Symbiosis Finance Adds Base Network Support

The multi-chain liquidity protocol Symbiosis Finance, as an early contributor, began supporting the mainnet of second-layer solution Base from Coinbase, whose launch is scheduled for August 9.

The project is also participating in the Onchain Summer initiative. Under it, developers will gain access to tools for integrating Base into on-chain and cross-chain exchanges, as well as to automate liquidity provision in the yield protocols of the new network.

Since July, the mainnet has been available to developers in a limited mode for testing their applications. The network is built on the OP Stack in collaboration with Optimism.

On July 10, Symbiosis Finance reported a total cross-chain swap volume of $500 million.