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Base surges past Solana as total value locked nears $400M

Published 09/22/2023, 10:26 PM
Updated 09/23/2023, 12:00 AM
SOL/USD
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The total value locked (TVL) on Coinbase’s layer 2 network Base has surged to $397.32 million in roughly a month and a half since launching in August. That figure now places Base ahead of the Solana network in terms of TVL, which has $358.96 million at the time of writing.

The past 30 days have been significant for Base, with data from DeFi Llama showing that the network’s TVL increased by a whopping 97.21% over the past month.

Top 10 chains in terms of TVL. Source: DeFi Llama
Aerodrome TVL since launch. Source: DeFi Llama
Friend.tech TVL since launch. Source: DeFi Llama

Base transaction ATH

Base daily transactions. Source: Base Scan.

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