blast45
$blast
MCAP42.72M
-10.85%

what's blast?

Blast is an Ethereum Layer 2 scaling solution that addresses Ethereum's scalability issues by providing faster transactions and lower fees while inheriting Ethereum's security through optimistic rollups. It introduces native yield for ETH and stablecoins via integration with protocols like Lido and MakerDAO, allowing users to earn rewards on deposited assets. The platform supports decentralized applications with features like auto-compounding yields and has attracted significant TVL growth. Blast launched its native token BLAST, which is used for governance and staking within the ecosystem.

Snapshot

Trove Markets launches on Blast.

contract

blast

4H ago
PARTNERSHIP

Trove Markets is launching on Blast.

1M ago

A product launch tomorrow snapshots addresses with meaningful volume on Predict (Blast) and other prediction markets including Polymarket, Limitless, Myriad Markets, and Opinion Labs, with CZ and Dingaling reposting the announcement.

Two new features are being released in the Blast mobile app this year.

Santiago and a Paradigm representative attempted to negotiate token unlocks at TGE with 75% lower valuations for ecosystem projects.

The founder is associated with a new project called earlyfans_xyz, raising questions about whether major funds will back this third venture from the same team.

Social media accounts for both Blur and Blast are no longer active, and questions arise about backer Paradigm's response and potential legal action.

Predict.fun returns to Blast with dingaling running operations on Binance and integrating Blast's native yield feature.

Predict.fun's first launch on Blast a year ago failed before the project moved to BNB Chain, with criticism directed at founder dingaling for launching derivative fork projects that attempt token launches.

Partnership announced with Kinsu from the ConsumerFi team to develop a consumer savings app, with collaboration on bringing awareness to the initiative.

Five projects leave for other chains: Pump moves to Solana, Fantasy to Base, Predictfun to BNB Chain, Fenix to HyperEVM (now Nest), and Wasabi to multichain. Former prominent community members are now active on Hyperliquid.

Jez removes "blast era" from his name. (ID: 1993815721579827546)

Cambria game on Blast attracts players from Fantasy and Kamigotchi projects with entry cost of 0.05-0.1 ETH.

Blast classified as a failed launch example alongside Bera, in contrast to Base and Arbitrum which are cited as successful launches over 1+ year timeframes.

2M ago

Analysis shows Blast has $12m net onchain revenue (lifetime revenues minus onchain expenses) and ranks as the closest to profitable of major L2s surveyed excluding Base, with a $20m fundraise.

The founder is no longer with the platform, and a user has withdrawn all stables from the project citing deterioration after the founder's departure.

WOOL claims open for ETH and Blast pouch holders until January 15th, 2026, with total supply reduced 90% from 100B to 10B and TGE scheduled for Q1 2026.

Fantasy caught entering bot accounts into their Arenas tournaments to avoid paying guaranteed overlay prizes after marketing them as such. The team announces the core game has approximately 30 weeks of runway remaining and will not receive additional funding.

The Blast team extracted nearly billions in value and rotates to a new project called Plasma according to crypto trader allegations.

Fantasy, a major game on Blast, faces community accusations of exit scamming and has no plans for TGE despite previous teasing, while multiple teams departed the Blast ecosystem after its TGE and momentum ended.

Current FDV is $125M with ongoing token yield emissions. Competitor MegaETH has a $1B valuation comparison.

Blast is explicitly called a grift (scam) project by a crypto trader and categorized as a bad project that users are advised to farm and dump at token launch.

The final weekly yield distribution occurs, with all pending yield becoming unclaimable after Jan 31, 2026. The Blast version of Predict platform closes Jan 31, 2026, and a snapshot captures wallets with $100+ in trading volume.

1 billion tokens release to market tomorrow from presale refunds according to community discussion.

A crypto trader publicly categorizes the project among "flopped" farming opportunities that did not pay off, contrasting it with successful alternatives like Etherfi and Kamino.

The project promotes an 'OG token drop' tied to swap activity to drive platform usage.

Token is down from TGE price alongside most infrastructure projects, with only SEI and SUI showing positive performance in this sector comparison.

