Blast TVL, the L2 network launched by Blur founder, surpasses $6.2 million
Total value locked (TVL) of Layer2 network Blast, founded by Blur's Pacman, has surpassed $6.2 million. According to Etherscan data, the Blast contract address currently has assets worth over $6.2 million, including 736.28 ETH (approximately $1.486 million), 2256.11 stETH (approximately $4.549 million), and 204,600 DAI stablecoins. Earlier, Blast, based on Optimistic Rollup Layer2 network, announced the completion of a $20 million financing round, with participation from Paradigm, Standard Crypto, eGirl Capital, Mechanism Capital co-founder Andrew Kang, Lido strategic advisor Hasu, and The Block CEO Larry Cermak. It is reported that Blast was jointly created by Pacman, founder of Blur, and a team with rich experience in MakerDAO, MIT, Yale University, and Seoul National University.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Valhalla mainnet launch postponed, Floki cites auditors’ feedback
Lutnick’s Cantor wants to use Tether to support a $2 billion Bitcoin lending program
XRP, SOL and DOGE pare gains as Bitcoin retraces below $93k
Telegram’s crypto holdings rose to $1.3B in H1 2024: Report