According to DeBank data on November 29th, the contract address of Blast, a Layer 2 network launched by Pacman, the founder of Blur, currently holds assets worth more than $600 million. Among them, $524 million worth of ETH is deposited in the Lido protocol, and $78.61 million worth of DAI is deposited in the Maker protocol.

According to DeFilama data, Blast's current TVL exceeds $570 million, reaching $572.9 million, with a TVL growth rate of over 600% in the past week.

Paradigm, a crypto venture capital firm and seed investor in Blast, has criticized the startup's marketing strategy for its protocol, claiming that it "crossed lines in both messaging and execution." The head of research at Paradigm, Dan Robinson, expressed disagreement with Blast's decision to launch a bridge before its layer-2 network and to not allow withdrawals for three months. Despite the criticism, Robinson acknowledged that Blast's team is made up of "world-class builders" with the ability to build great products. Blast has faced controversy over its launch, including concerns about centralization and lack of withdrawal functionality, but has still amassed over $555 million in total value locked since its launch.

Dan Robinson, research director of Paradigm, said that Blast's controversial release "crosses both in terms of message transmission and execution." Standard Crypto disagrees with Blast's decision to launch a bridge before the L2 network and prohibit withdrawals within three months, which sets a bad precedent for other projects. We also believe that many marketing activities have reduced the value of a serious team's work. But when developing Blend with Roquerre (aka Pacman) and his co-founders, I personally witnessed their outstanding technical talents. We still believe that they are world-class builders who can provide L2 that brings value to the ecosystem.

According to DeBank data on November 25th, the contract address of Blast, a Layer 2 network created by Pacman, founder of Blur, currently holds assets worth more than $500 million. Of this, $439 million worth of ETH is deposited in the Lido protocol, and $61.81 million is deposited in the Maker protocol.

According to BlockBeats news on November 25th, the Aevo platform's BLAST futures price exceeded $3.7 and is currently priced at $3.782, with a growth rate of over 200% since its launch.

Scopescan monitoring shows that a whale address starting with 0x59a6 has deposited 15,000 stETH (approximately $31.52 million) into Blast in the past 17 hours, becoming the largest depositor on the Blast bridge.

Seraphim, Growth Manager of Ethena Labs and former Expansion Manager of Lido DeFi, stated on X platform: "In response to inquiries, I hereby state that I have no economic interests in Blast. The projects I have participated in are listed in my personal resume, and everything else is just observation and ideas."

According to Blast's explanation of the multi-signature security issue, Slow Fog founder Yu Xian commented on X platform: "I have never seen such a funny security explanation. A future L2 with only smart contracts is compared with those real L2 multi-signature security models... Originally, many security personnel (including me) raised concerns about Blast's excessive permissions, just to remind players to be aware of the risks. The objective fact is that we acknowledge it, but there is no need to come up with such a funny security explanation."

On November 25th, Pacman, the founder of Blur and Blast, responded to many comments by stating that Blast's revenue comes from legitimate platforms such as Lido and MakerDAO. Lido's revenue comes from Ethereum staking rewards, while MakerDAO's revenue comes from on-chain treasury bills.