$100M+ total borrowing
X2Y2Long
X2Y2 $100M+ total borrowed
Source: Fenbushi
$2.3B total borrowed
Blend BlurLong
Blend $2.3B total borrow volume
Source: Fenbushi
$500M total borrowing
NFTfiLong
NFTfi ~$500M total borrowed since launch
Source: Fenbushi
40% LTV floor price
BendDAOMulti
BendDAO 40% LTV from floor
Source: Blockworks
5% lender interest fee
NFTfiIncome
NFTfi 5% fee on lender interest earned
Source: Blockworks
80% loans <2 days = wash
Blend BlurShort
80%+ loans <2 days - wash trading
Source: Fenbushi
82% market share 3 weeks
Blend BlurLong
Blend captured 82% market share 3 weeks
Source: YahooFinance
Arcade launched Sept 2021
ArcadeMulti
Arcade launched September 2021 P2P
Source: Fenbushi
Astaria peer-to-pool
OtherMulti
Astaria peer-to-pool model
Source: Paradigm
Async curated art
Trading PlatformsMulti
Async Art curated platform
Source: encyclopedia
Aug 2022 BAYC liquidation crisis
BendDAOShort
Aug 2022 BAYC -47% triggered crisis
Source: Fenbushi
BLUR token rewards drove
Blend BlurMulti
BLUR airdrop drove Blend usage
Source: YahooFinance
Backed P2P
OtherMulti
Backed P2P NFT lending
Source: Paradigm
Bad debts in extreme markets
BendDAOShort
Bad debts when no auction bidders
Source: Fenbushi
Beeple $69M Christie's 2021
Trading PlatformsLong
Beeple $69M sale Christie's Mar 2021
Source: encyclopedia
BendDAO peer-to-pool ETH
BendDAOMulti
BendDAO peer-to-pool ETH lending
Source: Blockworks
Bid wall arbitrage
StrategiesMulti
Bid wall arbitrage
Source: encyclopedia
Binance NFT Loan
CentralizedMulti
Binance NFT Loan ETH against NFT
Source: YahooFinance
Blend launched May 2 2023
Blend BlurMulti
Blend by Blur launched May 2 2023
Source: Defiant
Blur 0% royalty default
Royalty MarketsShort
Blur made royalties optional - hurt creators
Source: encyclopedia
Bonding curves smoother exits
FractionalizationMulti
Bonding curves for fractional exits
Source: Codezeros
Built with Paradigm
Blend BlurMulti
Blend built with Paradigm
Source: Defiant
Buy Now Pay Later BNPL
Blend BlurMulti
BNPL via Aave flash loan
Source: Blockworks
Christie's NFT 3.0
Trading PlatformsLong
Christie's NFT department
Source: encyclopedia
Citadel CDP-style
JPEG'dMulti
JPEG'd Citadel CDP-style mechanism
Source: encyclopedia
Cross-margining
ParaSpaceMulti
Cross-margining feature
Source: encyclopedia
Cross-marketplace arb
StrategiesMulti
Cross-marketplace price arb
Source: encyclopedia
DAO 180-day fee vote
Blend BlurMulti
Blur DAO 180-day fee vote
Source: NFTNow
Doge fractionalized 4.7M
FractionalizationMulti
Doge meme NFT fractionalized to 4.7M
Source: encyclopedia
Double Protocol rentals
RentingMulti
Double Protocol NFT rentals
Source: encyclopedia
Drops P2P loans
OtherMulti
Drops P2P NFT loans
Source: Codezeros
ERC-4907 rental standard
RentingMulti
ERC-4907 rental token standard
Source: encyclopedia
ERC-721C compliance
Royalty MarketsMulti
ERC-721C - royalty enforcement
Source: encyclopedia
Floor manipulation oracle
RisksShort
Floor price oracle manipulation
Source: Fenbushi
Floor perps perp-like
OtherMulti
Floor perps - perp-like for NFTs
Source: Paradigm
Floor sweep strategy
StrategiesLong
Floor sweep - buy multiple at floor
Source: encyclopedia
FloorDAO NFTX vault
NFT IndicesMulti
FloorDAO buys NFTs - sells fungible tokens
Source: encyclopedia
FloorDAO ape fractional
FractionalizationMulti
FloorDAO fractional floor exposure
Source: encyclopedia
Foundation invite-only
Trading PlatformsMulti
Foundation invite-only art platform
Source: encyclopedia
Fractional.art
FractionalizationMulti
Fractional.art - F-NFT pioneer
Source: encyclopedia
Game NFT rentals scholarships
RentingIncome
Gaming NFT scholarships - YGG model
Source: encyclopedia
IQ Protocol P2P rental
RentingMulti
IQ Protocol NFT renting
Source: encyclopedia
Initial collections Punks Azukis Mildays
Blend BlurMulti
Initial - CryptoPunks Azukis Mildays
Source: Nansen
JPEG'd peer-to-pool stablecoin
JPEG'dMulti
JPEG'd peer-to-pool with PUSd stablecoin
Source: Fenbushi
Lend stable yield
StrategiesIncome
Lend stables for NFT loan yields
Source: encyclopedia
LimitBreak Creator Token Std
Royalty MarketsMulti
LimitBreak Creator Token Standard
Source: encyclopedia
Liquidate via Blend BNPL
StrategiesLong
Liquidate via Blend BNPL leverage
Source: Blockworks
Liquidation 24-30hr panic
RisksShort
Blend 24-30hr auction panic risk
Source: NFTNow
Liquidation cascade 2022
RisksShort
2022 liquidation cascade BAYC etc
Source: Fenbushi
LooksRare LOOKS rewards
Trading PlatformsMulti
LooksRare LOOKS token rewards
Source: encyclopedia
Looping refinancing arb
StrategiesMulti
Loop refinancing for points/rewards
Source: Codezeros
