Blast will shut down the L2 network, and users must withdraw assets before October 26, 2026

Blast announced that it will gradually shut down the L2 network due to maintenance costs exceeding revenue and an unsustainable economic model. Blast requires users to extract assets to the Ethereum mainnet. Users can extract assets through the regular interface until October 26, 2026, and then directly interact with the Blast Bridge contract on Ethereum L1. Blast will shorten the extraction waiting time to 24 hours, but the extraction function will be temporarily disabled during the processing of Lido asset exits.