The NFT lending and borrowing space is having a serious moment. Recently, the cumulative borrow volume across all liquidity platforms crossed $1 billion. As the space gets crowded, though, the competition is rolling out new features like “buy now, pay later” services, letting folks scoop up their favorite Bored Ape or Doodle on loan. Seems crazy, right? The niche’s biggest players don’t think so, with some suggesting it’s only up from here.
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