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CryptoPunks remain top G. 20% of the protocol’s volume comes from Punk loans. There’s been $38m in volume to date: • $4.5m active borrow • 10% avg rate • $97k avg size • 435 total loans • 0.5% default rate https://t.co/cc0m8ggszj
CryptoPunks remain top G. 20% of the protocol’s volume comes from Punk loans. There’s been $38m in volume to date: • $4.5m active borrow • 10% avg rate • $97k avg size • 390 total loans • 0.5% default rate https://t.co/4AlLrwRo6S
The second-highest @cryptopunksnfts sale happened earlier today! Want to access Punks price exposure without the high upfront cost? Hook Odyssey lets traders long or short NFTs for as little as $10. Check out the next tweet for info on how to get access to Odyssey! https://t.co/q7At7GM1qK
Over the recent weekend, Gondi platform saw a surge in demand for Pudgy Penguins, originating six loans totaling 77 wETH with an APR of 20% and a duration of 30 days. The loan offers featured LTV ratios between 50%-70%, principal amounts ranging from 8.58 wETH to 10.92 wETH, and the benefits of pro-rata interest and instant refinancing. In related news, the CryptoPunks market remains vibrant with the second-highest sale recorded earlier today. Hook Protocol introduced Hook Odyssey, allowing traders to long or short NFTs like CryptoPunks for as low as $10. Additionally, Arcade.xyz reported that CryptoPunks loans account for 20% of its protocol’s volume, with $38 million in volume to date, including $4.5 million in active borrowings, an average loan rate of 10%, 435 total loans, and a notably low default rate of 0.5%.