Blum: Revolutionizing On Chain Crypto Trading

Key Takeaways

Blum is a decentralized multichain trading ecosystem that brings together a powerful terminal, one of the most hyped Memepads in Web3, and an onchain trading bot – all in a tap-to-trade experience.

At the heart of Blum's ecosystem is its $BLUM token, with a total supply of 1 billion. As of July 2025, Blum had over 95 million users globally, demonstrating its strong appeal.

What Is Blum?

Traditional crypto trading platforms often require users to switch between platforms so users face challenges such as high gas fees, complex interfaces, or restricted access to assets. For instance, DEX trades can become prohibitively expensive due to network congestion, while CEXs may not support some emerging tokens.

Blum is a Telegram-based decentralized platform that deliver everything inside Telegram Mini App - offering an all-in-one trading solution that currently supports Solana, BNB Chain, and TON. Users can trade a diverse range of assets, from mainstream cryptos to the latest meme coins, without constantly switching wallets.

Blum has a Memepad which is a token creating platform embedded directly within the Blum ecosystem, allowing users to create, launch, and promote their own tokens-especially meme coins - within seconds to millions of users. It empowers community-led innovation by combining no-code token creation tool. Until today, there are already more than 400,000 tokens created through Blum Memepad – which makes them the second biggest after pump.fun.

Technical Principles Behind Blum

Blum Trading Terminal currently supports Solana, BNB Chain, and TON and they’ll be adding more chains in the future. Users can directly manage their assets by importing their existing private wallets or create a new one inside Blum.

What makes Blum innovative is its integration within Telegram mini app, which enables users to trade in a familiar chat environment without the need to download separate applications. The platform leverages multi-chain bridging technology to support cross-chain asset transfers (between Solana, TON, and BNB Chain), allowing users to complete near-instant swaps with just a click. Furthermore, Blum plans to launch Perps trading and semi custodial wallet.

Advantages of Blum

Blum's core advantages lie in its user-friendly design and multi-chain trading capabilities. Founded in 2024 by former Binance executive Gleb Kostarev, Blum offers an intuitive interface through its Telegram mini app, enabling users to trade crypto without mastering complex technical knowledge.

Another standout feature of Blum is its gamification mechanism. By July 2025, Blum had surpassed 95 million users globally, with a particularly strong presence in Asia-Pacific, Africa, and Eastern Europe.

Blum supports a broad spectrum of token types, covering both mainstream assets and the latest meme coins to meet diverse investment needs. While its Memepad feature allows users to create and promote new tokens, thus injecting fresh energy into the ecosystem. Meanwhile, the platform enhances user engagement through social features (such as leaderboards and a tribe system) to build a vibrant crypto community. Recently, Blum has integrated xStocksFi to launch over 50 tokenized stocks (such as $AAPL and $TSLA), enabling 24/7 decentralized stock trading all within Telegram.

In the future, Blum plans to expand to more blockchain networks and introduce fiat on- and off-ramps along with a decentralized governance model, with these features expected to roll out very soon

Blum Tokenomics

At the heart of Blum's ecosystem is $BLUM, with a total supply of 1 billion. The BLUM token was officially launched on June 27, 2025, via a Token Generation Event (TGE) under the contract address: EQCAj5oiRRrXokYsg_B-e0KG9xMwh5upr5I8HQzErm0_BLUM.

Future utilities of $BLUM include:

Trading Fee Discounts: Users can enjoy discounted trading fees when paying with $BLUM.

Staking Rewards: Token holders can earn passive income by staking $BLUM.

Future Airdrops: $BLUM will be used for future airdrops and other interesting mechanics within Blum ecosystem

Blum also plans to reduce the circulating supply through a buyback and burn mechanism, thereby enhancing the token's value.

Conclusion

Blum brings convenience and excitement to crypto trading through its Telegram mini app, sparking the new generation's enthusiasm for crypto. Its multi-chain support and gamification mechanism empower it to stand out in a highly competitive market. With over 95 million users and support from the Binance MVB program, Blum demonstrates tremendous growth potential.

In the future, Blum has the potential to evolve into a leading platform that bridges CEXs and DEXs.