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Citizen DeFi Play: Blast Mobile

Blast Mobile's eye-watering APYs pin your dreams to a BLAST comeback.

Jack Inabinet
Jan 30, 2025 • 3 min read

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Crypto Twitter has been buzzing with critiques over Ethereum L2 Blast’s lackluster mobile app launch, but with an advertised 79% APY on USD, the tool is serving up some of the juiciest stablecoin yields available!

Today, we’re unpacking Blast Mobile to better understand the risk and reward profile of this brand new onchain yield opportunity! 👇

Blast is an Ethereum L2 built around the concept of “onchain rewards,” a unique focal point that its developers hoped would be a competitive edge to outpace rivals.

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Written by Jack Inabinet

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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.