GONDI Achieves Milestones in NFT Lending with $25M in ETH and USDC Loans

GONDI, a leading NFT lending protocol, has reached significant milestones in the NFT market by providing liquidity solutions without requiring collectors to sell their assets. Currently, GONDI has approximately $25 million in active loans, with 56% in ETH and 44% in USDC. The platform has 580 NFTs in active loans, totaling around 10,900 ETH in total value locked (TVL). Recent notable loans include Autoglyph #172, which secured a loan of 215,000 USDC with a 13% APR and a 7,500 USDC origination fee, and Foray Esteem by Botto, which originated a 25,000 USDC loan at a 15% APR with an 870 USDC origination fee. GONDI's ability to offer competitive and flexible loan terms has made it a preferred choice for collectors seeking liquidity.