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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Blast

# Blast Price Methodology

## 1. Overview

The Blast price metric tracks the USD-denominated price of Blast protocol tokens over time. This metric provides daily price data for Blast-related assets, enabling analysis of token performance and market valuation trends. The calculation retrieves price data from external cryptocurrency market data providers and standardizes it into Token Terminal's metric format with consistent time boundaries and data quality controls.

## 2. Data sources

- **External cryptocurrency price APIs**: End-of-day price feeds from cryptocurrency market data providers, specifically CoinGecko API services
- **Token metadata**: Protocol token identifiers, contract addresses, and asset specifications for Blast protocol tokens
- **Historical market data**: Time-series pricing information for Blast tokens dating back to protocol launch

## 3. Step-by-step calculation

### Component A: Price data retrieval
- **Purpose**: Fetches raw price data for Blast protocol tokens from external market data sources
- **Logic**: The system queries cryptocurrency price APIs using the Blast protocol identifier to retrieve current and historical price data for relevant tokens. This includes the native BLAST token and any other protocol-associated assets. The data is pulled in its raw format with original timestamps and price values in various denominations.
- **Key fields**: Token identifiers, raw `price` values, original `timestamp` data, and currency denomination information

### Component B: Data standardization and quality control
- **Purpose**: Processes raw price data into Token Terminal's standardized metric format
- **Logic**: The retrieved price data undergoes standardization to ensure consistency across all metrics. This includes converting all price values to USD denomination, normalizing timestamps to daily intervals, and applying data quality checks to identify and handle anomalous price movements. Missing data points are filled using a zero-fill strategy, meaning any gaps in the price timeline are populated with zero values rather than forward-filling previous prices or interpolating between known values.
- **Key fields**: Standardized `timestamp` in daily intervals, USD-denominated `price` values, data quality flags, and metric metadata

### Final aggregation
- **Combining components**: The standardized price data flows directly from the processing component without additional aggregation, as this is already a time-series metric
- **Currency conversion**: All price values are converted to USD using the standard conversion methodology applied during the data standardization step
- **Time aggregation**: Price data is presented as daily snapshots with consistent timestamp boundaries
- **Final calculation**: The final metric presents the USD price of Blast protocol tokens for each day since protocol launch (2024-06-26), with missing data points filled as zero values to maintain time series continuity

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

Current USD value of a project's governance or native token.

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