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

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The total value locked (TVL) on Coinbase’s layer-2 network Base has surged to $397.32 million since launching in August. That figure now places Base ahead of the network, which has a TVL of $358.96 million at the time of writing.

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

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

Base transaction ATH

Base daily transactions. Source: Base Scan

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