Blast Ecosystem
Blast is an EVM-compatible optimistic rollup blockchain platform built on top of Ethereum by creators of Blur. Read more
Market Cap
Projects
Ecosystem Backers
Projects
Category
Tether
USDT is a fiat-collateralized stablecoin pegged to the US Dollar issued by TetherUS.
Uniswap
Uniswap protocol is the largest Automated Market Maker (AMM) DEX on the Ethereum Virtual Machine.
Pyth Network
Pyth Network is a blockchain oracle for market data.
Ethena
Ethena is a blockchain-based protocol on Ethereum designed to create a decentralized, crypto-native stablecoin called USDe.
Axelar
Axelar is a decentralized interoperability platform aiming to connect different blockchain networks.
Blur
Blur is the NFT marketplace for pro traders on Ethereum and Blast.
ether.fi
Ether.fi is a native liquid restaking protocol.
Biconomy
Biconomy provides plug-n-play APIs to improve the usability and accessibility of web3.0
Trust Wallet
Trust Wallet is a self-custody crypto wallet supporting 10M+ assets across 100+ blockchains.
Renzo
Renzo is a restaking protocol built on the EigenLayer framework.
Blast
Blast is an EVM-compatible optimistic rollup blockchain platform built on top of Ethereum by creators of Blur.
Sushi
Sushi is a multi-chain AMM DEX with cross-chain functionality.
Symbiosis Finance
Symbiosis is a cross-chain AMM DEX that pools together liquidity from different blockchains.
Celer Network
Celer Network is a inter-blockchain and cross-layer communication platform.
pSTAKE
pSTAKE Finance is a Bitcoin Yield and Liquid Staking protocol.
Kyber Network Crystal
Kyber Network is an multi-chain DEX aggregator on Ethereum Virtual Machine.
UMA
UMA is a decentralized financial contracts platform built to enable Universal Market Access.
Eesee
eesee is a one-stop liquidity solution for sellers, with raffle system at an affordable cost. Tailored for digital assets, tokens and RWA's.
Synapse
Synapse is a cross-chain liquidity layer on Ethereum Virtual Machine.
Ethena USDe
USDe is a delta-neutral synthetic dollar issued by Ethena Labs.
SynFutures
SynFutures, a decentralized derivatives exchange focused on trading crypto perpetual futures.
ZeroLend
ZeroLend is a decentralized lending platform, featuring a lending and borrowing system.
OpenOcean
OpenOcean is a cross-chain DEX aggregator on Ethereum Virtual Machine.
MATH
Math Wallet is a multi-chain crypto wallet.
Hyperlane
Hyperlane is a interoperability layer built for the modular blockchain stack.
Abracadabra.Money
Abracadabra.money is a stablecoin lending platform that uses interest-bearing tokens as collateral.
RedStone
RedStone is a modular oracles for DeFi.
SQD
SQD is a peer-to-peer network to batch query and aggregate on-chain and off-chain data.
Gelato
Gelato is a protocol to automate smart contract executions on Ethereum.
Banana Gun
Banana Gun is Telegram trading bot working on Ethereum, Base, Blast, Solana and Unichain.
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What is Blast Ecosystem?
Blast yield comes from ETH staking and RWA protocols. The yield from these decentralized protocols is passed back to Blast users automatically. The default interest rate on other L2s is 0%. On Blast, it’s 4% for ETH and 5% for stablecoins.
Why a new L2
After the merge, Ethereum provides 4% yield on ETH. On-chain T-Bill protocols provide 5% yield on stablecoins. If users do not match or beat these rates, they are losing money to a form of inflation.
L2s today do not have this yield. Incorporating ETH and stablecoin yield natively requires a new L2 designed from the ground up. Blast is an EVM-compatible, optimistic rollup that raises the baseline yield for users and developers without changing the experience cryptonatives expect.
This yield makes it possible to create new business models for Dapps that aren’t possible on other L2s.
How Blast works
Auto Rebasing
ETH itself, not WETH, STETH, or any other ERC20, is natively rebasing on the L2. The ETH balance for EOAs is automatically rebasing. Smart contracts can opt-in to this rebasing, making it easy to existing Dapps to deploy on Blast without any changes.
USDB, Blast’s native stablecoin, is automatically rebasing as well. Like ETH on Blast, USDB is automatically rebasing for EOAs. USDB is also automatically rebasing for smart contracts. Smart contracts can opt-out from this rebasing.
L1 Staking
Blast only became possible following Ethereum’s Shanghai upgrade. ETH yield from L1 staking, initially Lido, is automatically transferred to users via rebasing ETH on the L2.
In the future, the Blast community will have the power to supplement, or even fully replace, Lido Blast-native solutions or other third party protocols.
T-Bill Yield
Users who bridge stablecoins receive USDB, Blast’s auto-rebasing stablecoin. The yield for USDB comes from MakerDAO’s on-chain T-Bill protocol. USDB can be redeemed for USDC when bridging back to Ethereum.
In the future, the Blast community will have the power to supplement, or even fully replace, MakerDAO with Blast-native solutions or other third party protocols.
Gas Revenue Sharing
Other L2s keep revenue from gas fees for themselves. Blast gives net gas revenue back to Dapps programatically. Dapps developers can keep this revenue for themselves or use it to subsidize gas fees for users.