Blast (BLAST) is an Ethereum
Layer-2 optimistic
rollup founded by Tieshun Roquerre (Pacman) from Blur, distinguished by its native yield mechanism that automatically compounds returns from ETH
staking and RWA protocols for both users and
dApps. It operates with high throughput and low fees, distributing yields to holders and developers to bootstrap ecosystem growth, while the BLAST token enables staking for governance participation and additional rewards. The platform supports full
EVM compatibility for seamless dApp deployment and has attracted significant TVL through its innovative yield-sharing model in a competitive L2 landscape.
When Did Blast Launch?
Blast was founded by Tieshun Roquerre and launched its
mainnet in February 2024 with a points system and airdrop incentives that drew massive early participation. The BLAST token generation event followed in mid-2024 with substantial community distributions, while 2025 developments included governance activation and expanded yield integrations, achieving one of the highest TVL figures among L2s by December 2025.
What Are the Key Features of Blast?
Blast features native yield generation for ETH and
stablecoins automatically compounded from L1 staking and RWA returns, optimistic rollup architecture for scalable low-fee transactions, staking programs for governance influence and additional rewards, audited security with focus on capital efficiency, dApp incentives through yield sharing to bootstrap growth, and full EVM compatibility for Ethereum developer migration in a high-performance Layer-2 environment.
What Is BLAST Used For?
BLAST is used for staking to earn compounded yields and participate in governance votes, paying reduced fees for transactions, accessing ecosystem grants for dApp builders, voting on treasury allocation and upgrades, and receiving incentives tied to network activity and TVL growth.
What Is the BLAST Token Utility?
BLAST secures governance staking for voting power and reward multipliers, captures value from platform fees and yield distributions, incentivizes dApp development through treasury grants, enables
DAO decisions on protocol parameters, and funds ecosystem expansion with revenue shares.
What Blockchain Does Blast Operate On?
Blast is an optimistic rollup Layer-2 on Ethereum, providing scalable execution with native yield mechanisms while settling on Ethereum L1 for security.
What Are BLAST Tokenomics?
BLAST features a capped supply with controlled circulation from airdrops and unlocks as of December 2025. Allocation prioritizes community incentives, staking rewards, treasury for development, and partnerships, with deflationary pressure from potential burns to support scarcity.
How To Securely Store BLAST
BLAST works with the most popular crypto wallets that support EVM-based assets. The easiest way to engage with BLAST is through
BingX Spot Market where users can buy, sell, and hold tokens securely without managing private keys or additional wallet setups. This approach offers exchange-level security, a custodial wallet service, and instant trading access, making it convenient for new and experienced users alike. This token is also compatible with leading self-custody wallets such as
MetaMask and
Trust Wallet along with other major EVM-compatible wallets and hardware options like
Ledger. These wallets give users full control over their private keys and allow direct participation in decentralized applications, platform features, staking, governance, and cross-network transactions within the Blast ecosystem. By adding the Ethereum network and importing the BLAST token using its contract address, users can enjoy secure and seamless access to all platform utilities and rewards.
Is BLAST a Good Investment?
Blast provides native yield on Ethereum L2 with capped supply and staking rewards for governance. As of December 2025, circulation supports high TVL valuation with strong user inflows from yield innovation, benefiting from L2 competition and developer grants, though faces risks from optimistic rollup assumptions and centralization concerns. Audited yield model offers edge; high-cap L2 for diversified holdings with independent research recommended.