Chain Guides5 min read
Blast: The Layer 2 With Native Yield on ETH and Stablecoins
Explore Blast — an Ethereum L2 that automatically earns yield on your ETH and stablecoin deposits.
What Is Blast?
Blast is an optimistic rollup Layer 2 that offers native yield on ETH and stablecoins. Unlike other L2s where your idle ETH earns nothing, Blast automatically stakes your ETH and deposits stablecoins into yield protocols.
How Native Yield Works
- ETH yield: All ETH on Blast is automatically staked via Lido (stETH), earning ~4% APY
- Stablecoin yield: USDB (Blast native stablecoin) earns yield from MakerDAO T-Bill protocol (~5% APY)
- Automatic: No action required — your balance grows just by holding on Blast
The BLAST Token
The BLAST token serves as the governance and incentive token. Blast launched with an aggressive points program that attracted significant TVL during its early phases.
Ecosystem
- Thruster: Major DEX on Blast
- Juice Finance: Leveraged yield protocol
- Particle Trade: Perpetuals trading
- BlastBridge: Official bridge to Ethereum
Considerations
- Centralization: Blast team controls upgrades and yield strategy
- Yield source risk: If Lido or MakerDAO face issues, Blast yield is affected
- Optimistic security: 7-day withdrawal period to Ethereum
Using Blast with Alkizen
Bridge from any chain to Blast and start earning native yield automatically. Alkizen makes it simple to move assets to Blast when you want your idle crypto to work for you.