L2 · EVM

Base

Coinbase-incubated OP Stack rollup, fastest-growing L2 by stablecoin supply.

Base is the Coinbase-built Optimism Stack rollup that has become the largest L2 by USDC supply since 2024. Its tight Coinbase distribution integration drives consumer DeFi and AI-agent commerce.

Live metrics
Updated 1d ago
Stablecoin supply
$11.4B
DeFi TVL
$6.2B
Daily transactions
8.2M
Active addresses 24h
1.9M
Stablecoin supply on this chain · 90d Updated today
$4.6B
Source: DeFiLlama
24h
+0.07%
7d
-1.18%
net−$54.7M
30d
-5.16%
net−$249.8M
inflow 7d$25.2M
outflow 7d$79.9M
Technical profile

Technical profile

Native token
ETH
Consensus
Optimistic rollup (OP Stack); sequencer operated by Coinbase
VM
EVM
EVM compatible
Yes
Block time
2s
Finality
L1 finality ~13 min; 7-day fraud proof window
TPS (typical / max)
180 / 2,000
Avg fee
$0.01
Launched
Aug 9, 2023
Foundation and contributors

Foundation and contributors

Foundation
Coinbase / Base team
Country of origin
United States
Core contributors
CoinbaseOptimism Collective
Stablecoins on this chain

Stablecoins on this chain

Symbol
Supply
Contract
$8.9B
0x833589…a02913
$1.5B
$580.0M
DAI
$55.0M
$75.0M
Timeline

Timeline

  1. Aug 9, 2023
    Base mainnet launch
  2. Feb 20, 2024
    Ecotone upgrade (Dencun blobs)
  3. Aug 15, 2024
    Coinbase Agent Payments launch

    Base becomes the default chain for Coinbase's AI agent commerce stack.

Ecosystem

Ecosystem

Notable projects
  • Aerodrome (DEX)
  • Aave V3
  • Morpho
  • Friend.tech
  • Farcaster Frames
  • Coinbase Wallet
Bridges and interop

Bridges and interop

Base Bridge (native)LayerZeroAcrossStargateCircle CCTP
Best for

Best for

  • Coinbase-distributed consumer apps
  • Farcaster social and Frames commerce
  • AI-agent payments (x402, Coinbase Agent Payments)
  • EVM DeFi at L2 cost
Risk notes

Risk notes

  • Single sequencer operated by Coinbase (centralization)
  • Optimistic rollup fraud proof window adds withdrawal latency
  • L1 data availability dependency
Resources

Resources

More on Base

For cross-chain context, deeper dives and stablecoin-specific analysis, see the blog and the stablecoins index.