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Base Protocol Surpasses $4 Billion in TVL

Source
Son Min

Summary

  • Base Protocol's TVL has surpassed $4 billion, attracting the attention of investors.
  • Base Protocol has reportedly outperformed Arbitrum in decentralized exchanges, daily transactions, and active addresses.
  • It was also added that Base Protocol is dominating in stablecoin usage.

Base Protocol's TVL (Total Value Locked) has surpassed $4 billion.

On the 13th (local time), Satoshi Club announced on X that "Base Protocol is the first Ethereum network to surpass $4 billion in TVL since Polygon (MATIC) PoS," adding that "it has also outperformed Arbitrum (ARB) in decentralized exchanges (DEX), daily transactions, and active addresses." Furthermore, it was noted that Base Protocol is dominating in stablecoin usage as well.

#On-chain Data
#Analysis
Son Min

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit

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