service outage

Blast Shuts Down Layer 2, Directs Users to Recovery Site

11Importance
closedStatus
2News media
2Pieces
Published
Updated
Since then
1 new report

Blast shut down its Ethereum layer-2 network on Nov. 4 and put up a recovery website for users with remaining funds. The latest DefiLlama reading also showed bridge assets at $6.51 million, far below the Oct. 26 level.

Key claims & sources

✓
DefiLlama’s latest daily reading puts bridge assets at $6.51 million.
✓
That reading was about 84% below the level reported on Oct. 26.
✓
Blast took down its Ethereum layer-2 network on Nov. 4 and opened a recovery website for users with remaining funds.
✓
Claims remain open for one year, through Nov. 4, 2027.

What it means

Blast is an Ethereum layer-2 network, so its shutdown touches a system that users would have used to move activity away from Ethereum mainnet while still staying linked to it. The Nov. 4 move also came with a recovery site and a one-year claims window that runs through Nov. 4, 2027. That gives holders of balances tied up in Blast a defined process rather than an open-ended wait, and it points them back to Ethereum mainnet for settlement.

Users who still have value left in Blast wallets, pending withdrawals or Blast Mobile now have to use the recovery path instead of the live network. For builders, the closure means any activity tied to Blast’s L2 environment no longer has the same operating setting it had before Nov. 4. The recovery deadline also makes timing part of the user experience, since claims do not stay open indefinitely.

A layer-2 shutdown is notable because these networks are often presented as long-running infrastructure, not temporary products. Blast ending its network while bridge assets sit at $6.51 million shows how quickly usage can change around a single venue. The tension here is between scaling systems that extend Ethereum and the fragility of the specific networks built on top of it, especially when users depend on bridges and contract-based recovery.

Market reaction i

BlastBLAST it is the asset of the company or protocol in the event

We only have 0 data points in that window. The series is stored every half hour, so newer events will have it. Computing it from two points would not be a reaction, it would be a coincidence.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Nov 4 15:41
The Defiant scoop
Breaks the event: $6.5M
+5 h 29 m
Nov 4 21:10
CR Cryptopolitan context
Its angle: designating, withdrawal, remaining; with quotes

Other recent incidents

WhenWhat happenedFigure
2 days ago Degen Coin Flip · Smart contract vulnerability incident $10k
3 days ago FLOKI Trading Bot incident no figure in dollars
3 days ago TENDRIL · Swap Logic Flaw incident $550k
3 days ago $TENDRIL · Smart contract vulnerability incident $555k
5 days ago InsurancePool/CoreVault · Flash loan attack incident $112.3k

4285 incidents stored