A game built on the platform by a North Korean developer was hacked, and insiders allegedly took the entire allocation from their own farm.

An angel investor reports $100k in losses on projects launched on the platform, describing these investments as extremely negative expected value.

A user reports complete inability to connect to the network, preventing access to ETH held on the platform.

3M ago

Delta-neutral funding arbitrage on BLAST currently provides 411% APR.

Association with former employees has become so toxic it's now used as a generalized market metaphor for underperforming altcoins, indicating the reputational damage has entered mainstream crypto trading discourse beyond specific projects.

Key opinion leaders have either abandoned the ecosystem (successfully pivoting elsewhere) or become irrelevant, with the ecosystem described as "failing" and "past expiry."

Evidence emerges of financially-motivated coordinated FUD campaigns, as a trader openly solicits payment for aggressive attacks against projects, citing their previous campaign against the project and Pacman as credentials.

Market prices XPL as if only 1 former Blast employee is associated with the project instead of 3, indicating a potentially significant reduction in perceived exposure to the reputational issues.

The reputational crisis reaches new severity as crypto projects begin publicly disclosing former employee counts in response to community concerns, a disclosure practice that reportedly didn't occur even after the FTX collapse.

Plasma token experiences plunge amid rumors of insider selling connected to the project, though founder Paul Faecks denies allegations and claims team and investor tokens remain locked.

A detailed fraud allegation emerges claiming the project was specifically designed as exit liquidity for $blur token holders, utilizing a staking mechanism where users staked $blur (an NFT marketplace token) to earn points for the layer 2 launch, enabling insiders to exit $blur positions at elevated prices before the eventual launch with no CEX listings.

Plasma XPL token shows price appreciation despite ongoing FUD about Blast employee involvement, suggesting potential market decoupling from the project's reputational issues during the broader crypto market rally.

BLAST team members or associates are reportedly joining other leading crypto protocols and dApps, generating security concerns and community scrutiny characterized as "infiltration" by observers in the broader ecosystem.

Industry sentiment suggests former employees may be unhireable in the broader crypto space due to their association with the project, indicating severe reputational damage extending beyond the platform itself to individual team members' career prospects.

Crypto funds are reportedly spending seven figures to obtain employment records related to the project, indicating extensive institutional due diligence activity.

Nine-figure deposits (100M+) reportedly flow into Blast V2, while community members express skepticism about potential Pacman involvement with an entity called Plasma, given his controversial track record with the project.

Users report significant capital losses with one reference to $1.5 million lost, while questions about app retention suggest ongoing user exodus from the platform.

$BLAST shows positive funding rate of +0.1145% with 125.38% APR in current trading conditions.

Platform launches 'Project Blast Off' featuring seven dApps with corresponding reward missions for users.

4M ago

A whale bridges seven figures to the platform, indicating significant capital inflow from major investors.

Project reportedly failed due to leadership alienating potential allies and supporters, with "pacman" figure blamed for damaging key relationships.

Blast Gold conversion rate announced at 1 Blast Gold = 70 $BLAST tokens, with $BLAST valued at $0.17 per token.

Platform confirms users are completely unaffected by recent NPM supply-chain attack after source code review.

Perpetual futures surge 22.8% in 24 hours, ranking as second-highest mover on Kraken Pro.

Questions emerge about the actual builders of the project, with suggestions that an unknown entity called "Maradigm" rather than Paradigm may have been responsible for development, while this same entity is allegedly building a new project called "Tempo."

INIT Capital pauses new deposits and positions on platform, existing users limited to closing positions and withdrawals.

Active addresses surge 113% over 7 days, ranking third among major chains for growth.

Current TVL stands at $1.5B with $1.43B (333k ETH) locked in L2ToL1MessagePasser contract, contradicting previous reports of $67M TVL.

TVL drops 97% to $67M from $2.2B peak, while official accounts and founder remain inactive for over 3 months, indicating possible project abandonment.

Network fees surge 91% over 7 days, ranking fifth highest among major chains for fee growth.

