More than $2.1 billion has been locked on the Blast protocol as users eagerly await an airdrop slated for May.
Ethereum layer-2 network Blast has crossed $2.1 billion in total value locked (TVL) just days ahead of its newly announced mainnet launch — slated for the end of this month.
According to data from DefiLlama, Blast’s TVL currently stands at $2.1 billion, up more than 2,200% from when its bridging protocol first went live on Nov. 22.
The vast majority of the locked value comes from hopeful airdrop hunters, who have locked their Ethereum in the protocol to farm a future airdrop of the Blast token, which the protocol’s team says is coming sometime in May.
