According to CoinMeta, the NFT trading platform Blur announced that it will shut down its front-end interface on November 12, 2026, but the on-chain market protocol will continue to operate. The Blur token will still retain control over the protocol fees. Its NFT lending protocol Blend will cease to match new loans on the same day, and borrowers are required to repay their loans before then; otherwise, the loans will enter a default status. Thereafter, Blur will provide front-end tools to help users extract assets from Blend. Affected by this news, Blur saw a significant short-term decline, hitting a low of 0.01405 USDT, and is currently trading at 0.01548 USDT, with a 24-hour drop of about 15.31%.