Blur to shut platform front end Nov 12, 2026; on-chain protocol and BLUR token remain active

Blur announced it will close its platform front end on November 12, 2026, but its on-chain marketplace protocol will continue operating, with the BLUR token maintaining control over protocol fees. Its NFT lending protocol, Blend, will also stop issuing new loans on that date, requiring borrowers to repay outstanding loans or face default. After the shutdown, Blur plans to offer tools for users to withdraw assets from Blend. The announcement caused a 15.31% drop in BLUR token price over 24 hours.

The BLUR token has experienced a sharper decline on Pluang compared to the article's 15.31% drop, with a 24.51% fall as of Oct 13, 2026 05:21 WIB. Trading at Rp257, BLUR's market cap stands at Rp816.76 million, while the 24-hour volume is Rp515.39 million. The token's sell orders slightly outweigh buy orders at 55% to 45%, and the typical hold time on Pluang is 47 days, indicating a relatively short-term trading interest amid the recent platform changes.