{"id":17799,"date":"2024-10-15T19:02:14","date_gmt":"2024-10-15T16:02:14","guid":{"rendered":"https:\/\/forklog.com\/en\/base-surpasses-arbitrum-in-defi-tvl-rankings\/"},"modified":"2024-10-15T19:02:14","modified_gmt":"2024-10-15T16:02:14","slug":"base-surpasses-arbitrum-in-defi-tvl-rankings","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/base-surpasses-arbitrum-in-defi-tvl-rankings\/","title":{"rendered":"Base Surpasses Arbitrum in DeFi TVL Rankings"},"content":{"rendered":"<p>The total value locked (TVL) in the Base ecosystem&#8217;s protocols has exceeded $2.4 billion, slightly surpassing Arbitrum, according to <a href=\"https:\/\/defillama.com\/chains\">DeFiLlama<\/a> data.<\/p>\n<p><!--more--><\/p>\n<p>The platform, which lacks a native token, has become the largest layer-two solution by TVL and ranks among the top five DeFi ecosystems, trailing only Ethereum, Tron, Solana, and BNB Chain.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/DeFiLlama-6.webp\" alt=\"DeFiLlama-6\" class=\"wp-image-243270\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/defillama.com\/chains\">DeFi Llama<\/a>.<\/figcaption><\/figure>\n<p>Base hosts <a href=\"https:\/\/defillama.com\/chain\/Base\">361 platforms<\/a>, while Arbitrum supports <a href=\"https:\/\/defillama.com\/chain\/Arbitrum\">639<\/a>.<\/p>\n<p>A significant portion of the TVL in the Coinbase-supported ecosystem is attributed to the non-custodial exchange Aerodrome, amounting to <a href=\"https:\/\/defillama.com\/protocol\/aerodrome#information\">$1.34 billion<\/a>.<\/p>\n<p>Base has consistently shown high activity levels, significantly outpacing competitors in transaction volume and the number of active addresses.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"443\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/onchain-1024x443.png\" alt=\"onchain\" class=\"wp-image-243271\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/onchain-1024x443.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/onchain-300x130.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/onchain-768x332.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/onchain.png 1027w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.theblock.co\/data\/scaling-solutions\/optimistic-rollups\">The Block<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cThe rapid growth of Base underscores Coinbase and application developers&#8217; commitment to a rollup-centric vision,\u201d <a href=\"https:\/\/www.theblock.co\/post\/321011\/base-becomes-largest-ethereum-rollup-by-total-value-locked-surpassing-arbitrum\">stated<\/a> The Block researcher Eden Au.<\/cite><\/p><\/blockquote>\n<p>In terms of decentralization, Base is still in its early stages\u2014Stage 0, according to <a href=\"https:\/\/l2beat.com\/scaling\/projects\/base\">L2BEAT<\/a>. However, fraud proofs are included in the roadmap and are already under development.  <\/p>\n<p>In September, Coinbase launched the wrapped bitcoin cbBTC on the Base and Ethereum blockchains and planned to release the tool on the Solana network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total value locked (TVL) in the Base ecosystem&#8217;s protocols has exceeded $2.4 billion, slightly surpassing Arbitrum, according to DeFiLlama data.<\/p>\n","protected":false},"author":1,"featured_media":17798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1335,1321,1093],"class_list":["post-17799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arbitrum-arb","tag-base","tag-defi"],"aioseo_notices":[],"amp_enabled":true,"views":"71","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=17799"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/17798"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}