The NFT cross-chain lending protocol Singular has reached a locked amount of 264 WGG on-chain, surpassing Floor Protocol to become its largest holding contract address

ChainCatcher news, NFTScan data shows that the TVL of NFT lending protocols has increased by over 100 ETH in the past week. The Weirdo Ghost Gang single pool lending amount exceeds 50 ETH, with over 300 pledged, of which 264 are pledged on Arbitrum, accounting for 4.7% of the issuance, surpassing Floor Protocol to become its largest holding contract address. It has also become the largest NFT lending platform on the Arbitrum chain.

As the first cross-chain NFT lending protocol that supports multiple ecosystems such as BTC and ETH, and the first peer-to-pool lending platform supporting the BTC ecosystem, Singula is expected to officially launch the Bitcoin Frogs lending pool this week, while collaborating with multiple layer 2s in the BTC ecosystem to provide liquidity support for NFT assets in the BTC ecosystem.