CoinEx Institute | From NFT to NFT-fi: Real Demands or False Propositions?

Figure 1: Market Cap & Volume of NFTs. Source:, as of June 1, 2022

Real Demands

False Propositions

Figure 2: New Addresses and Transactions of NFT Aggregators. Source: Dune @sohwak
Figure 3: Bend ETH Utilization. Source: Dune @cgq0123. Note: MA14 refers to the moving average in 14 days, while MA7 indicates the moving average in 7 days
Figure 4: NFTfi Monthly Loan Volume by Count/Value. Source: Dune @gideontay
Figure 5: Bend ETH Borrowers & Depositors. Source: Dune @cgq0123




Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store