BLUR Falls 29% as Blur Plans Website Shutdown and Loan Halt

Blur’s BLUR token fell 29.1% to $0.01341 in 24 hours after the NFT marketplace announced plans to discontinue its website frontend and stop matching new Blend loans on Nov. 12, 2026.

The decline left Blur with an approximate market capitalization of $38.75 million. Trading volume reached $42.6 million during the period, while BLUR traded between $0.01267 and $0.01909.

The change affects Blur’s blur.io interface, while the marketplace’s on-chain protocol is scheduled to remain active. BLUR will also continue to control its fee switch.

New loan matching on Blur’s Blend lending platform is also set to end Nov. 12. Existing borrowers face a choice between repaying by the deadline and accepting default. Blur plans to provide a frontend withdrawal tool afterward, but has not announced when it will be available.

The price snapshot was recorded at 12:34 a.m. ET (4:34 a.m. UTC) Oct. 13.

The next concrete deadline for Blur users is Nov. 12, when the frontend and new Blend loan matching are scheduled to end.