Base is an Ethereum Layer-2 network created and supported by Coinbase. Launched in 2023, it uses OP Stack (Optimistic Rollups) and combines the low fees, high speed, and security of Ethereum. 1. Leader among L2 • DeFi TVL share is ~46% of all Ethereum L2 (TVL $4.6–5.6 billion, peaking above $5–9 billion at various points in 2025–2026). • Frequently >50–80% of all weekly L2 revenue (revenue 30x growth over 2025). • Largest transaction volume and activity among rollups. 2. Scale and Performance • Millions of daily transactions (peaks at 7–15 million per day). • Hundreds of thousands – millions of active addresses daily. • Sub-cent fees + near-instant confirmations (Flashblocks and upgrades 2025). 3. Main advantage: distribution from Coinbase • Access to 110+ million verified Coinbase users. • 9+ million monthly active traders on the exchange → natural onboarding without huge airdrops or incentives.
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