How to Create a Token on Blast, the Chain That Pays Yield by Default
Most guides on how to create a token on Blast skip the only thing that makes the chain interesting. ETH and stablecoins held on Blast earn yield natively, without staking them anywhere, which quietly changes the maths on everything you leave sitting there.
Creating the token itself takes a couple of minutes and no code at all. The choices that stick are the ones about what the contract may do afterwards, and most of them cannot be added once it is deployed.
Here is the full run: the deployment, every option in the tool, what you pay, and what the yield model means once your liquidity is on the chain.
What Blast changes
Blast is an Ethereum Layer 2, so what you deploy is an ordinary ERC-20 that behaves exactly like one anywhere else in the EVM world. Wallets, explorers and DEXs need no special handling for it.
The difference is underneath. Balances in ETH and stablecoins accrue yield by default rather than lying dormant, which is unusual: on most chains idle capital is simply idle. For a token project the practical effect lands on the treasury and on whatever you commit to a pool, since that capital is no longer doing nothing while it waits.
That is a reason to choose the chain, not a substitute for a project. Yield on the ETH side of a pool does not make a token worth holding, and it is worth being straight about that with your community.
What you need first
- A wallet on Blast, any EVM wallet will do.
- ETH on Blast to cover the flat fee and gas.
- Your name, ticker and supply settled before you open the tool.
How to create a token on Blast step by step
This runs entirely inside the Blast Token Creator from Smithii.
- Connect your wallet and confirm the network shows Blast.
- Enter the name and symbol. These follow the token everywhere it gets indexed.
- Set decimals and supply. Eighteen decimals unless you have a reason otherwise, and the supply arrives whole in your wallet.
- Choose the optional features covered in the next section.
- Create Token, check the total, sign.
The token exists from that confirmation onwards, and the supply is already yours. You can pull the address straight from the transaction, or find it later with our guide to finding a token contract address.
Every option in the tool
Nothing here is required to ship a working token. Enable what your launch has a use for and leave the rest, because each one is visible in the contract and several are permanent.
- Transaction Fee (free). Takes a percentage from each buy and sell and shares it across as many as 10 wallets on your terms. Costs nothing to enable and the percentage stays editable afterwards.
- Deflation (0.015 ETH). Diverts part of that fee into a permanent burn, so the supply thins as trading picks up.
- Reflection (0.015 ETH). Diverts it to holders instead, paid automatically to anyone above a minimum balance.
- Burnable (0.01 ETH). Destroys tokens whenever you decide to, which is how announced burns actually work.
- Mintable (0.01 ETH). Leaves the door open to more supply later, owner only. Incompatible with claiming a hard cap.
- Pausable (0.01 ETH). Halts every transfer and trade. Reach for it when something in the pool is going wrong and you need time.
- Anti-Bot (0.01 ETH). Caps the token at one trade per block, dismantling the mechanics snipers depend on.
- Anti-Whale (0.01 ETH). Limits trade size, spacing between trades and total holdings per wallet, for as many days as you set.
- Blacklist (0.01 ETH). Removes trading rights from addresses you name.
- Multi-Wallet Distribution (0.01 ETH). Sends the supply to as many as 10 wallets during creation, so allocations are done before launch.
- DEXTools socials and banner (0.15 ETH). Publishes links, logo and banner to DEXTools from the tool.
- Create a liquidity pool (0.01 ETH). Opens the pool against ETH inside the same run, showing the opening price first.
What you pay
The deployment is 0.03 ETH plus Blast gas. Options carry their own fees on top, which means a plain token costs the flat fee and nothing more. The tool adds everything up on screen before you approve.
Opening a market
A token without a pool has no price at all. It transfers, it airdrops, and it cannot be bought.
If the pool option was not part of your run, our guide to creating a liquidity pool on Blast covers doing it separately. Size it against the trades you actually expect rather than a round number, because depth is what decides how violently an ordinary buy moves the chart. When it is time to unwind, removing liquidity on Blast explains the exit.
Once it is live
- Get it into hands with a proper distribution: how to make an airdrop on Blast.
- Watch who holds it through a snapshot of holders on Blast.
- Apply for listings, free in both cases: CoinMarketCap and CoinGecko. Applications land better with real trading behind them.
If the project is a meme coin, the running order changes and how to create a meme coin on Blast is the better starting point.
Ownership and safety
The connected wallet owns the contract the moment it deploys. The tool never holds it, never holds your tokens, and never needs a seed phrase or private key from you.
External security firms have reviewed the contracts behind the tool. That says nothing about the permissions you chose to leave switched on, which is the part holders will judge you for.
FAQ
How much does it cost to create a token on Blast?
0.03 ETH plus Blast gas. Each optional feature adds its own fee from 0.01 ETH, and the tool shows the running total before you approve.
What makes Blast different from other L2s?
Native yield. ETH and stablecoins held on Blast accrue by default rather than sitting idle, which changes the economics of anything you park on the chain, liquidity included.
Do I need to code anything?
No. There is no Solidity, no compiler and nothing to install. The tool collects the token details and one approval deploys it.
Can I add a logo during creation?
Not as a field, because an ERC-20 does not hold images. The DEXTools option publishes your logo, banner and channels from inside the tool instead.
Which choices cannot be undone?
Burnable, mintable, pausable, the trading limits and the blacklist are all set at deployment. The transaction fee percentage is the one thing you can still change.
Is my token tradeable straight away?
Not until there is a pool. A fresh token transfers and airdrops fine, but without liquidity there is no price and no way to buy it.
Conclusion
Blast gives you a standard ERC-20 on a chain where idle ETH and stablecoins are not idle. The token takes minutes and no code, and the contract belongs to whichever wallet signs for it.
Spend your time on the choices that cannot be reversed instead: what the contract may still do, how the supply is split and how the first hour of the pool is protected. Native yield is a good reason to pick a chain and a poor reason to buy a token, and your community will know the difference.
Crypto writer focused on the Web3 space. Former contributor to the Smithii editorial team.
