CryptoPunk Sale on GONDI Nets Borrower 9.​3 wETH Profit

🤑 Punk Loan Flip Revealed

By Gondi
Mar 6, 2025, 5:52 PM
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Photo by Gondi

A CryptoPunk (#3517) under an active 30-day loan on GONDI was sold for 39.​5 wETH.​ The transaction occurred on day 18 of the loan term:

  • Lender received: 30 wETH principal + 0.​21 wETH interest
  • Borrower profit: ~9.​3 wETH

This sale follows recent significant GONDI developments:

  • Platform reached $100M TVL
  • Currently manages 1,200 active NFT loans ($42M outstanding)
  • Holds 83% of NFT stablecoin loan market
  • Supports 128 whitelisted collections

GONDI continues to demonstrate strong growth in the NFT lending space

Sources

GONDI’s marketshare has grown significantly over the past several months, now accounting for 45% of the entire NFT lending market. 📈 With $44M in outstanding NFT loan debt, it continues to highlight the financial potential that NFTs are capable of!

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Total Loan Volume, January 2025: $26,892,492💰🥂 ️Total NFT Loans (Originations, Renegotiations, Refinances): 604 ️NFT loan Defaults: 6 Top 3 NFT Collections: - CryptoPunks: $11,177,297 / 141 loans (orig/refi/reneg) - Pudgy Penguins: $1,705,299 / 50 loans - Fidenza by

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CryptoPunks x #GONDI • 260 Punks in outstanding loans • $26 Million in outstanding Punk loans • Top 3 USDC Loans: 🥇7-Trait Punk #8348 - $2.75M 🥈23 Punk Vault - $1.035M 🥉Ape Punk #8219 - $1M •Top 3 WETH loans: 🥇Hoodie Punk #8770 - 135 ETH 🥈Hoodie Punk #1484 - 126

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Read more about Gondi

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Autoglyph #265 Trades for 50 wETH on GONDI Protocol

Autoglyph #265 Trades for 50 wETH on GONDI Protocol

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Blue-Chip NFT Lending Activity Surges on Gondi Protocol

Recent lending activity on Gondi shows concentrated interest in premium NFT collections: **Featured Collections:** - [CryptoPunks #9167](https://www.gondi.xyz/collections/cryptopunks/9167) - [Fidenza by Tyler Hobbs #78000822](https://www.gondi.xyz/collections/fidenza-by-tyler-hobbs/78000822) - [SuperRare #26974](https://www.gondi.xyz/collections/superrare/26974) - [ACKFTW #68](https://www.gondi.xyz/collections/ackftw/68) This follows earlier activity involving other high-value pieces including CryptoPunks #1035 and Autoglyphs #143. The pattern suggests sustained demand for lending against established digital art and collectibles through Gondi's continuous underwriting system.

CryptoPunk #3945 Acquired for 39 ETH via GONDI Purchase Bundler

CryptoPunk #3945 Acquired for 39 ETH via GONDI Purchase Bundler

**CryptoPunk #3945 Changes Hands Through Leveraged Purchase** A buyer acquired CryptoPunk #3945 for 39.0 ETH using GONDI's purchase bundler feature, financing the purchase with an 18.0 WETH loan. **Loan Terms:** - Duration: 10 days - APR: 13% - Origination fee: 0.0098 WETH The purchase bundler allows buyers to acquire NFTs while simultaneously taking out a loan against the asset, enabling capital-efficient purchases without requiring full upfront payment.

Blue-Chip NFTs Hit GONDI Marketplace

Blue-Chip NFTs Hit GONDI Marketplace

Several high-value NFTs have been listed for sale on the GONDI lending protocol marketplace: - **KNIFE CATCHER #5/10** by XCOPY: 74.7 ETH - **POLITICS IS BULLSHIT #59/100** by Beeple: 190,000 USDC - **CryptoPunk #1035**: 88,000 USDC - **Autoglyph #143**: 77.0 ETH These listings represent notable pieces from established digital artists and collections. GONDI operates as a decentralized NFT lending protocol that allows continuous refinancing of loans, creating a marketplace where borrowers can list collateralized assets.

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