base03

what's base?

Base is a Layer 2 blockchain solution built in partnership with Optimism, offering sub-second and sub-cent payments with deep Coinbase integration. The project focuses on global payments, financial services, and creator monetization tools.

Snapshot

Base hit #1 TVL, saw record fees, high DEX volume, and JPM Coin launch.

51MIN ago
ONCHAIN METRICS

Reached #1 position among Layer 2 networks ranked by Total Value Locked (TVL).

1H ago
TECH EVENT

Printr omnichain token launch platform launched V2 upgrade, now live on Base along with seven other chains including Solana and BNB Chain.

3H ago
ONCHAIN METRICS

Application fees reached an all-time high of $4.4 million.

5H ago
ONCHAIN METRICS

DEX volume exceeded BSC's DEX volume in the week prior to April 14, 2026, with over 65% generated on Aerodrome.

6H ago
PARTNERSHIP

JPMorgan rolled out its USD deposit token (JPM Coin) on Base for institutional 24/7 on-chain settlements and cross-border payments.

8H ago
VISIBILITY EVENT

Hosts a hackathon focused on AI agents in Seoul on 2026-04-25, with Nansen as a supporting sponsor.

10H ago
ONCHAIN METRICS

A USDC yield vault on Base through Sprinter UX reached $2.96M TVL with 11.35% current APY.

15H ago
TECH EVENT

The first agent on Base self-launched on Virtuals platform.

1D ago
PARTNERSHIP

Zebec integrated its card and product suite with Base, enabling payment and payroll services using onchain dollars on the network.

ONCHAIN METRICS

Processed $17 trillion in stablecoin volume in 2025.

MARKET ACTIVITY

Became the #1 venue for BTC spot trading in 2025.

TECH EVENT

Launched baseapp in 140+ countries in 2025.

TECH EVENT

Hosts the launch of the first onchain fantasy esports platform on 2026-04-16.

VISIBILITY EVENT

Agent0 Subgraphs from The Graph Protocol are live on Base along with BNB Chain, Ethereum, Monad, and Polygon, having been queried more than 1 million times.

ONCHAIN METRICS

Had 50 active apps receiving transactions in the week ending April 13, 2026, the highest count among Ethereum L2s.

ONCHAIN METRICS

Aave's total market size on Base reached almost $1.5B, making it the 3rd biggest Aave market, larger than Base or Arbitrum.

FINANCIAL EVENT

Provides $10,000 grants to the top 15 startup teams participating in Base Batches, an 8-week accelerator program culminating in a demo day in San Francisco.

2D ago
FINANCIAL EVENT

Raised $64.6M in capital during Q1 2026.

TECH EVENT

Alvara Protocol launched on Base, enabling users to create on-chain basket funds (BSKTs) with management fee mechanisms and non-custodial portfolio management built on ERC-7621 standard.

ONCHAIN METRICS

Prop AMMs (Tessera, ElfomoFi, Wasabi) reached 6.48% of combined Base and BSC DEX volume, with one day last week hitting 22%.

ONCHAIN METRICS

Prop AMMs on Base traded $1.68B in volume over the last 30 days with an average trade size of $1,008.

3D ago
ONCHAIN METRICS

Beezie app generated over $30M in revenue on Base in Q1 2026.

ONCHAIN METRICS

Beezie app achieved over $60M total volume on Base in Q1 2026.

4D ago
ONCHAIN METRICS

Beezie became the #1 consumer app on Base.

VISIBILITY EVENT

Supported as one of three chains (alongside Arbitrum and Ethereum) for deposits into LayerN's N1 product.

ONCHAIN METRICS

Relay Protocol processed 479,000 transactions and $158 million in volume for crosschain payments on Base and other chains via HeyElsaAI integration.

UNCATEGORIZED

Ethos Network operates on Base with thousands of users every week, providing credibility scores built from onchain reputation signals.

5D ago
ONCHAIN METRICS

Added 154 new projects in Q1 2026, ranking fourth among major crypto ecosystems by newly added projects.

ONCHAIN METRICS

Recorded median transaction fee below $0.01, reaching $0.61 on January 31, 2026 during Bitcoin volatility.

ONCHAIN METRICS

Operates with 200 millisecond block times.

ONCHAIN METRICS

Achieved DEX volume of $946.39M in the last 24 hours, with an 8.23% increase week-over-week.

MARKET ACTIVITY

Integrated with Cielo Finance for trading support, enabling users to trade Base-based assets with ETH or USDC at 0.6% fees through Telegram and web terminal.

PARTNERSHIP

Integrated with Nansen's nansen-trading tool, enabling AI agents to create wallets, quote swaps, and execute trades on Base.

ONCHAIN METRICS

Reached $4,769,000,000 in total stablecoin supply, ranking 6th among all blockchain networks by stablecoin market cap.

