Blast to Shut Down Layer 2, Citing Unsustainable Costs
About $63.5 million remains locked in Blast’s canonical bridge. Users can withdraw via the platform’s normal interface through Oct. 26; after that date, withdrawals will still be possible but only through contract-based methods.
Why It Matters
The withdrawal deadline and remaining bridge balance determine how quickly users must act to retrieve funds and how custody of those assets will be handled after the interface closes, affecting user access and recovery procedures.
Key Facts
- Amount remaining in canonical bridge: $63.5 million
- User withdrawal deadline via normal interface: Oct. 26
- Post-deadline withdrawal method: Contract-based withdrawals will continue after Oct. 26
- Source material: Excerpt provided by user (announcement details)
Blast says roughly $63.5 million remains in its canonical bridge. The platform has set Oct. 26 as the last day users can withdraw funds using the normal web interface. After that date, users will still be able to retrieve assets, but only by interacting directly with withdrawal contracts rather than through the standard front-end.
The announcement does not provide additional technical details in the excerpt about the contract-based withdrawal process, such as ABI, recommended wallets, or gas considerations. Users who do not withdraw through the interface before the deadline should be prepared to use direct contract calls to recover funds.
No further timeline or reasons are included in the provided text regarding the bridge balance or the change in withdrawal method. Users holding funds in the canonical bridge should act before Oct. 26 if they prefer the platform’s normal withdrawal flow and should seek technical guidance for contract-based withdrawals if needed afterward.
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