NEW YORK CITY, NY – 02/07/2025 – (SeaPRwire) – In a defining moment for the evolution of decentralized finance (DeFi) and digital asset liquidity, GONDI—a once NFT-native lending protocol—has officially transitioned into a full-stack liquidity platform. This pivotal upgrade reflects not only GONDI’s maturation as a leading player in the NFT financial infrastructure space, but also signals a broader shift in the digital assets market where high-value non-fungible assets and culturally significant ERC-20 tokens are being increasingly treated as collateral-worthy financial instruments.
GONDI’s latest milestone is remarkable: it has now surpassed $100 million in total value locked (TVL), with $45 million in active outstanding debt. This achievement is underpinned by an annualized loan volume that has topped $400 million—figures that firmly cement its place at the top of the NFT financialization sector. At its core, GONDI enables users to unlock the value of their digital collections by offering lending, borrowing, buying, and selling capabilities under one streamlined platform. From high-end generative art to meme coins with real cultural cachet, GONDI is building the infrastructure for the next chapter in Web3 asset utility.
The most headline-grabbing development has been the protocol’s record-setting loan activity. More than 1,400 assets have been collateralized on GONDI, including over 250 CryptoPunks—considered one of the most iconic collections in the NFT space. In a defining moment, a rare seven-attribute CryptoPunk secured a $2.75 million loan denominated in USDC, making it the largest on-chain NFT-backed loan to date. This single transaction highlights GONDI’s capacity to handle institutional-grade asset financing without sacrificing the principles of decentralization.
Further amplifying its appeal, GONDI recently added support for ERC-20 token loans, bringing fixed-term and fixed-APR borrowing models to a range of tokens synonymous with crypto-native culture—$PEPE, $MOG, $REKT, $BOTTO, and $CULT among them. Uniquely, these loans require no oracles for liquidation, a technical architecture that eliminates oracle manipulation risk and improves transparency and predictability for borrowers.
Another key aspect of this upgrade is the unveiling of a full NFT marketplace directly embedded within GONDI. Users can now purchase and sell NFTs—whether they are used as collateral or not—in a frictionless environment. This innovation dramatically simplifies the experience for collectors and investors by combining GONDI’s peer-to-peer lending engine with real-time trading functionality. The interface has been redesigned for maximum usability, encouraging broader adoption among both NFT veterans and newcomers.
Recent months have also seen GONDI facilitating some of the most significant digital art sales in Web3 history. Works by XCOPY, including “Mortal” ($1.1M USDC) and “Last Selfie” ($1.2M USDC), have been transacted via the platform, further proving that high-end digital art can be actively traded and financed with the same rigor as traditional assets.
GONDI’s investor ecosystem is as robust as its platform. Backed by prominent venture capital firms like Pantera Capital, Dragonfly Capital, 6th Man Ventures, Archetype, Hack.vc, Foundation Capital, FJ Labs, The LAO, and others, GONDI’s trajectory is supported by the kind of financial confidence that few in the NFT space can claim.
Whether you’re refinancing a legendary Punk, making a short-term play on meme tokens, or collecting generative masterpieces from Art Blocks and Beeple, GONDI presents itself as the all-in-one hub for digital asset liquidity. The project continues to lead innovation in non-custodial lending protocols, thanks to its pioneering support for partial refinancing, instant loans, and no-oracle liquidations.
About GONDI
GONDI is the premier decentralized, non-custodial peer-to-peer lending protocol purpose-built for NFTs and select ERC-20 tokens. Its protocol architecture is designed to empower users with tools to unlock liquidity from their digital assets through a seamless, transparent, and secure interface. GONDI supports top-tier NFT collections including CryptoPunks, Bored Ape Yacht Club, Art Blocks, Fidenzas, XCOPY, BEEPLE, ACK, and more than 150 curated collections.
About Florida Street Inc.
Florida Street Inc. is the core developer and contributor of the GONDI protocol, responsible for the technical development, product design, and long-term vision of the platform.
source https://newsroom.seaprwire.com/technologies/nft-lending-giant-gondi-expands-into-full-stack-liquidity-with-100m-milestone/