🔌 $32 million is what is left in a network that once held over $2 billion
Blast, an Ethereum Layer 2, has announced it is winding down: running the chain costs more than it earns. Withdrawals through the normal interface stay open until October 26; after that users have to work with the bridge contracts on Ethereum directly. Blast went live in November 2023 after a $20 million round led by Paradigm.
#project
📈 Hyperliquid — perpetuals that settle onchain
🔗 My channels: Youtube • X • Site
Blast, an Ethereum Layer 2, has announced it is winding down: running the chain costs more than it earns. Withdrawals through the normal interface stay open until October 26; after that users have to work with the bridge contracts on Ethereum directly. Blast went live in November 2023 after a $20 million round led by Paradigm.
#project
📈 Hyperliquid — perpetuals that settle onchain
🔗 My channels: Youtube • X • Site