5M ago

Bluefin exchange confirms integration partnership and upcoming spot trading support for all graduating tokens.

Active addresses grow 97% placing third among major EVM chains behind Scroll and Mantle.

Operational yield farming protocol demonstrates stable returns of $195/day through single-sided staking.

Sundial commits to deploy complete zero-knowledge tooling suite on launch day.

Protocol plans first-party mobile app launch with Paradigm backing and App Store presence.

Founder demonstrates pattern of abandoning projects after initial hype, with no official communications from associated project (Blur) in past 5 months.

Critical security vulnerability discovered and patched; white hat hacker receives $10k bounty for responsible disclosure.

Network experiences complete halt in block production for 2 weeks with no community response.

Major whale withdraws 8,231 ETH ($31.23M) from protocol to Binance, marking final exit after generating $12M in farming rewards; initial position was 45,000 ETH ($102M).

Yield farming APR increases to 78%, up from 48% reported in July

Lack of transparency surrounding 30% community rewards distribution poses risk to token holders

Founders reportedly disengage from project operations despite substantial runway, while VCs lack governance authority to implement leadership changes.

Platform achieves new all-time high with 26,800 total decks (+1,682) and 3,698 active players (+294), including 107 new or returning users.

Yield farming program generates 48% APY through emissions, producing $160 daily returns on $120K capital deployment.

6M ago

Active addresses grow 35% weekly, ranking among top 5 EVM chains for user growth despite recent ecosystem departures.

30% price surge follows BasePay release implementation

Lombard Finance initiates migration to L2, moving wrapped Bitcoin holdings from ecosystem

Protocol demonstrates critical dependency with 87% of weekly fees from Fantasy Top amid announced departure

Bridge functionality implementation imminent following user pressure, enabling asset migration out of ecosystem.

Project exodus continues as Fantasy Top tournaments announce final event before Base migration.

Coordinated short squeeze attempt targets 0.003 price level during Blur S4 reward period

Allegations emerge of exit liquidity scheme using BLUR staking program, with significantly reduced airdrops indicating possible slow rug.

$1M in BLAST rewards distribute today to Blur leaderboard participants, creating potential selling pressure as non-ecosystem-aligned holders likely to dump tokens immediately.

THRUST token redemption announced at 0.058 USDB per token, with distribution scheduled for July 8, 2025.

Transaction volume increases 119% over 7-day period, indicating significant network growth.

Official Twitter account @BlastFutures has been compromised - users warned to avoid all interaction with account links and tweets.

New block explorer integration with Routescan enables secondary data verification capabilities.

Token unlock of $22M representing 35% of circulating supply scheduled for June 26.

Gold farming activities disrupt Hyperliquid trading platform operations

Network activity shows strong growth with daily transactions peaking at 500K, now stabilized at 376K weekly transactions.

Leadership ghosting contributors and cancelling committed airdrops reveals expanding governance issues.

Failed partnership with $TRUST ecosystem and pattern of broken agreements reveals significant governance risks.

$25M token unlocks scheduled in 7 days: $10M to investors, $15M to core contributors.

7M ago

Selected as finalist in Blast Big Bang competition; launching TG+Discord integration and NLP AI for social alpha features.

Backroom token sale reaches 800% oversubscription with 5.5k participating wallets ahead of launch.

$ROOM launches in 12 hours with 8% community sale post-TGE; price range 1.25M-5M FDV with 35-day cliff.

Progress Council members demonstrate unprofessional behavior and actively promote competitor chains, signaling governance deterioration.

Successful launch of Monad and Tactics V3 completed; native free-to-play TCG experience under development to expand mass market reach.

Strategic partnership established with Stripe payment processor for Season 3 integration.

Active solicitation of criminal activities observed, suggesting increased security threat.

Security alert: Active monetary theft scheme identified with negligent protocol response, legal action threatened.

$360M in Total Value Processed (TVP) with minimal TVL indicates high transaction throughput without value lock-up.

Allegations emerge of ETH backing manipulation by specific actors, potentially compromising dETH stability.

7-day fee growth drops to 13%, showing deteriorating network activity momentum.