Tag: Base Network

  • Coinbase’s Base Overtakes Tron with $6.6B in DeFi Deposits

    Coinbase’s Base Overtakes Tron with $6.6B in DeFi Deposits

    Coinbase’s Ethereum layer-2 network, Base, has surpassed Tron to become the fifth largest blockchain by decentralised finance (DeFi) deposits. According to DefiLlama data, deposits across Base’s DeFi ecosystem, commonly referred to as total value locked (TVL), surged past $6.6 billion, edging out Tron’s $5.2 billion. This milestone underscores how rapidly Coinbase’s blockchain, launched in 2023…