founded by Blur’s founder, Tieshun Roquerre (better known as Pacman), and were developed by the same team. Blast, a Ethereum-based expansion network, also announced its closure more than two years after its launch. The reason given was that “the economic model behind operating this chain is no longer viable.” Due to declining activity, the project could no longer cover its operational costs.
