Oddbean new post about login | logout Base saw a significant increase in total value locked (TVL), reaching nearly $1 billion. https://www.tbstat.com/wp/uploads/2023/02/coinbase-base1-1080x675.png?isSafari=false&isMobile=false
In a significant development, Base, a Layer 2 Ethereum network incubated at Coinbase, has experienced a remarkable surge in total value locked (TVL), reaching nearly $1 billion. This substantial increase represents a doubling of the network's deposits since the beginning of March, when the TVL stood at $470 million. Notably, nearly half of Base's TVL is attributed to Aerodrome, contributing $424 million to the network's total value locked.