VISIBILITY EVENT

Featured as an empirical case study in academic research on spam MEV transactions and blockchain pricing policy conducted by Category Labs researchers and collaborators from Yale and Cornell.

VISIBILITY EVENTOfficial

Launched Batch 003 accelerator, selecting 12 teams from 1,100+ applications for equity-free funding, 7 weeks of mentorship (AI, DeFi, payments, prediction markets), and a San Francisco Demo Day.

MARKET ACTIVITY

A new token launcher called Liquid, built by Proxy Studio and m00npapi, launched on Base with features including 100% of LP fees going to creators.

6D ago
TECH EVENT

Launched Base Dashboard on 2026-04-09 as a unified platform for app management, registration, metadata, analytics, and attribution.

FINANCIAL EVENT

Funded 50+ Base Batch teams in 2025.

ONCHAIN METRICS

Achieved 10,000 transactions in a single block and 5,000 transactions per second on mainnet.

ONCHAIN METRICS

Recorded over 5,000 new AI agents and services registered on the network on April 7, 2026.

ONCHAIN METRICS

Cumulative x402 transactions are approaching 100 million.

1W ago
TECH EVENT

Supports Circle's crosschain forwarding service for CCTP and Bridge Kit, enabling automated destination-chain execution for USDC transfers to and from Base.

ONCHAIN METRICS

Generated $271 in fee revenue paid to Ethereum on April 6, 2026.

VISIBILITY EVENT

Appeared in Q1 2026 ICO/IDO market analysis with a small number of token sales compared to established chains like Solana (115 sales), Ethereum (146 sales), and BNB (251 sales) over the past year.

ONCHAIN METRICS

Registers 25,194 on-chain AI agent deployments, ranking second among blockchains, fewer than BNB Chain's over 40,000.

VISIBILITY EVENT

Mentioned as one of the blockchains where Clawlett wallet enables token launching and trading, alongside BID Trenches.

ONCHAIN METRICS

Achieved commerce settlement of almost $1.2 million in a single day on April 1st, 2026, surpassing the previous daily all-time high of $170k.

MARKET ACTIVITY

Launched Centrifuge's deSPXA token (tokenized S&P 500 exposure via Anemoy fund) on Base as part of its deRWA initiative, establishing a deSPXA/USDC liquidity pool on Aerodrome Finance at 0.05% fee tier.

PARTNERSHIP

deSPXA (Anemoy S&P 500 Index Fund tokenized version) will be available as collateral on Morpho.

VISIBILITY EVENT

Featured in Reya's livestream discussing ReyaChain's Base sequencing integration as a differentiator.

ONCHAIN METRICS

Reached $1.104 billion in 24-hour perpetuals trading volume, representing a 46.58% increase week-over-week.

ONCHAIN METRICS

PropAMMs account for 40-50% of 0x Swap API volume on Base.

UNCATEGORIZED

Aerodrome, Base's main liquidity hub, earns revenue from swaps; Tessera, a prop AMM, now competes for daily volume.

TECH EVENT

Fetchr Engine (ticker: FETCHR) launched on Base on April 4, 2026.

ONCHAIN METRICS

Processed 12 transactions in 24 hours through NovaProof AI agent reputation system on mainnet for Twitter mention searches with USDC micropayments.

TECH EVENT

OpenCover launches vault-native risk transfer primitive on Base, enabling existing DeFi vaults to become insurable without protocol changes, covering three vaults from Morpho, Superform, and Yield Protocol.

MARKET ACTIVITY

RIVER listed spot on HyperliquidX, deployed on Base.

MARKET ACTIVITY

Listed Coinbase Wrapped XRP (cbXRP), DOGE (cbDOGE), ADA (cbADA), and LTC (cbLTC) for trading on SigmaTrading on Base.

ONCHAIN METRICS

The cbBTC/USDC market on Base has over $1B in active borrows.

VISIBILITY EVENT

Clash of Coins, described as one of the flagship products on Base, is mentioned in promotional content highlighting its $5,000,000+ prize pool and new Agentic Tournament feature.

RISK ALERT

Has an admin key that can upgrade smart contracts and potentially allow rule changes including theft of user funds.

TECH EVENT

Enabled first fully autonomous robot-to-robot commerce transaction on Base via Virtuals ACP using USDC, and hosts a USDC-based payment endpoint for an AI agent counseling service priced at $110 per session with 24-hour response time. x402 V2 adds wallet sessions, multi-chain stablecoin support (Base, Solana), and modular paywalls in January 2026.

ONCHAIN METRICS

TVL decreased from $5.4B to $4B.

ONCHAIN METRICS

Weekly active developers decreased by 52%.

