NFT loans drop 97% in six months ๐
In May 2025, the volume of NFT-backed loans fell from $1 billion to just $50 million. Borrower and lender activity sharply declined, and the average loan size shrank fivefold.
Experts say interest in NFT loans has dropped due to market instability.
I think that the NFT loan market was overhyped, and now itโs time to be more cautious with such investments.