Blast's normal withdrawal route closes today, Oct 26, and DefiLlama still counts $7.44M sitting in apps on the chain.
That is about 0.33% of the $2.26B peak it recorded on June 6, 2024. The team announced the shutdown on Oct 2, saying the L2 costs more to run than it earns.
Over half of what's left sits in one DEX. Thruster's two pool versions hold about $3.89M (checked 12:10 UTC+8). LP tokens don't bridge on their own, so you remove the liquidity first and then bridge the coins back to Ethereum. Blast's bridge page says that leg takes about a day.
After today, Blast says funds can still come out, but only by calling its bridge contracts on Ethereum directly. It promised to publish instructions, and as of 12:10 UTC+8 its last post on X is a reminder from Oct 13.
Coinbase told users to move BLAST off before Oct 26 or lose access once the network shuts down.
Blast hasn't named a cutoff hour. If you still have anything on the chain, the PWA wallet included, start the exit now through the official Blast bridge. Anyone in your DMs offering to recover Blast funds is running a scam.
$BLAST
#Blast #Layer2
NFA. DYOR.
That is about 0.33% of the $2.26B peak it recorded on June 6, 2024. The team announced the shutdown on Oct 2, saying the L2 costs more to run than it earns.
Over half of what's left sits in one DEX. Thruster's two pool versions hold about $3.89M (checked 12:10 UTC+8). LP tokens don't bridge on their own, so you remove the liquidity first and then bridge the coins back to Ethereum. Blast's bridge page says that leg takes about a day.
After today, Blast says funds can still come out, but only by calling its bridge contracts on Ethereum directly. It promised to publish instructions, and as of 12:10 UTC+8 its last post on X is a reminder from Oct 13.
Coinbase told users to move BLAST off before Oct 26 or lose access once the network shuts down.
Blast hasn't named a cutoff hour. If you still have anything on the chain, the PWA wallet included, start the exit now through the official Blast bridge. Anyone in your DMs offering to recover Blast funds is running a scam.
$BLAST
#Blast #Layer2
NFA. DYOR.
