Blur

Blur is an NFT marketplace built on the Ethereum network, designed to help people buy and sell non-fungible tokens with tools aimed at making that market more open and liquid. It targets NFT traders who want faster execution and more data than earlier marketplaces offered. The BLUR token is the native asset of this ecosystem.

Blur operates as an application-layer protocol on Ethereum, with its core on-chain activity centered on a component called Blur Bids, which allows users to place standing offers for NFTs. The BLUR token functions within this system, including in governance and incentive contexts. The protocol does not use its own consensus algorithm, relying instead on Ethereum's underlying settlement layer.

Blur's fee figures are extremely low: fees over the trailing 30 days stand at 0.02 USD, with an annualized figure extrapolated from that period of approximately 0.24 USD, and revenue over the same 30-day window is also 0.02 USD. Supply-side revenue for the trailing 30 days is recorded as zero, meaning counterparties such as liquidity providers or NFT sellers received nothing through the protocol's fee mechanism in that period. The take rate is recorded at 100 percent for the trailing 30 days, indicating that whatever minimal fees were collected went entirely to the protocol rather than to any supply side. Fee growth and revenue growth over the trailing 30 days are both recorded at negative 100 percent, meaning fee generation has effectively ceased in the most recent period.