Blur is shutting down its website after trading volume plummeted by 99% 📉 Once the largest NFT exchange on Ethereum, Blur has announced it will shut down its website on November 12. Blend, Blur’s NFT lending service, will also stop offering new loans. According to DefiLlama, Blur’s trading volume reached approximately $1.43 billion in March 2023, accounting for over 70% of Ethereum’s NFT market share. By March this year, that figure had dropped to under $7 million. Here’s an interesting detail: Blur charges no trading fees whatsoever. According to Token Terminal, Blur’s protocol revenue has been $0 over the past three years, despite handling tens of billions in trading volume. 👀 This is the second project by Tieshun Roquerre (alias Pacman) to announce closure in the past 10 days. Earlier, on October 2, his Layer-2 network Blast also ceased operations. Following the announcement, the BLUR token dropped more than 30%, falling to around $0.013. 😄 Living long enough to see Blur shut down while OpenSea still hasn’t launched a token...