Blast vs Spell Token — how do they compare? Blast trades at Rp6.23 (market cap Rp404,74M, Rp811,88M 24h volume), while Spell Token trades at Rp1.62 (market cap Rp315M, Rp214,13M 24h volume). The key difference: Blast is the larger of the two by market cap, and Blast's supply is capped (65,3B / 100B BLAST (66%)) while Spell Token's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Blast for 25 Days and Spell Token for 43 Days on average.
| BLAST | SPELL | |
|---|---|---|
Market Cap | Rp404,74M | Rp315M |
Volume (24h) | Rp811,88M | Rp214,13M |
Circulating Supply | 65,3B / 100B BLAST (66%) | 195,2B SPELL |
Typical Hold Time | 25 Days | 43 Days |
What Pluang investors did over the last 30 days
Blast is the only Ethereum Layer 2 that offers native yield for ETH and stablecoins, sourced from ETH staking and Real-World Asset (RWA) protocols. Unlike other L2s with a default interest rate of 0%, Blast offers 3.4% yield for ETH and 8% for stablecoins. Additionally, Blast provides builders with native yield and gas revenue sharing, allowing for the creation of more competitive products and business models compared to other blockchains.
Read more on BLAST →Spell Token is a reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). SPELL token can be farmed by providing liquidity in one of the different pools. SPELL can also be staked, and staked tokens accrue a share of the platform fees (interest, borrowing fees, and 10% of the liquidation fee for certain markets), which auto-compound.
Read more on SPELL →