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#Base

Base-related news and updates.

Base Surpasses Optimism with $8 Billion in Total Value Locked
ForkLog 11 10.06.2024

Base Surpasses Optimism with $8 Billion in Total Value Locked

The total value locked (TVL) in the Ethereum Layer 2 network Base has exceeded $8 billion, surpassing the OP Mainnet from the Optimism team. TVL Base. Source: L2BEAT. According to L2BEAT, as of June 10, TVL Base comprises $2.13 billion in canonical value (assets tied to Ethereum) and $5.84 billion in native funds. The protocol […]
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Friend.Tech Team Announces Transition to Proprietary Friendchain Network
ForkLog 11 09.06.2024

Friend.Tech Team Announces Transition to Proprietary Friendchain Network

The developers of the decentralized social application Friend.Tech have announced the development of the Friendchain network in collaboration with blockchain infrastructure company Conduit. We’re pleased to be working with @conduitxyz on Friendchain, our own blockchain that uses $FRIEND as a fully transferable gas token. We’ll keep you up-to-date with all the info you need over […]
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Friend.Tech Token Plummets 30% Amid Migration Proposal from Base
ForkLog 17 27.05.2024

Friend.Tech Token Plummets 30% Amid Migration Proposal from Base

The co-founder of the decentralized social application Friend.Tech, known by the pseudonym Racer, has expressed a desire to move the protocol from the L2 network Base. The FRIEND token responded with a 32% drop.  15-minute FRIEND/USD chart on BunnySwap. Data: Gecko Terminal.  At the time of writing, the asset is trading at $0.96 with a […]
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One in Six Meme Tokens on Base is Fraudulent, 91% Have Vulnerabilities, Study Finds
ForkLog 19 09.04.2024

One in Six Meme Tokens on Base is Fraudulent, 91% Have Vulnerabilities, Study Finds

Since the Dencun update, which reduced fees in L2 solutions, Coinbase’s Base protocol has seen a sharp increase in users, transactions, and TVL. Meme coins dominate much of this activity, with one in six coins being a scam, according to a report by Cointelegraph Magazine. Researchers compiled “profiles” of 1,000 tokens launched between March 19 […]
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Base Network's Locked Value Surpasses $4 Billion
ForkLog 9 08.04.2024

Base Network’s Locked Value Surpasses $4 Billion

Over the past week, the total value locked (TVL) in the Base Layer 2 network increased by 16.5%, reaching $4.14 billion. TVL dynamics of Base. Data: L2BEAT. According to L2BEAT, the TVL of the second-layer solution includes $1.47 billion in “canonical” assets and $2.67 billion in native funds. Base ranks third in the top L2 […]
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Base's Locked Asset Volume Surpasses $2 Billion
ForkLog 17 25.03.2024

Base’s Locked Asset Volume Surpasses $2 Billion

The total value locked (TVL) in the Layer 2 solution Base has reached $2.29 billion, according to L2BEAT. This figure includes the volume of USDC and several other assets issued on the network, totaling $1.27 billion. Data: L2BEAT. Since its launch, it took 203 days for the TVL to reach $1 billion and an additional […]
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Base Faces Delays Amid Surge in On-Chain Activity in L2 Network
ForkLog 14 21.03.2024

Base Faces Delays Amid Surge in On-Chain Activity in L2 Network

On March 20, the daily trading volume in the L2 solution Base reached $369 million, increasing by more than 50% from the previous day. TVL of the protocol hit a record high of $761 million.  TVL and trading volume on Base. Data: DeFi Llama. According to the dashboard on Dune, the network recorded 1.65 million […]
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Aavegotchi to Launch L3 Solution Using Base
ForkLog 9 19.03.2024

Aavegotchi to Launch L3 Solution Using Base

Developers of the GameFi project Aavegotchi have announced the launch of an L3 rollup named Gotchichain, focused on blockchain gaming, in the second quarter. The solution will use Base for settlements. ? BASED AND #ONCHAIN ? We’re excited to announce that we have chosen @base as the settlement layer for @gotchichain, our upcoming L3 dedicated […]
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opBNB Overtakes Arbitrum in Transaction Volume
ForkLog 25 07.02.2024

opBNB Overtakes Arbitrum in Transaction Volume

opBNB, developed by BNB Chain, has surpassed Arbitrum in total transactions among Layer 2 networks, according to calculations by Coin98 Analytics. #Layer2 Monthly Report | January 2024Key Takeaways: — #Optimism maintains lead in total addresses — #opBNB surpasses #Arbitrum in total transactions— #MantaPacific surpasses Base, securing 4th position with over $461M in TVL— #Base leads […]
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Synthetix Unveils Third Version of Protocol on Base
ForkLog 14 25.01.2024

Synthetix Unveils Third Version of Protocol on Base

The DeFi platform for synthetic assets, Synthetix, has launched the third version of its perpetual derivatives protocol on the Ethereum layer-two network, Base. Derivatives protocol @synthetix_io has launched a perpetuals exchange on @base? Perps V3 gives traders the option of using USDC as collateral. Read more:https://t.co/cpGZrJZUiM pic.twitter.com/cXOvbNJ1XG — The Defiant (@DefiantNews) January 24, 2024 Perps […]
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Coinbase lists token from Base network for the first time
ForkLog 11 12.12.2023

Coinbase lists token from Base network for the first time

The DeFi project Seamless Protocol, built on Coinbase Layer-2 Base, issued a governance token. The exchange began trading SEAM.
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Coinbase CEO rules out token for Base L2 network
ForkLog 15 02.12.2023

Coinbase CEO rules out token for Base L2 network

The Bitcoin exchange Coinbase does not plan to launch a token for its L2 network Base. This was stated by Brian Armstrong, the head of the trading platform.
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