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- #Gate Ranks Top 4 Exchange#
Gate has reached the Top 4 global crypto derivatives exchanges on CoinMarketCap, with a 24-hour trading volume exceeding $15 billion. Enjoy some of the lowest fees in the industry—maker fees as low as 0.015%. Gate is committed to providing users with a more efficient and cost-effective trading experience, making it your top choice for crypto trading!
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- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
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- Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
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- 📢 $MORE is launching on Gate Alpha!
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- 🎁 Gate Alpha Airdrop Alert!
To celebrate the listing of $EGL1 on Gate Alpha @GateioAlpha
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DappRadar: NFT lending market volume fell by 97% RWA is expected to revive
Gate News bot news, the blockchain analysis platform DappRadar indicates that linking real-world assets (RWA) to NFTs is one of the key catalysts that could revitalize the declining NFT lending industry – a sector that is suffering from significant drops in volume and user activity.
DappRadar analyst Sara Gherghelas stated in a report on May 27 that the volume of the NFT lending market (which allows NFT holders to obtain loans by collateralizing their tokens) has decreased by 97% from a peak of approximately $1 billion in January 2024 to $50 million in May.
Gherghelas stated that NFT lending needs to "break free from survival mode" and requires "new catalysts" to revitalize the industry, such as real-world asset NFTs and tokenized real estate or income-generating assets, which can unlock more stable and reliable sources of collateral.
She said, "So far, there has been no compelling reason for an NFT lending rebound in 2025. Although the infrastructure still exists and the platform remains active, activity has slowed down significantly."
Source: Cointelegraph