Blur Research Hub | BLUR information, history and analysis
Blur is an NFT exchange launched in October 2022, positioned for professional NFT traders. The project has steadily increased transaction volume since its launch, sometimes even surpassing Ethereum’s largest exchange, OpenSea, in this market share.
Blur has many highlights such as:
– The system operates extremely fast and the transaction fee is zero.
– Good interface, many tools: Blur.io aggregates NFTs from many other exchanges, all information is constantly updated.
– Portfolio management tool: Display outstanding information about NFT, profit/loss, time to buy…
BLUR is the main governance token, ensuring the operation of the project. BLUR tokens will be allocated on a 4-year schedule, starting from February 2023.
In addition to the above information, the project has not announced any more information about BLUR token, ONUS will continuously update details to the community.
Blur has now launched on the Blast blockchain, enabling trading of NFTs on Blast. Users only need to switch to the Blast blockchain on Blur to start trading.
This move is expected to encourage more users to engage in trading on the Blast blockchain through Blur, thereby increasing the overall activity and transactions on the platform.
Whale accumulates 3 million BLUR tokens
According to Foresight News, a whale has accumulated 3 million BLUR tokens, worth approximately $1.88 million, from FalconX and staked them all.
Total transaction volume on Blur platform exceeds US$8 billion
According to DappRadar data, the total transaction volume of NFT aggregation platform Blur has exceeded US$8 billion and currently touches US$8.07 billion, accounting for 22% of the total trading volume of the entire NFT market.
Blur dominates almost 80% of NFT trading volume
November saw $605 million in Ethereum-based NFT trading. That’s up from a monthly trading volume of $306 million in October, an increase of almost 100%.
Just four days into December, NFT trading volume has already reached almost $90 million, with nearly $70 million coming from transactions on the Blur NFT marketplace.
Whale withdrew 2.48 million BLUR
According to Lookonchain, in the last 24 hours, a whale withdrew 2.48 million BLUR ($1.57 million) from Upbit and deposited it to Blur for staking.
Blur surged following Binance listing and airdrop boost
BLUR, the native token of the NFT platform Blur, experienced significant growth in the last 3 days as a result of its latest airdrop and listing on Binance’s convert feature.
Currently, Blur is trading at $0.63, up 17% in the last 24 hours.
BLUR jumps 27% after news of listing on Binance
According to the official announcement from Binance, this exchange will list Blur (BLUR) and open spot trading at 09:00 (UTC) on November 24, 2023.
After the above news was announced, BLUR jumped 27.38% after 24 hours and is now trading at 0.6228 USD.
BLUR jumps even more after rival OpenSea cuts 50% of staff
Blur’s token has leapt in value by another 38% since rival NFT marketplace OpenSea announced laying off 50% of staff.
In the past 3 weeks, the price of this token has increased by 140%.
NFT Marketplace Blur V2 is now live
The latest version introduces significant gas optimizations, reducing transaction costs by 50% for trades.
Blur dominates 82% of the NFT lending market
NFT loan volumes have reached an impressive $375 million in May, while NFT trading volume during the same period amounted to $466 million.
Blur has an 82% dominance over the NFT lending market, and is responsible for a loan volume of $308 million in the past 22 days.