Blast has reached the cutoff for its standard withdrawal interface, but roughly $40.41 million in assets remained unwithdrawn on its official Ethereum mainnet bridge at the time of publication. That figure was down about 36% from roughly $63.5 million on Oct. 2, when Blast said it would begin winding down the Layer 2 network. The project said at the time that operating costs had exceeded revenue and that it did not see a credible path to economic sustainability. Blast had previously told users that withdrawals would still be possible after Oct. 26, though no longer through the regular website interface. Instead, users would need to interact directly with the bridge contract on Ethereum. As of publication, the Blast website still showed a withdrawal entry point along with a notice that the network was being phased out. Blast has also published contract-level withdrawal guides for ETH, USDB and BLAST, covering the process of initiating a withdrawal on Blast, waiting for the state record tied to the transaction to be posted to Ethereum, submitting a withdrawal proof through the OptimismPortal contract, and then executing the final confirmation transaction after a one-day challenge period.
Blast has reached the deadline for its standard withdrawal interface, with about $40.41 million in assets still pending withdrawal on its official Ethereum mainnet bridge, according to Odaily. That was down about 36% from roughly $63.5 million on Oct. 2.
On Oct. 2, Blast said it would gradually shut down the Layer 2 network. The project said operating costs had exceeded revenue and that there was no credible path to economic sustainability.
Blast had previously said users would still be able to withdraw assets after Oct. 26, but they would no longer be able to use the regular website interface. Instead, they would need to interact directly with the bridge contract on Ethereum.
At the time of publication, the Blast website still displayed a withdrawal entry point and a notice that the network was being phased out. Blast has published contract-level withdrawal guides for ETH, USDB and BLAST.
The process includes initiating a withdrawal on the Blast network, waiting for the transaction’s corresponding state record to be submitted to Ethereum, submitting a withdrawal proof through the OptimismPortal contract, and executing the final confirmation transaction after a one-day challenge period.
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