Coinbase’s Layer-2 Base Network Sees Record $1B DEX Volume
Base, the Ethereum layer-2 community developed by Coinbase, has surpassed $1 billion in buying and selling quantity on decentralized exchanges (DEX) inside a 24-hour interval.
Nearly all of the buying and selling exercise came about on Uniswap, which accounted for 64.3% of the amount. Different important contributors had been Aerodrome Finance with 9.7% and SharkSwap with 7.8% of the amount. Along with the surge in buying and selling quantity, Base additionally skilled an increase in every day lively customers (DAU), rising by roughly 12.4% from 153,000 to 172,000.
The rising exercise on Base comes as memecoins buying and selling on the layer-2 community is heating up. Jesse Pollak, a contributor to Base, shared on X the surge in transactions and lively addresses, a sign of rising consumer exercise, on Base.
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