Add as a preferred source on GoogleBlur Sets Nov. 12 Frontend Shutdown as BLUR Falls 16.55%
The marketplace protocol will remain operational, while Blend will stop matching new loans and borrowers must repay or accept default before the deadline.
Blur will close its frontend and stop matching new loans through its Blend NFT lending protocol on Nov. 12, 2026, while its onchain marketplace protocol remains active and BLUR drops more than 16%.
Blend borrowers must repay their loans by the shutdown date or allow them to default. Blur will later provide a frontend tool allowing users to withdraw their assets from Blend.
The marketplace protocol will continue operating after the frontend closes, and BLUR will retain control of the protocol’s fee switch. The announcement separates the user-facing service and lending activity from the underlying onchain marketplace.
BLUR fell to 0.01410 USDT before recovering to 0.01523 USDT. The token was down 16.55% over 24 hours.
The frontend shutdown and halt to new Blend loan matching are scheduled for Nov. 12.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.