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Last seen in the week of Oct 11 – Oct 17. It didn't make the newest report, so the figures below are from that week.

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Microtrend / Rank 05 / Week of Oct 11 – Oct 17

Blur to deprecate its NFT marketplace frontend, and Blend to stop matching new loans, on November 12, 2026

By NSA Intelligence · Report published

fadedblur
Peak / day39tracked accounts
Peak dayTueOct 13 · busiest day in the panel
Rest of X / peak day—not measured outside the panel
Cited claims10source links retained
Market—no token attached

Attention

Who was talking, day by day

Oct 11 – Oct 17 UTC
Tracked paneldistinct tracked accounts / day
1
9
39
8
5
3
2

What happened

Blur announced that its frontend will be deprecated on November 12, 2026, while the marketplace protocol stays operational on-chain and $BLUR keeps control of its fee switch. Blend, Blur's NFT lending protocol, will stop matching new loans on the same date, so borrowers must repay or refinance. Accounts flagging the news include @0xquit, who warned that the affected contracts are upgradeable, and @coinbureau, which said more than 1,000 ETH in loans had been recalled. @timmy_turnes contrasted Blur's 2023 position (70% of Ethereum NFT trading, $1.43B monthly volume) with monthly volume now below $7M and almost no fee revenue, and noted that the same team's Blast had announced a shutdown on October 2.

Why it matters

Blur was the marketplace that broke OpenSea's grip on Ethereum NFT trading, and the shutdown of both its frontend and Blend's new-loan matching touches thousands of NFT holders with outstanding approvals or open loans. With Magic Eden already shut down and Blend borrowers facing a November 12 deadline, the story is really about forced repayment or default risk on blue-chip collections and what's left of the marketplace landscape.

Observed reaction

Bearish and elegiac: accounts tie the news to NFT liquidity pressure (@masoudrahhal, @murkiwaters worry about forced selling on Pudgy Penguins, BAYC and MAYC), frame it as another crypto-project death (@icplegend1966: from $1.43B monthly volume to under $7M), and mourn the Blur S1 airdrop as the end of an era. Some gloss it as just a frontend change since the protocol stays on-chain, and one mentions revoking wallet approvals rather than panicking about holdings.

Spread

Where it started and who carried it

First seen
Oct 11, 20:36 UTC by @zemummy1
Accounts
26 tracked · 35 elsewhere on X
Communities
nft culture (12), general ct (5), ai crypto (3), airdrops farming (3)
Key accounts
@0xquit, @waleswoosh, @blur_io, @yabhishekhd, @ff_v12

Explainability

Evidence register

Every claim links to the posts behind it
01

Blur announced its frontend will be deprecated on November 12, 2026, the marketplace protocol remains operational on-chain, and $BLUR continues to control its fee switch

[1][2][3][4]
02

Blend (Blur's NFT lending protocol) will stop matching new loans on November 12, forcing borrowers to repay, refinance or default

[1][2][3]
03

More than 1,000 ETH in loans have been recalled as Blend prepares to stop matching new loans on the same date

[1]
04

Blur's monthly volume fell from $1.43B to below $7M, and the protocol generates almost no fee revenue; Blur once controlled 70% of Ethereum NFT trading

[1][2]
05

Blast announced a shutdown on October 2, and Blast shares a team with Blur

[1]
06

@0xquit pointed out that the contracts affected by the Blur news are upgradeable, and accounts advised revoking unnecessary Blur approvals

[1]
07

@coinbureau reported Blur's token dropped more than 30% after the frontend shutdown announcement

[1]
08

Blur's February 14, 2023 launch airdrop distributed 360M $BLUR (12% of a 3B total supply) to approximately 120K wallets, with the top wallet receiving about 3.2M $BLUR

[1]
09

Magic Eden shut down and Blur is on its way out, leaving OpenSea with a monopoly in NFT marketplaces

[1]
10

Accounts worried the Blur/Blend unwind could add selling pressure for collections like Pudgy Penguins, BAYC and MAYC where lending and leverage were significant

[1][2]

Angles

  • Blur vs. Magic Eden vs. OpenSea: what's actually left to trade on in NFT-land after the frontend and Blend sunset — pull the mechanics from @yichuan_drive and @olddumbum
  • Blend borrower math: what repay-or-default on Nov 12 means for Blur's leverage on Pudgy Penguins, BAYC and MAYC, using @masoudrahhal and @murkiwaters's framing
  • Blur's arc in one card: S1 airdrop numbers (360M $BLUR, 12% of supply, ~120K claimers) against sub-$7M monthly volume, using @timmy_turnes and @krishna__web3's figures

In the playbook for Wed, Oct 21 · goes stale fast

Formats in use

  • quote-tweet of the @blur_io announcement
  • bullet-point timeline / listicle thread
  • history-of-the-project retrospective
  • warning/PSA post with security call to action
  • numbers-driven recap post

Risks

  • $BLUR price decline and 'forced selling' walkthroughs are account claims, not market data; do not state price moves as fact or imply trading direction
  • The Nov 12 dates and the '1,000 ETH in loans recalled' figure come from accounts (@blur_io's own thread, @coinbureau) — attribute them and avoid treating recalled-loan totals as verified
  • 'Shutting down' is imprecise: the frontend is deprecated and Blend stops matching new loans while the protocol remains on-chain — get this wrong and the card overstates the story
  • Blur's airdrop recap numbers are third-party estimates (total supply, FDV, top wallets); label them approximations
  • No financial advice or 'could be an opportunity' framing in our own voice

Observed content

Most-engaged posts

6 posts on X
PE@peplord66 likes
why did they blur his face tho #pulsechain
Open on X →
MA@masoudrahhal33 likes
This is a significant development for the NFT market Blur is shutting down its frontend, and Blend will stop matching new loans on November 12 How many borrowers will be able to repay or refinance their loans? How many will default? And how much additional selling pressure coul
Open on X →
TI@timmy_turnes29 likes
2023: Blur controls 70% of Ethereum NFT trading 2026: Blur announces its website is shutting down -be Blur -launch in 2022 -challenge OpenSea -introduce ethereum:0x5283d291dbcf85356a21ba090e6db59121208b44 token -attract pro traders with zero fees -launch points and airdrops -m
Open on X →
SA@satoshilambo27 likes
Genuine Undead’s community-owned v3 contract has never 1/ been available on Blur 2/ been available on Magic Eden We stay protecting the pixels 🔐 https://t.co/YoZA2PORp7
Open on X →
YI@yichuan_drive21 likes
Seem like another one couldn't... Blur frontend'll be deprecated on Nov 12 But it will be still operational via on-chain
Open on X →
MU@murkiwaters21 likes
NFTs taking a hit from @blur_io news. Blur Lend (Blend) is also ending on Nov 12, forcing borrowers to repay or default. There will be price pressure on big collections with loans until Nov 12. Could be an opportunity. Many memories. Blur S1 was one of my best airdrops ever. h
Open on X →

History

Weeks this story made the report

1 week
  1. μ5fadedBlur to deprecate its NFT marketplace frontend, and Blend to stop matching new loans, on November 12, 2026