
Blast BLASTPrice $ 0.00297
Rank: 450
BLAST Price
General Info
Contracts/Explorers:
Blast
Funds and Backers
Blast (BLAST) Chart
BLAST to USD Converter











What is Blast (BLAST)?
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.
Blast Price Today
Blast's current price is $ 0.00297, it has increased +3.87% over the past 24 hours.
Blast's All Time High (ATH) of $ 0.0286 was reached on 27 Jun 2024, and is currently -89.6% down.
The current circulating supply of Blast is 21.36 Billion tokens, and the maximum supply of Blast is 100.00 Billions.
Blast’s 24 hour trading volume is $ 11.07 Million.
Blast's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 63.37 Million.
You can find more details about Blast on its official website and on the block explorer.
Trending Coins and Tokens 
- 313
RedStone
RED$ 0.416
0.40% - 85
Walrus
WAL$ 0.550
1.39% - 744
GUNZ
GUN$ 0.0413
7.11% - 152
Wormhole
W$ 0.0883
2.12% - 381
Nillion
NIL$ 0.427
0.30% - 18
Sui
SUI$ 2.26
0.19% - 211
zkSync
ZK$ 0.06
2.63%