- On November 12, 2026, Blur will close its official NFT marketplace website; nevertheless, its on-chain marketplace contracts will continue to function.
- BLUR dropped almost 31.5% in a single day to about $0.0128 on October 13, 2026.
- On November 12, Blend will cease matching new NFT-backed loans, giving debtors until that date to make repayments or face default.
Blur, which was once an Ethereum-based NFT marketplace, will close its official website on November 12, 2026, which is a big change for the platform. The lending protocol called Blend will also stop connecting loans on that same day. Meanwhile, the BLUR token is experiencing selling pressure.
1/ The https://t.co/zPQ1jqR7pT frontend will be deprecated on November 12, 2026.
This deprecation only applies to the frontend.
The Blur marketplace protocol will remain operational on-chain, and $BLUR will continue to control its fee switch.
— Blur (@blur_io) October 12, 2026
The announcement, published on Blur’s official X account on October 12, triggered a sharp market reaction. Blur’s announcement follows the planned shutdown of Blast, an Ethereum Layer 2 network launched by the same founding team. Blast announced its wind-down on October 2 after operating costs exceeded revenue.
Together, the developments highlight the challenges facing crypto platforms built around aggressive incentives and airdrop campaigns.
Blur Website Closure Won’t Stop On-chain Trading
BLUR was priced at about $0.0128 on October 13 2026. The token dropped 31.5% in 24 hours. The price of BLUR went down from about $0.0188 after news about the planned website closure. BLUR got closer to its reported all-time low of $0.01266.
Blur confirmed that the shutdown applies only to its website, blur.io. Its marketplace smart contracts will remain operational on the blockchain, allowing users to continue trading through direct contract interactions or third-party interfaces.
The team also stated that BLUR token holders will retain control over the protocol’s fee switch, a governance mechanism that determines whether trading fees are activated.
However, losing the official interface could make trading less convenient for collectors and professional NFT traders who rely on Blur’s bidding, listing, and liquidity tools.
Blend Borrowers Face November 12 Deadline
Blur’s NFT lending protocol, Blend, will stop matching new loans on November 12. Borrowers must repay their outstanding loans by the deadline or risk default, which could allow lenders to claim their NFT collateral under the protocol’s rules.
Blur said it would provide a frontend tool after the deadline to help users withdraw their assets from Blend.
BLUR Token Extends Its Long-term Decline
The latest sell-off adds to BLUR’s prolonged decline from its all-time high of $5.02, recorded on February 14, 2023. Blur became popular during the NFT boom because it had no trading fees, offered good trading tools, and rewarded users based on platform usage.
At the top in 2023, monthly trading volume was reported to be around $1.3 billion to $1.43 billion. Newer numbers show that monthly trading is now under $7 million, indicating that activity has declined since the high point.
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