The dissolved NFT lending platform Parallel Finance is charging users high withdrawal fees.

According to HashKey, Parallel Finance was once an NFT lending platform that has now been dissolved. According to Protos, the platform is charging users an additional $500 to help them withdraw assets from the platform. Although Parallel Finance stopped supporting its NFT lending products after a six-month notice period, blue-chip NFTs worth over $800,000 are still held by its contracts. Due to the lack of front-end support for NFT lending, non-technical users cannot manually withdraw tokens, so the Parallel team is charging a $500 fee to return these assets. oSnipe founder 0xQuit highlighted the issue on the X platform and published a step-by-step guide on how to manually withdraw assets using the Etherscan block explorer. 0xQuit also discovered that a large number of high-value NFTs remain locked on the platform, including 11 BAYC, 39 MAYC, and 2 Doodles. According to current floor price data, these NFTs are worth over $800,000.