Fluent launches Ethereum Layer 2 and BLEND with $50M liquidity

Fluent launched an Ethereum Layer 2 mainnet and introduced BLEND, its native token, with $50 million in liquidity available at launch, the company reported.

The Layer 2 runs on top of Ethereum and processes transactions off-chain while settling to Ethereum for security. Fluent said the concurrent token launch is intended to seed trading pools and attract early users and developers.

Fluent reported the $50 million in day-one liquidity will be available across exchanges and automated market maker pools to underwrite swaps and initial on-chain activity. The company said the funds will also support infrastructure needs such as transaction routing and bridge operations that move assets between Ethereum mainnet and the Layer 2.

The firm did not disclose the full list of liquidity providers or the exact breakdown of where the funds are deployed.

Security and audit status for the Layer 2 protocol and the BLEND token were not detailed in the initial announcement. Observers typically expect third-party audits, bug-bounty programs and staged rollouts; Fluent indicated it will provide further technical documentation for auditors and the developer community.

Fluent plans to release developer tools and documentation to help projects migrate or build on the new chain. The company also indicated future publication of technical and economic details about BLEND, including token distribution, governance mechanisms and any staking or reward programs, but it gave no timeline.

The launch comes amid broader growth in Ethereum Layer 2 solutions, including rollups that bundle transactions and post compressed data to Ethereum’s base layer. Fluent enters a competitive market where transaction speed, fees, developer support and available liquidity affect early adoption.

The company said additional public communications will cover technical specifics, partner integrations and how it intends to manage and sustain the $50 million in liquidity over time.