Blast is an Ethereum Layer 2 with native yield for ETH and stablecoins, backed by Paradigm and Standard Crypto. It redistributes ETH staking rewards and T-bill yields directly to users and dApp developers, creating a yield-generating L2 ecosystem.
Blast (BLAST) launched its token on Jun 26, 2024 on the Blast L2 blockchain. The total supply is 100.00B BLAST tokens, of which 49.2% (49.25B) have been unlocked to date. 50.75B BLAST tokens remain subject to vesting schedules. The next scheduled unlock event is on Aug 26, 2026, releasing 683.3M tokens (0.68% of supply) from the Reserve allocation, valued at approximately — at current prices.
When is the next BLAST token unlock?
The next BLAST unlock is scheduled for Aug 26, 2026, in 30 days. 683.3M tokens (0.68% of total supply) from the Reserve allocation will be released.
What percentage of BLAST is still locked?
50.8% of the total 100.00B BLAST supply — equivalent to 50.75B tokens — remains locked in vesting contracts. The remaining 49.2% (49.25B tokens) has already been released since the TGE on Jun 26, 2024.
How does Blast's vesting schedule work?
Blast uses a multi-tranche vesting structure with 4 allocation categories. Tokens are distributed over time using linear monthly vesting, often with an initial cliff period before the first release. The largest tranches are: Airdrop (17.0%), Foundation (41.0%), Core Contributors (25.5%).