Thruster V2 Fee & Slippage Calculator
Calculate Your Trade Costs
Estimate fees and slippage for your Thruster V2 transaction compared to alternatives
Thruster V2 (0.3%) isnât just another crypto exchange. Itâs a relic. A quiet, fading tool built for one purpose: letting early adopters swap Blast-native tokens with a flat 0.3% fee. And as of November 2025, itâs barely hanging on.
What Thruster V2 Actually Is
Thruster V2 is a decentralized exchange (DEX) running on the Blast blockchain. That means no KYC, no middleman, no bank account needed. You connect your wallet-usually MetaMask-and trade directly with liquidity pools. Itâs simple by design. No order books. No margin trading. No staking. Just swap one token for another on Blast.
It supports around 14 tokens, mostly early-stage Blast projects. The most traded pair? WETH/USDB. It accounts for over 70% of all volume. Everything else? Thin. You might find yourself waiting minutes for a trade to fill, or seeing slippage jump to 5% or more on smaller tokens. Thatâs not a glitch-itâs the reality of low liquidity.
Unlike centralized exchanges like Binance or Coinbase, you hold your own keys. Thatâs good if you know what youâre doing. Itâs dangerous if you donât.
How It Works (And Why Itâs Hard for Beginners)
Using Thruster V2 isnât plug-and-play. You canât just sign up and start trading. First, you need Blast-native ETH or USDB. That means bridging from Ethereum or another chain. The official Blast bridge is clunky. CryptoSlate tracked a 22% failure rate for first-time users trying to move assets over. One wrong step, and your funds get stuck.
Then you need to add token contracts manually. If a token isnât pre-loaded in the interface, you have to paste its contract address. No search bar. No auto-detect. Just raw hex strings. One typo, and you could send money to a dead contract.
Even after you get past that, the interface doesnât show real-time charts. No candlesticks. No indicators. No price alerts. Youâre trading blind unless you open a separate site like TradingView. And transaction confirmations? They can take 30 to 60 seconds during peak hours. Thatâs slow for a Layer-2 chain.
DeFi Education Project rates Thruster V2 a 7.2 out of 10 in difficulty. For comparison, Uniswap is a 5.5. Youâre not just learning to trade-youâre learning blockchain mechanics on the fly.
The 0.3% Fee: Competitive or Overpriced?
Thruster V2 charges 0.3% per trade. Thatâs standard for many DEXs. But hereâs the catch: itâs not the lowest on Blast.
Thruster v3, its successor, offers lower fees on certain pairs. MM Finance on Arbitrum charges 0% for makers. Even some centralized exchanges offer 0.1% or less for high-volume traders. So why 0.3%? Because Thruster V2 doesnât need to compete on price. It competes on exclusivity.
For someone holding early Blast tokens with nowhere else to trade, 0.3% might feel fair. But if youâre swapping WETH for USDB, youâre better off on a larger DEX with deeper liquidity and lower slippage. The fee is the least of your worries.
Why Thruster V2 Is Dying
Trading volume on Thruster V2 hovers around $8,000 a day. Thatâs less than 0.0007% of Uniswapâs daily volume. In crypto terms, thatâs microscopic.
Compare that to Thruster v3, which now handles 73% of all Blast DEX volume. Thruster v3 has concentrated liquidity pools, stablecoin swaps, and even reward systems like Treasure tickets. Thruster V2? Itâs stuck in 2023. No upgrades. No new features. Just a static interface running on outdated code.
The Blast Foundation confirmed in November 2025 that all development has shifted to v3. Thruster V2 is scheduled for deprecation in Q1 2026. That means no bug fixes. No security patches. No support. If something breaks, youâre on your own.
Experts are blunt. Dr. Elena Rodriguez from Delphi Digital says single-chain DEXs under $100k daily volume âface existential challenges.â Thruster V2 hasnât hit $100k in months. Nansen data shows 82% of its users are speculative traders making 5+ trades a day. No institutions. No whales. No long-term holders. Just short-term noise.