ONCHAIN METRICS

Weekly fees decreased from millions to $500-600K. Generated $92,500 24-hour revenue, ranking second after Tron.

ONCHAIN METRICS

6.52 million creator tokens were minted with only 17,800 showing sustained activity, representing a 0.3% survival rate.

TECH EVENT

Flashblocks technology is coming, offering 10x faster performance than current infrastructure.

ONCHAIN METRICS

Processed $4.4 billion in local currency stablecoin volume in February 2026 with approximately 17,000 senders, achieving the highest volume-to-sender ratio across tracked chains.

PARTNERSHIP

Launched a Mini App collaboration with Superform featuring a quest program with 150,000 $UP token rewards pool for participants.

VISIBILITY EVENT

Sponsored the first OpenWallet OWS Hackathon alongside multiple other partners including Solana, dflow, Circle, Ripple, and Sui Network.

ONCHAIN METRICSOfficial

Hosts 90% of x402 transactions across all chains for http-native payments.

PARTNERSHIPOfficial

Joined x402 foundation with Coinbase on April 2nd, 2026, for agentic economy infrastructure and ERC-8004 identity functionality across Base, MegaETH, and Ethereum; Morpho launches Agents beta enabling AI systems to execute lending actions across Ethereum and Base.

MARKET ACTIVITYOfficial

Integrates over 20 local stablecoins (AUDD, XSGD, BRL, IDR, TRY) with Coinbase fiat on-ramps, offering zero-fee onramping.

ONCHAIN METRICS

Had 121 state roots contested in dispute games on the network as of April 2026.

PARTNERSHIPOfficial

Cloudflare launched WordPress with x402 integration on Base; Relta launched its payment platform, offering tip jars, pay links, digital downloads, 1.5% fees, and USDC payments.

TECH EVENT

Apyx launched apxUSD and apyUSD on Base with Chainlink support, offering digital credit yield strategies.

UNCATEGORIZEDOfficial

Avantis added leveraged WTI-USD and BRENT-USD oil trading pairs on Base.

PARTNERSHIP

Integrated with Ledger Wallet's Cash-to-Stablecoin feature, enabling users to purchase stablecoins on Base network directly through Ledger, powered by Noah.

VISIBILITY EVENT

Featured on the Base community subreddit r/BASE regarding Rango's routing capabilities to and from Base.

MARKET ACTIVITY

Offers zero-fee onramping for stablecoins through MoonPay integration.

ONCHAIN METRICS

Experienced a 24.6% quarter-over-quarter decline in L1 transactions.

TEAM UPDATE

Hiring social media leads and other roles.

UNCATEGORIZED

Launches 2026 strategy targeting tokenized assets, $17T+ stablecoin payments with gas fee support, ERC-8021 builder codes, and liquidity incentives.

PARTNERSHIP

Joined the Agglayer collective as a founding member on April 1, 2026, alongside Coinbase.

TECH EVENT

Pivoted to a trading-first product, expanding to support all standard web apps on 2026-04-09.

ONCHAIN METRICS

Doubled USDC stablecoin velocity on Base over two years, reaching 6 times per month on average, per Standard Chartered.

ONCHAIN METRICS

Processed $17T in stablecoin volume across 26 currencies and 17 countries in 2025.

ONCHAIN METRICS

Became the #1 onchain venue for BTC spot trading in 2025.

TECH EVENT

Launched Base App in 140+ countries in 2025, providing an interface for earning yield on USDC, spending, and borrowing against holdings.

FINANCIAL EVENT

Funded 50+ teams through Base Batches program in 2025.

2W ago
VISIBILITY EVENT

Uses Dune Analytics' dbt Connector for custom SQL models on decoded onchain data with incremental support and version control.

ONCHAIN METRICS

Commerce payment protocol settled over $850,000 in March 2026.

ONCHAIN METRICS

Commerce payment protocol settled over $2.5 million in total since launch.

ONCHAIN METRICS

Commerce payment protocol reached over 4,500 customer addresses.

ONCHAIN METRICS

Weekly active apps on Base are increasing as of March 31, 2026.

TECH EVENT

Riverdot Inc deployed on Base, allowing native use without bridging.

PARTNERSHIP

Integrated with Mezo Network for Bitcoin-backed onchain loans via Aerodrome, serving as Mezo's primary DeFi liquidity hub. Mezo deploys 2.25% MEZO supply as voter incentives over 4 weeks starting March 31, 2026.

PARTNERSHIPOfficial

Ramp Labs launched stablecoin accounts using USDC on Base on March 30, 2026, enabling stablecoin holding, rewards, and USDC payments.

VISIBILITY EVENT

Originated from Coinbase's internal "Next Bets" venture program, which funds small teams (2-3 people) to develop high-potential ideas within the company.