Arcade NFT Lending Platform Closes Tomorrow, Pivots to Prediction Markets
Arcade NFT Lending Platform Closes Tomorrow, Pivots to Prediction Markets
馃敋 Arcade shuts down
Arcade is shutting down its NFT lending frontend on January 30, 2026.
After facilitating approximately $300M in loans over 4 years, the platform is closing its NFT lending service. Users can still withdraw assets through legacy.arcade.xyz.
Key transition details:
- NFT lending frontend closes January 30
- Legacy site remains operational for withdrawals only
- Platform pivoting to prediction markets
What's next: Arcade is launching Distribution Markets, a new prediction market product currently in beta on Base. Updates on bet.arcade.xyz expected next week.
Reminder: Arcade NFT lending frontend shuts down tomorrow. legacy.arcade.xyz stays live for asset withdrawals. Thank you for the support, excited to share updates on our new prediction market bet.arcade.xyz next week. See you 馃敎
Arcade Parts Ways with Team Member, Launches bet.arcade.xyz
Arcade has terminated a team member following an internal review related to a previous announcement. The company acknowledged the situation and expressed commitment to making amends. **Key developments:** - Team member responsible for controversial announcement removed - New platform [bet.arcade.xyz](http://bet.arcade.xyz) launched in beta - Company acknowledges bugs exist and is actively fixing them - Platform described as "building things no one asked for" The team emphasized they wanted the community building alongside them "from this new day one" and thanked supporters for their patience during the beta phase.
Arcade DAO Announces ARCD Token Claim Period
Arcade DAO has opened claims for ARCD tokens for Level 2, Level 3, and Ultimate Level participants. Key details: - Claim period started December 30th at 21:00 UTC - Available at claim.arcadedao.xyz - 6-month window to complete claims - Eligible participants: Level 2, 3, and Ultimate Level **Important Notes:** - No urgency required due to extended claim period - Discord community support available at discord.gg/arcadexyz - Notifications recommended for updates *Join the Discord community for support and updates during the claim process.*
Rare Pepe NFT Secures 12,000 USDC Loan on Arcade
A notable Rare Pepe NFT, EPEPESEODEONE by Maruware, has been successfully collateralized for a 12,000 USDC loan on Arcade.xyz. This transaction represents a growing trend of NFT-backed lending for cultural artifacts, facilitated through EmblemVault's infrastructure. Key points: - Asset: EPEPESEODEONE (Rare Pepe) - Loan Amount: 12,000 USDC - Platform: Arcade.xyz - Technology Partner: EmblemVault
Arcade Ultimate Level Ending December 14th
Arcade's Ultimate Level program is concluding on December 14th at 23:59 UTC. Participants who have earned points during the program will be able to claim $ARCD tokens, with the exact claim date to be announced before year-end. - Final day to earn points: December 14th, 23:59 UTC - Points will be convertible to $ARCD tokens - Claim period will be announced soon Users can stay updated on claiming details through the official Discord channel at discord.gg/arcadexyz