Blast announces the closure of its Layer 2 network, users can withdraw remaining assets within the next 12 months.
Original headlineBlast 宣布关闭其 Layer 2 网络,用户可在未来 12 个月内提取剩余资产
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Blast has officially shut down its Layer 2 network, with users given a 12-month window to withdraw any remaining ETH or USD held in Blast L2 wallets, pending withdrawals, or Blast Mobile. The asset recovery portal at blast.io will remain open until November 4, 2027, as the final supported date. The closure marks the end of a once high-profile L2 that attracted billions in deposits through its native yield model, and shifts the burden onto users to reclaim funds before the deadline. What to watch next is whether the recovery site stays operational without disruption and whether residual value is fully withdrawn before the cutoff.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Blast, ETH (ETH), USD
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