Overview
Juice Finance is a lending and leveraged yield protocol native to the Blast Layer 2 network. The protocol allows users to deposit assets as collateral and borrow against them to access leveraged yield strategies on Blast-native DeFi protocols. Juice gained significant TVL during the Blast points farming era, as users sought to maximize their Blast airdrop allocation through leveraged exposure.
The protocol's core mechanic enables users to leverage their positions across Blast DeFi — depositing ETH or stablecoins and borrowing to farm yield at higher multiples. This strategy was particularly attractive when Blast was distributing points that could translate to future airdrops.
Post-Blast airdrop, Juice Finance faces the same challenge as most Blast-native protocols: proving that real demand exists beyond points farming. Blast itself has seen significant TVL outflows, and Juice's leveraged yield strategies are less attractive without the airdrop farming premium.
Risk Factors
- TVL heavily dependent on Blast ecosystem health, which has declined post-airdrop
- Leveraged yield strategies amplify losses in down markets
- Limited organic demand beyond points and airdrop farming
- Blast L2 ecosystem sustainability is itself uncertain
Conclusion
Juice Finance is a product of the Blast points meta — functional and well-timed but facing serious questions about post-hype sustainability. The 2.2 score reflects decent execution during the farming era against the bleak outlook for Blast-native DeFi protocols.