Thruster v3 – Exchange Review

Quick Background

Thruster v3 arrived with a clear mission – to be a home for Blast-native projects, offering token launches from zero to hero. It runs on Blast’s chains, with AMM models that blend classic and concentrated liquidity plus stable swap features and a quirky Treasure-ticket reward mechanic.

Market Coverage

It lists about 14 coins across roughly 23 pairs. The standout pair is WETH/USDB, which drives the bulk of volume. In a given day, volume hovers around $1.1 million – enough to give it life, but still niche.

Key Stats Table

Trading Experience

The UI feels stripped to essentials – charts, pairs, order flow. Liquidity is limited but functional. Expect gapy order books and odd pairings like long-tail Blast tokens. Fees are minimal, typical of AMM trades.

Security and Compliance

This is pure DeFi on Blast – open, permissionless, and without KYC. No licensing, no audits, no reserve proofs. Code lives in public view for savvy users to dig into.

Strengths and Weaknesses

Strengths:

• Tailored for early-stage tokens in the Blast network.
  
• Lightweight, degen-friendly DEX with launch plus liquidity tools.
  
• Offers classic AMM, concentrated liquidity, and stable models under one hood.
  

Weaknesses:

• Tiny ecosystem – mixed liquidity, narrow pair spectrum.
  
• Low adoption – trading volume and engagement are modest.
  
• No regulatory cover or traditional security layers.
  

Reputation and Traffic

Usage is modest – degens and Blast insiders mostly. Volume drives trust in its limited corner of DeFi. It exists, works, but has hardly stirred broader waves.

Who It Suits

If you are chasing new Blast tokens or building launch strategies, this is your playground. For mainstream traders looking for volume and diversity – you will not find it here.

Final Thoughts

Thruster v3 is not a mainstream DEX – it is raw, niche, and built for token liftoff inside a specific ecosystem. Its charm is in simplicity, access, and early exposure. But its reach remains narrow, and its promise most relevant to those already aligned with Blast.