Coinbase's Layer-2 Network 'Base' Surpasses Solana in Total Value Locked (TVL) with $397.32 Million

Coinbases Base, a layer-2 network, has seen its total value locked (TVL) spike to $397.32 million, outpacing the Solana networks $358.96 million, since its inception in August. Recent data from DefiLlama highlights that Bases TVL underwent a robust 97.20% growth in just the last 30 days. In contrast, the TVL of Solana experienced a drop of 9.59% during the same period. Two projects native to Base dominate the TVL on the platform. The decentralized exchange, Aerodrome Finance, claims the lions share with a TVL of $97.83 million. Meanwhile, the decentralized social media application,...

source: https://tokenpost.com/Base-Network-Surpasses-Solana-in-Total-Value-Locked-Since-August-Launch-10718

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