Pudgy Penguins Secure 48,000 USDC in NFT-backed Loans on Gondi
Pudgy Penguins Secure 48,000 USDC in NFT-backed Loans on Gondi
🐧 Penguins Take Out Loans
Four Pudgy Penguins NFTs were used as collateral to secure USDC loans on the Gondi protocol:
- Pudgy #7705 (Gold): 16,000 USDC
- Pudgy #3786: 11,000 USDC
- Pudgy #4912: 10,000 USDC
- Pudgy #828: 11,000 USDC
All loans share identical terms:
- 30-day duration
- 13% APR
- Origination fees ranging from 160-250 USDC
This represents a notable improvement from January's terms, which had higher APRs of 18% and larger origination fees.
Lost Robbie AI Portrait Listed on Gondi for $600k
A notable AI-generated artwork from Robbie Barat's Lost Robbie collection, Portrait #7 frame #13, is currently listed on the Gondi NFT platform for $600,000. The listing represents a 20% increase from its March listing price of 500,000 USDC. For context, another piece from the Lost Robbie collection sold for $685,000 in January 2025. - Current listing: $600,000 - Previous listing (March): $500,000 - Recent collection sale: $685,000 *This represents ongoing market interest in AI-generated fine art NFTs*
GONDI Emerges as Leading NFT Lending Protocol with Full-Stack Marketplace Launch
GONDI has established itself as the dominant force in NFT lending, capturing 40% of the market share. The protocol currently manages: - $47M in outstanding NFT loan debt - ~$100M in Total Value Locked (TVL) The platform recently launched its Full-Stack NFT Liquidity Marketplace, garnering coverage from Bankless. The new marketplace enables continuous underwriting and seamless loan refinancing capabilities. [Read the full coverage on Bankless](https://www.bankless.com/read/new-nft-finance-stack-gondi-2)
CryptoPunk #8791 Loan Refinanced on GONDI
A borrower successfully refinanced their 45.0 WETH loan on GONDI for Wrapped CryptoPunk #8791, achieving a significant rate reduction. The APR decreased from 13.04% to 11.72%, demonstrating GONDI's ability to provide more favorable terms for NFT-backed loans. This follows a pattern of successful refinancing on the platform, including the recent refinancing of gmoneyNFT's Ape Punk (Punk #8219) which saw its APR reduced to 15.57%. GONDI continues to lead the NFT lending market with competitive rates and efficient refinancing options.
Mask of Luci Listed on GONDI NFT Marketplace
The Untainted Glint piece from the Masks of Luci collection by Sam Spratt is currently listed at 17,500 USDC on GONDI's NFT marketplace. The collection, added to GONDI in March 2025, maintains a floor price of ~6.4 ETH with over 220 ETH in secondary sales volume. Notable collectors include: - @0xBart - @AustinGrier1 - @CyborgNomad - @BobLoukas - @0xBriann Users can borrow or lend against these pieces using either USDC or ETH on [GONDI](gondi.xyz/collections/sam-sp).
DATALAND - BIOME LUMINA Collection Added to GONDI NFT Lending Platform
Refik Anadol's DATALAND - BIOME LUMINA collection is now available on GONDI for NFT-backed loans. Two active loan offers are available: - 1.5 ETH offer: 30-day term, 20% APR, 0.008 ETH origination fee - 4,000 USDC offer: 30-day term, 20% APR, 20 USDC origination fee Current floor price stands at ~3.775 ETH with 183 ETH in secondary trading volume. **Notable collectors** include mfermigo, alexroadweb, and superpotsecret.