Blast batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (expense). Bridge depositors deposit ETH or stablecoins to Blast and receive a yield from ETH staking or T-bill strategies.

Blast is an L2 smart contract platform for decentralized applications on Ethereum. Blast has an inherent yield generation mechanism, coming from ETH staking and RWA protocols. Blast was founded by Pacman and launched in 2023.

Blast team and investors currently own and govern the protocol. Blast's investors include Paradigm, Standard Crypto, Santiago, etc.

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Blockchains (L2)

Blast

Ecosystem bridged stablecoin supply

Outstanding bridged stablecoin supply attributable to the ecosystem.

BlastBLAST

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Ecosystem bridged stablecoin supply

Ecosystem bridged stablecoin supply

Competitive landscape

Chain breakdown