Traders buy NFTs either via the Blur aggregator or Blur's own marketplace from creators & and other users. When trading via Blur's own marketplace, traders pay royalty fees to the creators (supply-side fees).

Blur is a non-custodial NFT marketplace and a marketplace aggregator protocol built on Ethereum. Blur was founded by a pseudonymous team and launched in 2022.

BLUR tokenholders own and govern the protocol. They currently do not take a cut of the royalty fees paid by traders (revenue). Blur's investors include Paradigm, eGirl Capital, etc.

governance

twitter

discord

etherscan

website

NFT marketplaces

Blur

# Blur Maximum token supply Methodology

## 1. Overview

The Blur token supply maximum metric represents the theoretical maximum number of BLUR tokens that can ever exist according to the protocol's tokenomics design. This is a static protocol parameter that remains constant at 3 billion tokens throughout the protocol's lifecycle. The metric provides the upper bound for token supply analysis and is essential for calculating metrics like market capitalization potential and token distribution ratios.

## 2. Data sources

This metric is derived from static protocol specifications rather than dynamic blockchain data:
- **Protocol documentation**: Official Blur protocol tokenomics specifications that define the maximum token supply
- **Smart contract parameters**: Token contract deployment specifications that establish the supply cap
- **Protocol governance records**: Official documentation from the protocol's governance or development team regarding token economics

## 3. Step-by-step calculation

### Component A: Static parameter definition
- **Purpose**: Establishes the fixed maximum token supply value and associated metadata
- **Logic**: The calculation uses hardcoded protocol parameters established at token launch. The launch timestamp is set to February 14, 2023 at 00:00:00 UTC, representing when the BLUR token became active. The maximum supply is defined as exactly 3,000,000,000 BLUR tokens, which represents the theoretical maximum that can ever be minted according to the protocol's smart contract design. The timestamp granularity is set to daily to align with Token Terminal's standard reporting intervals.
- **Key fields**: The `timestamp` field marks the protocol launch date, `timestamp_grain` specifies daily reporting frequency, and `token_supply_maximum` contains the 3 billion token ceiling

### Final aggregation
- **Combining components**: Since this metric uses static data, no complex aggregation is required beyond applying the standardization macro
- **Currency conversion**: No currency conversion is needed as this metric represents token quantity, not monetary value
- **Time aggregation**: The fill-forward strategy creates a complete daily time series starting from the launch date, with the same maximum supply value repeated for each day
- **Final calculation**: The final metric value is consistently 3,000,000,000 BLUR tokens for every day from the protocol launch forward, representing the unchanging maximum supply ceiling established in the protocol's tokenomics design

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

BlurBLUR

Maximum token supply

Maximum token supply

Competitive landscape