隨著大肆炒作的 Layer 2 (L2) 經歷鏈上遷移，Blast 批評者取得了勝利

該鏈的每日活躍用戶 (DAU) 數量創下新低，約 30,000，比 Arbitrum 的 350,000 用戶低 91%，比 Optimism 的 65 用戶低 53%

Blast critics are celebrating a mass exodus from the hyped Layer 2 (L2) chain, which is now experiencing a daily active user (DAU) count at a new low.

Blast 批評者正在慶祝大肆宣傳的第 2 層 (L2) 鏈的大規模外流，該鏈目前的每日活躍用戶 (DAU) 數量創下新低。

According to DeFiLlama, Blast’s chain activity has dropped significantly, with roughly 30,000 daily active users, which is 91% lower than Arbitrum’s 350,000 users and 53% lower than Optimism’s 65,000.

根據 DeFiLlama 統計，Blast 的鏈上活躍度大幅下降，每日活躍用戶數約 3 萬，比 Arbitrum 的 35 萬用戶低 91%，比 Optimism 的 6.5 萬用戶低 53%。

Blast’s total value locked (TVL) is also down over 60% from its all-time high of $2.3 billion on June 5, now sitting at $875 million.

Blast 的總鎖定價值 (TVL) 也較 6 月 5 日創下的 23 億美元歷史高點下降了 60% 以上，目前為 8.75 億美元。

Adding insult to injury, Blast is also losing some of its community to competitors. PacMoon, the largest memecoin on Blast, recently announced its migration to Solana. The move comes as Pacmoon’s PAC token is down over 80%, falling to a $4 million market capitalization from its June highs of $23 million.

雪上加霜的是，Blast 還失去了一些社群給競爭對手。 PacMoon 是 Blast 上最大的迷因幣，最近宣布遷移到 Solana。此舉發生之際，Pacmoon 的 PAC 代幣下跌了 80% 以上，市值從 6 月的高點 2,300 萬美元跌至 400 萬美元。

"We think that tokens, community, and culture are what make a blockchain successful. However, Blast never focused on that. In fact, they created a system where native tokens on Blast are actively disincentivized and they provided zero social support," PacMoon team member Lamboland wrote on social media.

「我們認為代幣、社群和文化是區塊鏈成功的因素。然而，Blast 從未關注過這一點。事實上，他們創建了一個系統，其中Blast 上的原生代幣被積極抑制，並且他們提供了零社會支持，」PacMoon 團隊成員蘭博蘭在社交媒體上寫道。

The BLAST token has also seen better days. After reaching a fully diluted valuation of $2.9 billion on its opening day, the token price is down 63% from its high.

BLAST 代幣也經歷了更好的日子。開盤當天，其完全攤薄估值達到 29 億美元，之後代幣價格較最高點下跌了 63%。

Blast’s top decentralized applications (dApps) have also felt the brunt of the ecosystem's downturn. The TVL of Thruster, the top decentralized exchange (DEX) on Blast, dropped 54% since its June 26 airdrop, moving from $457 million to $208 million.

Blast 的頂級去中心化應用程式 (dApp) 也受到了生態系統低迷的衝擊。 Blast 上排名第一的去中心化交易所 (DEX) Thruster 的總鎖定價值自 6 月 26 日空投以來下降了 54%，從 4.57 億美元降至 2.08 億美元。

According to TokenTerminal, Thruster’s daily active users also dropped to as few as 1,500 DAU on Aug. 11, down from fluctuating between 8,000 and 15,000 during May and June.

根據 TokenTerminal 的數據，Thruster 的每日活躍用戶數也從 5 月和 6 月期間的 8,000 至 15,000 人之間的波動水準降至 8 月 11 日的 1,500 人。

The Blast team did not immediately respond to The Defiant’s request for comment.

Blast 團隊沒有立即回應 Defiant 的置評請求。

Airdrop Incentives Take Their Toll

空投激勵措施造成了損失

During its pre-token generation event (TGE) period, Blast was one of the most anticipated airdrops in DeFi, alongside LayerZero and ZkSync, with many farmers calling for a $10 billion valuation. After it opened at far below expectations, most farmers did not hesitate to dump their allocations.

在代幣生成前活動（TGE）期間，Blast 與 LayerZero 和 ZkSync 一樣，是 DeFi 領域最受期待的空投之一，許多農民呼籲估值達到 100 億美元。在開盤價遠低於預期後，大多數農民毫不猶豫地拋售了他們的配置。

The Blast ecosystem’s harsh drawdown is indicative of DeFi’ الكبيرs' mercenary airdrop farming scene. As shown by many of its predecessors, when incentives dry up, the fallout can be intense.

Blast 生態系的嚴重縮減顯示了 DeFi 的唯利是圖的空投農業場景。正如許多前任所表明的那樣，當激勵措施枯竭時，後果可能會很嚴重。

But there’s also hope for recovery.

但也有康復的希望。

Arbitrum experienced a similar phenomenon after its airdrop event in March of 2023, albeit on a delayed timeline.

Arbitrum 在 2023 年 3 月的空投活動後也經歷了類似的現象，儘管時間有所延遲。

Shortly after the ARB TGE, Arbitrum reached a TVL of $2.4 billion, which plummeted 36% to $1.6 billion over the next 4 months. Arbitrum’s daily users fell by as much as 65% to a low of 82,000 in October 2023 from roughly 250,000 daily users at the end of April 2023 users.

ARB TGE 後不久，Arbitrum 的 TVL 達到 24 億美元，在接下來的 4 個月內暴跌 36% 至 16 億美元。 Arbitrum 的每日用戶數量從 2023 年 4 月底的約 25 萬每日用戶下降到 2023 年 10 月的 8.2 萬低點，下降了 65%。

After the post TGE shakeout period, Arbitrum went on to solidify its place as the number one L2 by TVL with $2.7 billion, a 62% increase from its low. It is currently 44% larger than its closest competitor, Base.

經過 TGE 洗牌期後，Arbitrum 以 27 億美元的收入繼續鞏固其作為 TVL 排名第一的 L2 的地位，較最低點增長了 62%。目前它比最接近的競爭對手 Base 大 44%。

While chain metrics may not indicate it, Blast’s season 2 of airdrop farming is still ongoing. Season 2 is expected to conclude in June 2025, and features points and gold similar to its season 1.

雖然連鎖指標可能沒有表明這一點，但 Blast 的第二季空投挖礦仍在進行中。第二季預計將於 2025 年 6 月結束，積分和黃金與第一季類似。