The Blast network has gone down and no blocks have been produced since around 14:05 GMT, according to a Blast block explorer. 

"The Blast Mainnet has stopped producing blocks due to issues related to Ethereum’s Dencun upgrade," the project posted on X. "Core engineering contributors are working on a fix. We’ll share an update and post-mortem once the fix is live (eta 30-60 min)."

The Blast network is an experimental Layer 2 network built on top of Ethereum that offers native yield on assets. The total value locked in smart contracts on the network — or contained in its Ethereum multi-sig wallet — is around $2.96 billion, according to L2 Beat.

A number of protocols have been built on Blast, or expanded to it, including Orbit Protocol, Ring Protocol and and Pac Finance.

Disclaimer: …