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The recent launch of Blur on the Blast L2 network has introduced significant changes to the NFT trading landscape. Blur announced a $30 million incentive for trading a series of NFTs which saw less than 50 ETH volume in the last week, with 50% of that volume occurring in the 15 minutes following the announcement. This move has led to a surge in trading activity, with collections like PAC REKT by OSF experiencing a notable increase in value, reaching a 0.28 ETH floor. Additionally, the introduction of leverage trading for Blastopians NFTs on Wasabi Protocol allows for up to 3x leverage, marking it as the first Blast NFT to have perpetuals. This development has enabled the Blastopians vault to earn yield in addition to Gold, Wasabi points, and Blastopians points.
Back tomorrow AM with the crew! We are chatting: -Saylor building on Ordinals -Ordinals rally + ME rewards -Fantasy Top debuts -Arena launches social DEX -FT V2 + all the news Set 🔔👇 https://t.co/ql9AHT9weL
Blur on Blast did 2x more volume in the last 24 hours than Blur on ETH L1 Pac Rekt did more volume than the entire ETH L1 marketplace Watched various farmers lose tens of thousands of dollars from collections getting points disabled and getting dumped on Probably best to not… https://t.co/Cen3qJf2Tj
Points are the entire product on Blur on Blast. @osf_rekt created this awesome NFT. After Blur launched, it went from 0.169 ETH to 0.28 ETH on $10,000,000 of volume. Points then were disabled and the floor went directly back to 0.169 ETH. The volumes are insane on Blur on… https://t.co/G9umROhxw0