What is Blast?
Blast is an Ethereum Layer 2 network with a revolutionary feature: native yield. Launched in early 2024 by the team behind Blur (the NFT marketplace), Blast automatically earns yield on ETH and stablecoins held on the network. This means your idle assets generate returns without requiring any DeFi interaction—yield is built into the chain itself.
The network operates as an optimistic rollup, similar to Arbitrum and Optimism, but with a key difference: bridged ETH is automatically staked through Lido, and stablecoins are deposited into T-Bill protocols like MakerDAO's DSR. This native yield accrues to all users, making Blast uniquely attractive for passive holders.
For active yield farmers, Blast compounds the opportunity: you earn native yield as a baseline, then layer DeFi strategies on top. The network also features an aggressive points program (Blast Gold and Blast Points) that distributes the BLAST token to active participants.
Understanding Blast Native Yield
How It Works
When you bridge assets to Blast:
ETH: Automatically staked via Lido (stETH) on Ethereum. The staking yield (~3-4% APY) accrues to your ETH balance on Blast. Stablecoins (USDB): Bridged stablecoins convert to USDB, Blast's native stablecoin. USDB earns T-Bill yield (~5% APY) from MakerDAO's DAI Savings Rate. Rebasing Mechanism: Your balances automatically increase as yield accrues. Check your wallet periodically to see growth.Native Yield Rates
| Asset | Source | Current APY | Mechanism |
|---|---|---|---|
| ETH | Lido Staking | 3-4% | Auto-rebasing |
| USDB | MakerDAO DSR | ~5% | Auto-rebasing |
This yield requires no action—it happens automatically for all assets on Blast.
Top Yield Opportunities on Blast
1. Thruster - Native DEX (10-50% APY + Points)
Thruster is Blast's leading DEX:
V2 Pools: Classic AMM pools for most pairs V3 Concentrated Liquidity: Capital-efficient positions Thruster Credits: Points program for additional rewards Popular Pools:- ETH/USDB: 15-30% APY + native yield + points
- BLAST/ETH: 25-50% APY + native yield + points
2. Juice Finance (15-40% APY)
Juice offers leveraged yield strategies:
Leveraged LP: Amplify Thruster yields Points Multiplier: Increased Blast Points earning Native Yield Pass-Through: Maintains native yield exposure3. Orbit Protocol (5-15% APY)
Orbit is Blast's lending market:
Supply Rates: Competitive lending yields USDB Markets: Enhanced rates for native stablecoin Points Earning: Blast Points for activity4. Hyperlock Finance (12-35% APY)
Hyperlock focuses on liquidity management:
veHYPE Model: Lock for voting power Concentrated Liquidity Vaults: Managed LP positions Bribe Markets: Additional incentives5. Fenix Finance (15-45% APY)
ve(3,3) model on Blast:
veFNX: Vote-locked governance Gauge Emissions: LP incentives Native Yield Integration: Stacking yields6. Particle Protocol (Variable APY)
Leveraged trading protocol:
Trading Liquidity: Earn from leveraged trades USDB Vaults: Stablecoin yield strategies Points Programs: Multiple reward streamsBlast Points System
Blast distributes tokens through an aggressive points program:
Blast Points
Earned by:
- Holding ETH/USDB on Blast (base accrual)
- DeFi activity multipliers
- Referral bonuses
Blast Gold
Distributed to:
- Dapp developers based on TVL
- Redistributed to users by protocols
Maximizing Points
Hold ETH/USDB: Base point accrual for assets Use Dapps: Activity multipliers from protocols Early Participation: Higher allocation potential Diversify: Multiple protocols for various Gold allocationsHow to Get Started on Blast
Step 1: Bridge to Blast
Official Bridge (blast.io/bridge):- Ethereum to Blast: 10-15 minutes
- Blast to Ethereum: 14-day withdrawal (optimistic rollup)
- ETH converts to rebasing ETH, USDC/DAI to USDB
- Orbiter Finance: Faster bridging
- LayerSwap: From exchanges
- Note: May not convert to native yield assets
Step 2: Configure Wallet
Add Blast to MetaMask:
- Network Name: Blast
- RPC URL: https://rpc.blast.io
- Chain ID: 81457
- Symbol: ETH
- Explorer: https://blastscan.io
Step 3: Watch Balances Grow
Your ETH and USDB balances will increase automatically from native yield. No action required.
Step 4: Layer DeFi Strategies
For additional yield, deploy assets to Thruster, Orbit, or other protocols. You'll earn:
- Native yield (baseline)
- Protocol yields (APY)
- Points/tokens (incentives)
Best Protocols on Blast
| Protocol | Type | TVL | Typical APY | Plus Native Yield |
|---|---|---|---|---|
| Thruster | DEX | $200M+ | 10-50% | Yes |
| Juice | Leverage | $100M+ | 15-40% | Yes |
| Orbit | Lending | $80M+ | 5-15% | Yes |
| Hyperlock | DEX | $50M+ | 12-35% | Yes |
| Fenix | DEX | $40M+ | 15-45% | Yes |
| Particle | Perps | $30M+ | Variable | Yes |
Risks Specific to Blast
Centralization Concerns
Blast has faced criticism for:
- Multisig-controlled bridge (3/5 signatures)
- Centralized sequencer
- Team controls significant points allocation
Native Yield Dependencies
Native yield relies on:
- Lido smart contracts (ETH)
- MakerDAO DSR (stablecoins)
- If these protocols fail, native yield would be affected
14-Day Withdrawal Period
As an optimistic rollup:
- Withdrawals to Ethereum take 14 days
- Third-party bridges offer faster exits (with fees)
- Funds are locked during withdrawal period
Points Speculation
Points-based rewards carry risks:
- Final token value unknown
- Conversion rates not guaranteed
- Points inflation if program extended
New Ecosystem
Blast launched in 2024:
- Protocols are less battle-tested
- Smart contract risks
- Liquidity could migrate if incentives end
Maximizing Blast Yields
Stack All Layers: Native yield + DeFi APY + points Hold USDB: 5% native yield is competitive for stablecoins Early Protocol Adoption: New Blast protocols often have generous incentives Track Points: Monitor allocation across dapps Plan Withdrawals: Account for 14-day waiting periodFAQ
What is native yield on Blast?Native yield is automatic interest on ETH and USDB held on Blast. ETH earns Lido staking rewards (~3-4%), USDB earns MakerDAO savings rate (~5%). No action required—balances increase automatically.
Is Blast safe?Blast is an optimistic rollup with Ethereum security guarantees. However, the bridge is controlled by a 3/5 multisig, which is more centralized than some alternatives. Individual protocols carry additional smart contract risks.
How do I claim Blast Points?Points accrue automatically based on holdings and activity. Token claims will be enabled when the BLAST token fully launches. Check the Blast dashboard for your allocation.
What happens to my ETH on Blast?Your ETH is backed by stETH on Ethereum, earning Lido staking rewards. The yield is passed through to your Blast balance, which increases over time.
How long do withdrawals take?Official bridge withdrawals take 14 days (optimistic rollup challenge period). Third-party bridges offer faster exits for a fee.
Should I hold ETH or USDB on Blast?USDB currently offers higher native yield (~5% vs ~3-4% for ETH). However, ETH has price appreciation potential. Consider your risk tolerance and market outlook.
Ready to explore Blast yields? Fensory tracks native yield plus DeFi opportunities across the Blast ecosystem.[Discover Blast Yields on Fensory →](https://www.fensory.com)