Blast chain TVL plummeted by 97.7%, dropping from $2.5B to $57M



This drop is truly outrageous—Blast, which was booming at the start of the year, now has a total value locked on-chain of $57.09M, having been halved several times from its peak. The 24-hour yield is -73%, the Blackbird token's market cap is barely holding at $51.47M, and DEX daily trading volume is only around $4.6M.

It only took a few months to go from booming to silent. The cyclical nature of the DeFi ecosystem really comes on strong.
BLAST0.56%
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