Blast ¹

The L2 that pays you yield just for holding ETH and stablecoins — no staking needed, your balance just grows.

Key Difference: Your bridge deposits get invested in DeFi protocols behind the scenes, but this means extra risk beyond typical L2s, and the chain saw massive user decline after airdrop incentives ended.

Best for: Users wanting automatic yield on idle funds, yield-focused DeFi experiments, risk-tolerant builders.

Technical: Modified OP Stack that auto-stakes bridge funds and implements rebasing token balances.

• Use Cases

  • Passive yield: Your ETH/USDB earn ~4-5% doing nothing
  • Yield-first apps: Build assuming users already earn baseline yield
  • High-risk DeFi: Leverage the native yield for experiments
  • Fantasy.top: One of the few apps with real users

• Security & Data Availability

  • Optimistic rollup but fraud proofs aren't live yet
  • Fully centralized sequencer control
  • Contracts upgradeable instantly via multisig
  • Your funds are actively at risk in external DeFi protocols

• Infra & Execution

  • OP Stack heavily modified for native yield
  • Bridge ETH goes into liquid staking tokens
  • Stablecoins deployed to T-Bill protocols
  • Balances automatically rebase (increase) in your wallet

• Performance

  • Can handle high TPS but actual usage is low
  • 2-second block times
  • Had massive TVL at launch, lost most after airdrop
  • Currently minimal organic activity

• Trade-offs

  • Your bridge funds are in DeFi protocols (can be hacked or lose value)
  • No fraud proofs means trusting sequencer completely
  • Can be upgraded instantly (rug risk)
  • Lost significant adoption after incentives dried up