Coinspeaker
Aerodrome Propels Coinbase’s Base Layer 2 Network to $1 Billion TVL Milestone

The spike in TVL suggests that the cryptocurrency community is becoming more and more interested in and using Base. As per the latest DeFiLlama data, the total value locked on the Base Network stands at $1.062 billion as of writing. The spike in TVL suggests that the cryptocurrency community is becoming more and more interested in and using Base.

Coinbase’s Base Network is an Ethereum Layer 2 blockchain created by Coinbase Global, a leading cryptocurrency exchange. It made its public debut on August 9, 2023, as the inaugural blockchain launch by a publicly traded company, marking a notable milestone.

Photo: DefiLlama

Aerodrome’s Massive Contribution to Base’s TVL

Base’s TVL has been helped by Aerodrome, which has added $510.3 mi...