CryptoPunk #6472 Sells for 225 ETH

**Cyan Wallet** introduces NFT-backed lending while preserving users' airdrop and reward eligibility. **Key Features:** - Borrow against NFT collections without losing potential airdrops - Seamless integration with existing lending platform - **Seven independent security audits** backing the platform **Security & Trust:** - Operating since 2023 with established user base - Focus on both security and user experience - Comprehensive audit coverage for asset protection The wallet targets NFT holders seeking liquidity without sacrificing future reward opportunities in the evolving digital asset space.

**Major NFT Lending Activity** A user secured a **13,651 USDC loan** against Pudgy Penguins #5503, showcasing growing NFT utility beyond holding. **Expanding Loan Options** - Cyan now offers loans on **Hypurr NFTs** from Hyperliquid - Users retain all airdrops while borrowing - Previous week saw 4.79 ETH loan against another Pudgy Penguin **Key Benefits** - Unlock liquidity without selling NFTs - Keep ownership and rewards - Instant borrowing available NFT holders are increasingly **putting assets to work** rather than just holding them.

The NFT financing protocol Cyan shared a brief update consisting only of their handle mention. No additional details were provided about new features, partnerships, or developments for their Buy Now, Pay Later metaverse service.

**TrueFi DAO** announced it will deploy a portion of its treasury to bootstrap liquidity for **Hypurr**. This strategic move comes as HypurrFi continues building secure, scalable lending infrastructure on Hyperliquid with Alchemy support. Key points: - DAO treasury funds will provide initial liquidity - Partnership strengthens Hypurr's lending platform development - Builds on previous collaboration between the protocols The deployment represents TrueFi's commitment to supporting innovative DeFi lending solutions in the ecosystem.

A Bored Ape Yacht Club NFT holder used their **#7334 Ape as collateral** to secure a $12,470 USDC loan through Cyan's lending protocol. This represents a slight increase from the previous week's largest loan of $11,474 USDC against Ape #2600. **Key highlights:** - Cyan enables NFT owners to unlock liquidity from their digital assets - Users can generate income from their NFT holdings rather than simply holding them - The protocol provides financing options specifically designed for the NFT market The trend shows consistent demand for **NFT-backed lending**, with Bored Ape holders actively leveraging their assets for capital access.