Blur announces retirement of blur.io and an end to new Blend loans on 12 Nov 2026
12 Oct 2026funds not affected- Outcome
- Operational wind-down of the interface, not a security incident; contracts remain live
Blur is an NFT marketplace and aggregator on Ethereum that launched in October 2022 with backing from Paradigm and became, for a time, the largest venue for Ethereum NFT trading 23. It was built for active traders: it pulled listings from several marketplaces into one interface, charged no marketplace fee and rewarded users with its BLUR token 36. On 12 October 2026 Blur announced it will stop running the blur.io website on 12 November 2026. Its smart contracts will keep working on-chain, and its Blend lending service will stop matching new loans on the same date 1.
Blur announced the change in a thread on its official X account on 12 October 2026 1. What it said:
What users should do before 12 November: review open listings and bids in your Blur portfolio and cancel any you no longer want; if you borrowed on Blend, repay or accept that the lender may take your NFT; and withdraw any ETH or NFTs you can while the official site is still up. Rely only on announcements from @blur_io. Blur has warned that impersonators are posting fake announcements 1, and wind-downs are a common setting for phishing links that promise "migration" or "claims."
The announcement came ten days after Blast, an Ethereum layer-2 network also founded by Roquerre, said it would shut down because its costs exceeded its revenue 1.
Blur is a non-custodial marketplace: you connect an Ethereum wallet, and NFTs stay in your wallet until a trade settles through Blur's contracts. Its interface was designed for speed and volume, with real-time floor prices, sweeping (buying many NFTs from a collection in one transaction across several marketplaces) and portfolio analytics 36.
Blur is also an aggregator: listings from other marketplaces appeared alongside its own, so a buyer could see and buy items listed elsewhere 36. Traders could place collection-wide bids, which became a central part of how Blur's token rewards were earned.
Blur says users carried out $7.4 billion in total trading through the platform and that it had nearly 325,000 users, figures it does not date 6.
Blur charges no marketplace fee, according to its site 6. Data cited by CoinDesk show the protocol collected no marketplace fee revenue over the past three years 2. Buyers and sellers still pay Ethereum gas, and some sales include creator royalties.
Royalties were a point of contention. At launch Blur took the position that royalties could not be enforced on-chain and used token airdrops to encourage traders to pay them 3. Royalty handling on NFT marketplaces has changed several times since. Check the terms shown at the time of each sale.
Blend, launched on 1 May 2023, lets NFT holders borrow ETH using an NFT as collateral without selling it 5. Dan Robinson of Paradigm contributed to building it, and its contracts were audited by Code4rena and ChainLight 5.
Loans have no fixed end date. A borrower can repay at any time; a lender who wants out starts a Dutch auction to find a new lender at a new rate, and if no one takes over the loan, the borrower is liquidated and the lender receives the NFT 5.
After 12 November 2026, Blend will no longer match new loans, and borrowers who have not repaid face default under these terms 1.
BLUR is the governance token of the Blur DAO, supported by the Blur Foundation 4. Blur distributed it through airdrops and trading-reward seasons; its site says 700 million BLUR went out across the first two seasons, and a third season ran on Blast 6. BLUR holders control the marketplace fee switch 1. The token gives no claim on Blur's revenue, and the marketplace has earned no fee revenue 2. CoinPulse does not cover BLUR price forecasts.
Blur took more than 70% of Ethereum NFT trading in March 2023, when monthly volume reached about $1.43 billion. By March 2026 monthly volume had fallen below $7 million, according to DefiLlama data cited by CoinDesk 2. The decline came as overall NFT trading fell and traders moved elsewhere.
Hacks in DefiLlama’s public database are also scored as the security record on the Blur rating page.
See CoinPulse's rating and evidence for Blur. Related: NFT marketplaces, what an NFT marketplace is, how to buy an NFT.
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