Blur

Blur is an NFT marketplace built on the Ethereum blockchain, designed to let buyers and sellers of non-fungible tokens trade with access to a suite of tools aimed at making the NFT market more liquid and open. It targets active NFT traders who want features beyond those offered by earlier marketplaces, such as portfolio management and aggregated listings. The BLUR token is the native asset of this ecosystem.

Blur operates as an application-layer protocol on Ethereum, with its core on-chain component recorded in the data as Blur Bids, a bidding and liquidity system that allows users to place collection-wide bids on NFTs. The BLUR token functions within this system as a governance and incentive instrument. The protocol does not use its own consensus algorithm, relying instead on Ethereum's underlying settlement layer.

In the trailing 30 days, the protocol collected fees of approximately 0.02 dollars and retained 0.02 dollars as protocol revenue, reflecting a take rate of 100 percent over that period, meaning supply-side participants — sellers or liquidity providers — received no share of fees in that window. Over the trailing 12 months, fees totalled 477.02 dollars and protocol revenue totalled 2.02 dollars, a large gap that reflects different measurement periods and definitions. Annualizing from the trailing 30 days produces fees and revenue of roughly 0.24 dollars each, which against a market capitalization of about 45.7 million dollars yields a fee yield and revenue yield both effectively at zero. These figures mean that fee-based valuation measures on this site carry very limited informational weight at current activity levels.