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X2Y2 Becomes Second-Largest and Fastest-Growing NFT Lending Platform with $65M in Total Loans

According to a recent tweet, non-fungible token (NFT) lending platform X2Y2 has facilitated over $65 million in total loans, with approximately $400,000 in loans issued daily.

This success has made X2Y2 the second-largest and fastest-growing NFT lending platform in the industry.

"Fast forward 6 months, and we've now had over $65 million total $ borrowed with ~$400,000/day in loans making us the 2nd largest and fastest-growing NFT lending platform out there!" X2Y2 wrote in a tweet.

A couple weeks ago we began X2Y2 Fi and started charging a management fee for NFT Loans & Refinancing and our lending volume still kept rising! This fee will play a very important role in our new tokenomics! https://t.co/Acnski1r4z https://t.co/4LhDtbAFz2

(2/3)
— X2Y2 (@the_x2y2) April 1, 2023

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X2Y2 Becomes Second-Largest and Fastest-Growing NFT Lending Platform with $65M in Total Loans

All Comments

Recommended for you

Federal Reserve's Collins: There are still reasons to be cautious about a December rate cut.

Forward Industries transferred 1.727 million SOL tokens, worth $219.32 million, to a wallet address.

A major revolving loan whale liquidated its entire position of 700 WBTC, incurring a loss of $21.68 million.

Xinhua News Agency forwarded a notice from WeChat Security Center: Be wary of pyramid schemes and fraud perpetrated under the guise of blockchain virtual currencies and stablecoins.

The US and Ukraine will hold talks in Switzerland.

1,006 bitcoins were transferred from the Kraken exchange.

The US spot Ethereum ETF saw a net outflow of $55.6 million yesterday.

The US spot Bitcoin ETF saw a net inflow of $238.02 million yesterday.

WLFI reserve firm ALT5 Sigma to be investigated for violating SEC disclosure requirements.

BTC briefly fell below $83,000

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