Blur: Blend ends new loan matching - 12 Nov 2026
Blur's Blend stops matching new loans on 12 Nov 2026. Borrowers have until the cutoff to repay their loans or allow them to default.The shutdown permanently removes a Blur revenue and activity stream that feeds the BLUR fee switch. The negative implication for the token comes from ending this source of fee-related activity, rather than temporarily pausing loan matching. The size of the effect remains uncertain because the announcement does not state the outstanding loan volume or expected default outcomes. Those details are needed to assess how much activity and revenue are affected by the shutdown.2/ Blend will stop matching new loans on November 12, 2026.Borrowers have until then to repay their loans or allow them to default.After this date, we will provide a frontend tool to help users withdraw their assets from Blend.