Magic Eden Solana lead
Trading PlatformsLong
Magic Eden Solana NFT marketplace
Source: encyclopedia
MetaStreet pool
OtherMulti
MetaStreet peer-to-peer pool lending
Source: encyclopedia
Mint PUSd against NFT
JPEG'dMulti
Mint PUSd stablecoin against NFT
Source: encyclopedia
Mint flip primary sale
StrategiesLong
Mint and flip - primary sale arb
Source: encyclopedia
NFT fractional ownership
FractionalizationMulti
NFT fractionalization - shared ownership
Source: Codezeros
NFT rental marketplaces
RentingIncome
NFT rental marketplaces emerging
Source: Codezeros
NFT royalties on-chain
Royalty MarketsLong
NFT royalty markets - per-resale
Source: encyclopedia
NFTX index pools
NFT IndicesMulti
NFTX - NFT index pools
Source: encyclopedia
NFTfi NFT-as-collateral
NFTfiMulti
NFTfi - DeFi tools for NFT collateral
Source: Blockworks
NFTfi launched May 2020
NFTfiMulti
NFTfi first NFT loan May 2020 P2P
Source: Fenbushi
No loan expiries perpetual
Blend BlurLong
Blend perpetual loans no expiry
Source: NFTNow
No oracle dependency
Blend BlurLong
Blend no oracle dependency
Source: Paradigm
No security incidents
NFTfiMulti
NFTfi no security incidents (track record)
Source: Fenbushi
OpenSea launched 2017
Trading PlatformsLong
OpenSea launched 2017 - early leader
Source: encyclopedia
OpenSea optional royalties
Royalty MarketsMulti
OpenSea moved to optional royalties 2023
Source: encyclopedia
P2P direct negotiation
Lending ModelsMulti
P2P NFT lending direct negotiation
Source: Fenbushi
P2P no liquidation risk shared
Lending ModelsLong
P2P loans don't share liquidation risk
Source: Fenbushi
P2P no oracle dependency
Lending ModelsLong
P2P avoids oracle dependency
Source: Paradigm
P2P with bundling
ArcadeMulti
Arcade P2P with NFT bundling
Source: encyclopedia
P2pool floor-price oracle
Lending ModelsMulti
Peer-to-pool floor-price oracle-based
Source: Fenbushi
PWN DAO P2P
OtherMulti
PWN DAO P2P lending
Source: Defiant
Papr perp-like
OtherMulti
Papr perp-like NFT lending
Source: Paradigm
ParaSpace pool model
ParaSpaceMulti
ParaSpace pooled NFT lending
Source: Fenbushi
Pawnfi P2P
OtherMulti
Pawnfi P2P NFT lending
Source: encyclopedia
Perp-like floor perps
Lending ModelsMulti
Perp-like NFT floor perps + Papr
Source: Fenbushi
Pool fast lending
Lending ModelsLong
Pool fast lending vs slow P2P matching
Source: Fenbushi
Pool oracle dependency risk
Lending ModelsShort
Pool oracle manipulation risk
Source: Fenbushi
Predatory lending traps
RisksShort
Predatory lending mechanics for new traders
Source: YahooFinance
RWA + NFT integration
FutureLong
Tokenized property deeds via NFT + RWA combo
Source: Codezeros
Reborn NFT rental
RentingMulti
Reborn NFT rental marketplace
Source: encyclopedia
Refinancing auctions Dutch
Blend BlurMulti
Refinancing Dutch auctions
Source: Defiant
Royalty enforcement tokens
Royalty MarketsMulti
Royalty-enforcing token standards
Source: encyclopedia
Royalty harvesting
StrategiesIncome
Royalty harvesting via collection royalty
Source: encyclopedia
SEC F-NFT securities concerns
FractionalizationShort
SEC views some F-NFT as securities
Source: encyclopedia
Sotheby's NFT auctions
Trading PlatformsLong
Sotheby's NFT department auctions
Source: encyclopedia
Subjective valuation
RisksShort
NFT pricing subjective + volatile
Source: Codezeros
Sudoswap AMM NFT
NFT IndicesMulti
Sudoswap NFT AMM with bonding curves
Source: encyclopedia
SuperRare 1/1 art
Trading PlatformsMulti
SuperRare 1/1 NFT art platform
Source: encyclopedia
Tensor Solana
Trading PlatformsLong
Tensor Solana NFT marketplace
Source: encyclopedia
Tessera (formerly Fractional)
FractionalizationMulti
Tessera fractional NFT
Source: encyclopedia
Trait sniping strategy
StrategiesLong
Trait sniping - rare attributes mispriced
Source: encyclopedia
Wash trading detection
StrategiesMulti
Wash trading detection (Dune Nansen)
Source: Fenbushi
Wash trading inflated volume
RisksShort
Wash trading inflates volume metrics
Source: Fenbushi
Whale floor manipulation
Lending ModelsShort
Whales can manipulate floor prices
Source: Fenbushi
X2Y2 P2P loans Oct 2022
X2Y2Multi
X2Y2 P2P loans launched Oct 2022
Source: Fenbushi
YGG Yield Guild Games
RentingIncome
YGG yield guild rentals
Source: encyclopedia
Zero protocol fees
Blend BlurLong
Blend zero protocol fees both sides
Source: Nansen
boundETH wrapped lending
BendDAOMulti
boundETH wrapped tokens for liquid lending
Source: encyclopedia
wETH USDC DAI loans
NFTfiMulti
Borrow wETH USDC DAI against NFT
Source: Fenbushi
An encyclopedia of publicly documented strategies for education. YCAI does not recommend, endorse, or trade any of these. Not investment advice.