Blur Token Plummets as NFT Marketplace Faces Closure Due to TVL Drop

Community Trust Score Verified 93 % Real Verified 15 votes Updated 30 minutes ago Blur is done. The NFT marketplace announced its website will go dark on November 12, and the token didn’t take it well — crashing to a record low of $0.01267 on October 13, down 28.43% in a single day on $56.06 million in trading volume. The collapse of Blur and its impending shutdown highlights the fragility of NFT marketplaces in a rapidly evolving market, where total value locked (TVL) serves as a critical indicator of user confidence and liquidity.