Blur to Shut Down NFT Marketplace, Exiting Trading Interface Business
Blur's decision to close its trading platform marks a significant contraction in the NFT market landscape.
Blur's decision to close its trading platform marks a significant contraction in the NFT market landscape. Ethereum (ETH) is trading at $2,518.79, down 0.4% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Tue, 13 Oct 2026 09:00:01 UTC.
Blur's exit highlights the ongoing downturn in the NFT market, signaling potential challenges for remaining platforms and affecting liquidity in NFT trading.
- Blur to retire its trading website on November 12.
- Blend lending service will stop matching new loans.
- NFT market downturn reflected in Blend's 8.9% TVL drop over 7 days.
- Blur NFT Marketplace to Shut Down as Trading Volume Plummets 99%
- Blur to Shut Down NFT Marketplace, Exiting Trading Interface Business — this brief
Blur, a prominent player in the NFT marketplace, has announced it will retire its trading website on November 12. The platform will continue to maintain its marketplace contracts on the 
Ethereum blockchain, but its Blend lending service will stop matching new loans.
The decision to exit the trading interface business comes amid a broader downturn in the NFT market, with several other NFT venues either closing or scaling back operations. This trend underscores the challenges faced by NFT platforms as trading volumes and interest wane.
The closure of Blur's trading platform is corroborated by Crypto.news, which also notes the cessation of new loan matching in the Blend lending service. The move reflects the current state of the NFT market, where platforms are struggling to sustain operations amidst declining activity.
The broader crypto market remains relatively stable, with a total market cap of $2.89 trillion and 
Bitcoin showing a modest 24-hour gain of 0.07%. However, Ethereum, the primary blockchain for NFT transactions, has seen a 1.22% drop in the past 24 hours and a 6.16% decline over the past week, currently trading at $2528.17.
The decline in Blend's TVL by 8.9% over the past week, as reported by DeFiLlama, further illustrates the challenges faced by NFT-related services. This contraction in liquidity could indicate deeper issues within the NFT ecosystem.
Since this brief published about 1 hour ago, Ethereum (ETH) has moved from $2,528.17 to $2,518.79 — -0.37%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹262,583.86 (about $2,518.79), down 1.2% over 24 hours. The rupee itself trades about 8.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Blur to Shut Down NFT Marketplace, Exiting Trading Interface — questions & answers
What will happen to Blur's marketplace contracts?
Blur will continue to maintain its marketplace contracts on the Ethereum blockchain after shutting down its trading website.
Why is Blur closing its trading platform?
The closure is due to the ongoing downturn in the NFT market, affecting trading volumes and platform sustainability.
How does this affect the NFT market?
Blur's exit reflects the broader contraction in the NFT market, potentially impacting liquidity and platform stability.
How much is 1 Ethereum worth in rupee today?
About ₹262,583.86 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,518.79. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 0.37% since this brief first published — trading at $2,518.79 now versus $2,528.17 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.