随着大肆炒作的 Layer 2 (L2) 经历链上迁移，Blast 批评者取得了胜利

该链的每日活跃用户 (DAU) 数量创下新低，约为 30,000，比 Arbitrum 的 350,000 用户低 91%，比 Optimism 的 65 用户低 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 批评者正在庆祝大肆宣传的第 2 层 (L2) 链的大规模外流，该链目前的每日活跃用户 (DAU) 数量创下新低。

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.

据 DeFiLlama 统计，Blast 的链上活跃度大幅下降，日活跃用户数约为 3 万，比 Arbitrum 的 35 万用户低 91%，比 Optimism 的 6.5 万用户低 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 的总锁定价值 (TVL) 也较 6 月 5 日创下的 23 亿美元历史高点下降了 60% 以上，目前为 8.75 亿美元。

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 还失去了一些社区给竞争对手。 PacMoon 是 Blast 上最大的模因币，最近宣布迁移到 Solana。此举发生之际，Pacmoon 的 PAC 代币下跌了 80% 以上，市值从 6 月份的高点 2300 万美元跌至 400 万美元。

"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.

“我们认为代币、社区和文化是区块链成功的因素。然而，Blast 从未关注过这一点。事实上，他们创建了一个系统，其中 Blast 上的原生代币被积极抑制，并且他们提供了零社会支持，”PacMoon 团队成员兰博兰在社交媒体上写道。

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 代币也经历了更好的日子。开盘当天，其完全摊薄估值达到 29 亿美元，之后代币价格较最高点下跌了 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 的顶级去中心化应用程序 (dApp) 也受到了生态系统低迷的冲击。 Blast 上排名第一的去中心化交易所 (DEX) Thruster 的总锁定价值自 6 月 26 日空投以来下降了 54%，从 4.57 亿美元降至 2.08 亿美元。

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.

根据 TokenTerminal 的数据，Thruster 的日活跃用户数也从 5 月和 6 月期间的 8,000 至 15,000 人之间的波动水平降至 8 月 11 日的 1,500 人。

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

Blast 团队没有立即回应 Defiant 的置评请求。

Airdrop Incentives Take Their Toll

空投激励措施造成了损失

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.

在代币生成前活动（TGE）期间，Blast 与 LayerZero 和 ZkSync 一样，是 DeFi 领域最受期待的空投之一，许多农民呼吁估值达到 100 亿美元。在开盘价远低于预期后，大多数农民毫不犹豫地抛售了他们的配置。

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 生态系统的严重缩减表明了 DeFi 的唯利是图的空投农业场景。正如许多前任所表明的那样，当激励措施枯竭时，后果可能会很严重。

But there’s also hope for recovery.

但也有康复的希望。

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

Arbitrum 在 2023 年 3 月的空投活动后也经历了类似的现象，尽管时间有所延迟。

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 后不久，Arbitrum 的 TVL 达到 24 亿美元，在接下来的 4 个月内暴跌 36% 至 16 亿美元。 Arbitrum 的每日用户数量从 2023 年 4 月底的约 25 万每日用户下降到 2023 年 10 月的 8.2 万低点，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.

经过 TGE 洗牌期后，Arbitrum 以 27 亿美元的收入继续巩固其作为 TVL 排名第一的 L2 的地位，较最低点增长了 62%。目前它比最接近的竞争对手 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.

虽然连锁指标可能没有表明这一点，但 Blast 的第二季空投挖矿仍在进行中。第二赛季预计将于 2025 年 6 月结束，积分和黄金与第一赛季类似。