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The Base ecosystem is BOOMING. @Coinbase's @Base L2 network has just hit a new all-time high TVL of more than $6.26 billion per DefiLlama data. Base's stablecoin supply now stands at some $5.1 billion, making it a larger stablecoin venue that even chains like @arbitrum, @0xPolygon and @Ripple's $XRP Ledger. Base team be cooking, even if nobody is talking about it.
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Jesse reveals Base's barbell strategy "Our thesis for Base is to serve the barbell. On one end, an open ecosystem with funding resources: Builder Grants, Base Batches, the Base Ecosystem Fund. Whether you're starting or scaling, we have the infrastructure to help." "On the enterprise side, we package that infrastructure into solutions. Issue a stablecoin, do cross-border payments, let customers borrow against crypto, earn 7% yield."
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🚀 Top gainers on @Base ecosystem past week! 📈 What project are you betting big on?👇 $NOICE @noicedotso $TIBBIR @ribbita2012 $C @ChainbaseHQ $RECALL @recallnet $AVNT @avantisfi $PLAY @itplaysout $AWE @awenetwork_ai $FLOCK @flock_io $CLANKER @clanker_world $BNKR @bankrbot
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Momentum is building on Base. Here’s 25 things the Base ecosystem launched and announced in July. 1) @morpho launched Morpho Midnight, Fixed Rate Markets, and a new Markets App. Allowing users on Base to lend and borrow at fixed rates. 2) @o1_exchange introduced the B20 launchpad to create and discover B20 tokens on Base in seconds, without code. 3) @bankrbot crossed $5B in total volume traded onchain through Bankr. 4) @tenorfinance, a fixed-rate lending and borrowing platform for asset managers and large borrowers, went live on Base to provide access to onchain lending markets. 5) @numoforex presented the first stablecoin-settled USD/NGN futures exchange, unlocking Nigerian Naira DeFi opportunities on Base. 6) @noon_capital went live with its digital dollar, built with institutional-grade security, on Base. 7) @definitivefi launched Flash Agents, delivering advanced orders, smart routing and resilient execution on Base. 8) @doppler_fi expanded to Base, starting with infrastructure for cbXRP and paving the way for more tokenized assets over time. 9) @cloudflare announced Monetization Gateway, which will allow you to charge for any web page, dataset, API, or MCP tool behind Cloudflare with stablecoins on x402. 10) @apify launched 20,000+ tools accessible through x402, giving autonomous agents access to the largest marketplace of web automation tools. 11) @spiko, with @coinbase, now lets USDC and EURC settle directly into regulated, yield-bearing UCITS liquidity funds on Base. 12) @centrifuge issued over $50 million in tokenized AAA CLOs on Base as part of Ethena’s ongoing diversification of its collateral with institutional credit. 13) @avantis announced the rollout of Avantis V2 on August 12, featuring expanded RWA access, zero-commission trading, and more. 14) @midasrwa launched on Base to bring its composable onchain investment products to one of the largest onchain finance ecosystems. 15) @askvenice raised $65 million in a round led by Dragonfly at a $1 billion valuation, to expand its private and uncensored AI platform as an alternative to mainstream models. 16) @ethos_network launched Ethos Trade, a beta version of its Reputation Markets v2 that lets users trade anyone’s reputation onchain. 17) @liveframe shipped a tool for UGC creators, streamers, and clippers to monetize their attention and get paid through its next-generation distribution platform on Base. 18) @liminalcash launched Nim, an AI financial agent on Base that lets users move money, split bills, invest, and handle banking tasks through simple conversation. 19) @opal_dex announced Production V1 of its privacy-first perpetual DEX on Base, with invite-only access and limited capacity now live for stress-testing. 20) @birchhill_io launched its first onchain product: a permissioned USDC credit market on Base backed by tokenized real estate equity. 21) @pixiechess opened its new Free Brawl game mode on Base, offering no-entry-fee play with real rewards. 22) @trueo_ launched user-created markets on its permissionless prediction platform, letting anyone ask questions, create markets, and earn. 23) @korprotocol shipped KOR ID on Base, a unified verified identity that unlocks access to its full suite of apps and enables instant agent payments on deal close. 24) @niftyisland launched Prize World, a new play mode powered by Base for collecting authenticated trading cards and unlocking rewards. 25) @freedomfactory announced PQ1, the world’s first fully post-quantum hardware wallet, live on Base.
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We just wrapped up Base Discovery with 4,000 users. Over the past 3 weeks, 4,000 users entered @baseapp, discovered 11 different projects on @base, and became experts in the Base ecosystem while earning rewards. A HUGE thanks to all the supporters during the campaign: @billions_ntwk, @o1_exchange, @awenetwork_ai, @BasedBrett, @AnichessGame, @heurist_ai, @axisrobotics, @upshot_cards, @coinherofun, @OmenX_Official. Together, let's spin the Attention-Capital Flywheel on Base App.
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10 reasons to build on Base: 1. Deep liquidity 2. Base Ecosystem Fund 3. Sub-cent fees 4. #1# chain for AI agents 5. Base Batches 6. Trillions in stablecoin volume 7. Largest L2 by TVL 8. 20+ local stablecoins 9. Sub-second blocks 10. Cracked builders
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Regarding the recent buzz around my profile picture changes and some feelings that the Base community isn’t being supported enough: I appreciate the feedback (even if tough to hear) and I realize you wouldn't take the time to respond unless you cared. It seems I wasn't clear enough setting expectations for all of you, so let me try and do that now: please don’t follow my personal X account for investment advice or signals around individual coins. I’m simply posting things I find interesting or funny on the internet. I may not even be aware if there is a coin or project attached to the content I'm posting (you should assume I'm not, to be safe). My posts and profile pics are also not endorsements or commitments to anything. Base is our shot at building foundational infrastructure for financial services where we can all innovate together. That includes tokenized stocks, borrow/lend protocols, stablecoin payments, etc and yes even meme coin trading. I believe in economic freedom, and support you trading whatever you want. Just realize that if you're treating my X account as alpha, you are doing so at your own risk, against my wishes. I would never recommend this. On the topic of “support” from the Base team or Coinbase, there seems to be confusion around this too. There are many tokens we would like to list on our centralized exchange, but can't for compliance and regulatory reasons. If you want Jesse or me to pump your bags or shill certain coins, we're also not going to do that. Here is what we are committed to on support: we run in-person Base Batches and issue grants to high potential builders, Coinbase Ventures and the Base Ecosystem Fund also invest in the most promising companies building on Base, and we periodically integrate promising Base defi protocols into our products at Coinbase which enhances distribution. I might even mention something on X if I think it's interesting, but again, this is not investment advice. In general, we bias toward supporting projects that we believe will create long term customer value. You may like this approach or you may not, but either way hopefully it creates clarity going forward, so you can decide what you want to do. I respect your choice, either way. P.S. I still might post memes if I think they are funny! It's still not investment advice.
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