Zombie CryptoPunk Sells for 875,000 USDC on GONDI

A rare CryptoPunk, #3609, has sold for 875,000 USDC on the NFT liquidity protocol GONDI. This sale is notable, as it shows that Zombie CryptoPunks, of which there are only 88 in the 10,000-piece collection, can command high prices. The Punk itself has a unique combination of traits, including Earring and Do-rag.

The sale is also significant because it highlights the role of NFT lending in the market. The seller had a loan of 365,000 USDC attached to the Punk, which was repaid automatically when the sale went through. This means that the buyer's payment of 875,000 USDC covered not only the purchase price but also the outstanding loan.

This sale is a good example of the 'zombie premium' for these variants, according to the research behind the sale. With only 88 Zombies in existence, any one of them coming to market is an event. However, this sale also serves as a reality check for holders who bought at the earlier price of 440 ETH (approximately $1.09 million) in May 2025. They would have taken a loss in dollar terms, before counting any interest paid on loans along the way.