Who Should Use It (And Who Should Avoid It)
Thereâs only one real use case for Thruster V2 right now: youâre an experienced DeFi user who holds a Blast-native token that isnât listed anywhere else. And you need to trade it quickly.
If youâre trying to swap USDB for WETH? Use a better DEX. If youâre holding some obscure Blast token with $500 in liquidity? Maybe Thruster V2 is your only option.
But if youâre new to crypto? Donât touch it. The learning curve is brutal. The documentation is nonexistent. The support is nonexistent. One mistake could cost you hundreds-or thousands-of dollars.
Even experienced traders are moving on. Reddit user âBlastMaxiâ said: âFor quick swaps of Blast-native tokens, nothing beats the barebones efficiency.â But thatâs the only praise youâll find. Most reviews are complaints about slippage, failed bridges, and confusing interfaces.
The Bigger Picture: Why This Matters
Thruster V2 isnât just a bad exchange. Itâs a warning sign.
It shows how quickly the DeFi ecosystem moves. Projects launch, attract early users, then get replaced within months. What felt revolutionary in 2024 feels obsolete in 2025. Thruster v3 didnât just add features-it added survival.
And this isnât unique to Blast. Every new Layer-2 chain has its own Thruster V2. A simple DEX that serves a temporary need. Then it vanishes.
If youâre investing in new chains, ask yourself: Is this a tool Iâll use for years? Or a temporary bridge to something better? Thruster V2 is the latter. And itâs already on its way out.
Final Verdict
Thruster V2 (0.3%) is a dying tool for a fading niche. Itâs not evil. Itâs not a scam. But itâs not useful anymore.
Its only value is as a historical artifact-a snapshot of early Blast ecosystem development. If youâre holding a token only available here, you might need it. But if youâre looking for a reliable, efficient, or future-proof exchange? Look elsewhere.
Thruster v3 is the future. And even that might not last. The real winners? Multi-chain aggregators like 1inch or Matcha. They give you access to hundreds of DEXs, better prices, and lower risk. Thruster V2? Itâs a ghost.
Is Thruster V2 still operational in November 2025?
Yes, Thruster V2 is still operational as of November 2025, but itâs being phased out. The Blast Foundation confirmed all development has shifted to Thruster v3, and v2 is scheduled for deprecation in Q1 2026. No updates, patches, or support are being provided.
Can I use Thruster V2 without KYC?
Yes. Thruster V2 is a fully decentralized exchange. You connect your non-custodial wallet like MetaMask and trade without identity verification. This is a core feature for privacy-focused users-but also a major risk for beginners who lose access to their keys.
Why is my trade failing on Thruster V2?
Most failures come from one of three issues: insufficient liquidity on the trading pair (causing slippage rejection), incorrect token contract addresses, or failed asset bridging from Ethereum. The platform gives no clear error messages. Youâll need to check your transaction on Blastâs blockchain explorer to see why it reverted.
Is Thruster V2 safe to use?
Itâs as safe as any un-audited DeFi protocol. Thereâs no formal security audit published for Thruster V2. It runs on Blast, which inherits Ethereumâs security, but the code itself hasnât been reviewed by third parties. Your funds are at risk if thereâs a smart contract bug. Never deposit more than you can afford to lose.
Should I use Thruster V2 instead of Thruster v3?
No. Thruster v3 offers better liquidity, lower slippage, multiple AMM models, and active development. Thruster V2 is outdated, has less than 0.5% of Blast DEX volume, and will be shut down soon. If youâre trading on Blast, use v3. Thereâs no reason to stick with v2.
What wallets work with Thruster V2?
MetaMask is the most commonly used wallet. You must have it configured for the Blast network. Other compatible wallets include Rabby, Brave Wallet, and WalletConnect-enabled apps. You cannot use exchange wallets like Coinbase or Binance-they donât support Blast-native tokens.
Where can I find help if I get stuck?
There is no official support team. Help comes from unofficial sources: Redditâs r/blast_chain, Telegram groups, and CryptoSlate guides. Most users report that documentation is inadequate. If youâre not comfortable troubleshooting blockchain issues yourself, avoid Thruster V2 entirely.
Comments
Jenny Charland
lol this thing is dead đ i tried swapping my BlastToken and it took 10 mins and then failed. just use v3. why are people still here??
preet kaur
i understand why people still use it - some of us donât have access to better tools where we live. not everyone has fast internet or stable wallets. maybe itâs slow, but itâs honest.
Emily Michaelson
if you're holding an obscure Blast token with no other exchange support, v2 is your only lifeline. but if you're just swapping WETH/USDB? please go to v3 or even a centralized exchange. the slippage on v2 is insane and the interface gives zero feedback when things go wrong. it's not user-friendly - it's user-hostile.
Amanda Cheyne
theyâre shutting it down because the government is scared of decentralized finance. they know if people keep using tools like this, they lose control. theyâve been pushing v3 as a backdoor to KYC. donât trust the âupgradeâ. itâs a trap. the Blast Foundation is just a front for the Fed. iâve seen the documents.
Anne Jackson
why are we even talking about this? americans are still using this? we have better options everywhere. if youâre not using a real exchange, youâre just gambling with your life savings. this isnât innovation - itâs negligence. stop romanticizing broken tools. get with the program.
Matthew Prickett
i swear this platform is haunted. last week i sent 0.5 ETH to swap for some random token and the contract just... vanished. no error. no refund. just gone. i checked the chain 7 times. the address was correct. someone else had the same thing happen? or am i cursed?
Caren Potgieter
i came from south africa and i was so excited to try blast but wow this thing is rough. no help no guides just me and my wallet. but hey at least its free and i got my tokens through. maybe its not pretty but its mine
Jennifer MacLeod
v2 is a relic but i still use it for my BLAST-20 tokens because v3 doesnât support them yet. i donât care about the interface. i care about access. if you hate it dont use it
Linda English
I just want to say, for anyone whoâs feeling overwhelmed or confused by Thruster V2 - youâre not alone. The interface is intentionally minimal, yes, but that doesnât mean itâs hostile. Itâs just... unaccommodating. Many of us, especially those without formal financial education, are expected to become blockchain engineers overnight. And while the community offers scattered help, thereâs no real safety net. Iâve seen people lose thousands because they copied a contract address wrong - and no one warned them. Maybe we should be building more gentle on-ramps, not just criticizing the tool thatâs still standing.
asher malik
i think about thruster v2 like a campfire in the woods. itâs warm, itâs real, itâs got history. but now everyoneâs got propane stoves and solar lanterns. you can still sit by the fire if you want⌠but youâre gonna get smoke in your eyes. and the woodâs running out.
Julissa Patino
v2 is trash. 0.3% fee? pfft. even coinbase does 0.1% for basic trades. and the interface? it looks like it was coded in 2021 by a guy who just quit his job. why is this even still live? the devs are asleep. this is a crypto graveyard.
Omkar Rane
i remember when thruster v2 first launched - it felt like magic. no banks, no forms, just me and my wallet. now? itâs like watching a friend who stopped taking care of themselves. still kind, still there, but fading. i use v3 now, but i still check v2 sometimes just to say hi. itâs like visiting an old house where you grew up. you know itâs falling apart, but you still remember the laughter inside.
Daryl Chew
This is all a distraction. The Blast Foundation is being controlled by a shadow group thatâs using Thruster V2 to track wallet movements. Theyâre harvesting data from every failed transaction. You think your keys are safe? Theyâre not. The deprecation date? A cover-up. Theyâre shutting it down because theyâve collected enough to launch their own centralized version under a new name. Donât be fooled.