BASE TVL SURGES TO $8B JUST DAYS AFTER OVERTAKING OP MAINNET

Last updated: June 19, 2025, 21:28 | Written by: Emin Gün Sirer

The Ethereum layer-2 scaling solution, Base, is making waves in the decentralized finance (DeFi) landscape. ETHUSD Ethereum Base TVL surges to $8B just days after overtaking OP Mainnet. Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scalerIn a stunning display of growth, Base's Total Value Locked (TVL) has skyrocketed to over $8 billion, achieving this milestone just days after surpassing Optimism's OP Mainnet. The total value locked (TVL) on the Ethereum layer-2 network Base has surpassed $8 billion days after overtaking Optimism s OP Mainnet. L2Beat data shows that its TVL as of June 10 is $8.05This rapid ascent signals a major shift in the competitive landscape of Ethereum scaling solutions.Base, backed by Coinbase, is quickly establishing itself as a key player, offering users faster and cheaper transactions compared to the Ethereum mainnet.The surge in TVL reflects increasing user confidence and adoption of the platform, driven by its robust infrastructure, innovative DeFi protocols, and a thriving community.This remarkable achievement not only solidifies Base's position but also highlights the increasing importance of layer-2 solutions in scaling Ethereum and making DeFi accessible to a broader audience. Total value locked on the Ethereum layer-2 network Base has surpassed $8 billion only days after overtaking Optimism s OP Mainnet.surpassed OP Mainnet as the largest chain within the Superchain ecosystem last week and is now the second-largest Ethereum scaler in TVL, trailing Arbitrum One s $18.27 billion.It also leads all EthereumWhat are the factors driving this explosive growth, and what does it mean for the future of DeFi?Let's dive in and explore the details behind Base's impressive performance.

Understanding Base and Its Rise to Prominence

Base is an Ethereum layer-2 (L2) network built on the OP Stack, a modular and open-source framework for building L2 blockchains.Developed by Optimism, the OP Stack enables Base to leverage the security and decentralization of Ethereum while offering significantly lower transaction fees and faster processing times.This makes Base an attractive platform for DeFi applications and users looking to avoid the high costs and slow speeds associated with the Ethereum mainnet. The total value locked (TVL) on the Ethereum layer-2 network Base has surpassed $8 billion days after overtaking Optimism s OP Mainnet. L2Beat data shows that its TVL as of June 10 is $8.05 billion, including $2.14 billion of canonically bridged value assets locked on Ethereum to be represented oThe network's close ties to Coinbase, a leading cryptocurrency exchange, have undoubtedly contributed to its rapid adoption, providing users with easy on-ramps and off-ramps for their assets.

Key Features of Base

Low Transaction Fees: Base offers significantly lower transaction fees compared to Ethereum mainnet, making it more affordable for users to interact with DeFi applications.
Fast Transaction Speeds: Transactions on Base are processed much faster than on Ethereum, providing a smoother user experience.
EVM Compatibility: Base is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily deploy existing Ethereum smart contracts to the network.
Backed by Coinbase: Base benefits from the support and resources of Coinbase, a leading cryptocurrency exchange, providing users with seamless on-ramps and off-ramps for their assets.
Open-Source and Modular: Built on the OP Stack, Base is an open-source and modular platform, allowing for customization and future development.

The $8 Billion Milestone: A Deep Dive into the Numbers

The surge to $8 billion in TVL is a significant milestone for Base, demonstrating its growing popularity and the increasing confidence users have in the platform.According to data from L2Beat, as of June 10, Base's TVL stood at $8.05 billion.This figure includes $2.14 billion in canonically bridged value assets locked on Ethereum to be represented on Base and $5.92 billion in natively minted assets. Base TVL surges to $8 billion, surpassing OP Mainnet in a remarkable achievement. Discover the factors driving this growth and what it means for the future of decentralized finance. Base's TVL surged to $8 billion just days after surpassing OP Mainnet, marking a significant milestone.This breakdown indicates a healthy mix of assets being transferred from Ethereum and new assets being created and used directly on the Base network.

This achievement places Base as the second-largest Ethereum scaler in terms of TVL, trailing only Arbitrum One, which currently holds a TVL of around $18 billion.While Arbitrum remains the dominant player, Base's rapid growth suggests it is quickly closing the gap and poised to become a major contender in the L2 space.The speed at which Base has achieved this level of TVL, surpassing OP Mainnet in the process, is particularly noteworthy and speaks to the platform's strong value proposition and the effectiveness of its growth strategies.

Factors Driving Base's Explosive TVL Growth

Several key factors have contributed to Base's impressive TVL growth:

Coinbase's Support: The backing of Coinbase has been instrumental in Base's success.Coinbase's large user base and brand recognition have helped to attract users and developers to the platform. Total value locked on the Ethereum layer-2 network Base has surpassed $8 billion only days after overtaking Optimism s OP Mainnet. L2Beat data showsThe exchange has also integrated Base into its products, making it easy for users to deposit and withdraw funds.
Thriving DeFi Ecosystem: Base has a rapidly growing DeFi ecosystem, with a wide range of applications, including decentralized exchanges (DEXs), lending platforms, and yield farms.These applications attract users by offering opportunities to earn rewards and participate in innovative financial products.
Low Fees and Fast Transactions: As mentioned earlier, Base's low fees and fast transaction speeds are a major draw for users who are tired of the high costs and slow speeds of the Ethereum mainnet. Related: Base TVL surges to $8B just days after overtaking OP Mainnet Ethereum and Arbitrum, followed by Polygon, previously dominated DEX trading activity, the data shows.This makes Base an attractive platform for everyday transactions and DeFi activities.
EVM Compatibility: The EVM compatibility of Base makes it easy for developers to migrate existing Ethereum smart contracts to the network, allowing them to quickly build and deploy applications. Total value locked on the Ethereum layer-2 network Base has surpassed $8 billion only days after overtaking Optimism s OP Mainnet. L2Beat data shows its TVL as of June 10 is now at $8.05 billion, including $2.14 billion of canonically bridged value assets locked on Ethereum to be represented on Base and $5.92This has contributed to the rapid growth of the Base ecosystem.
Community Engagement: Base has a strong and active community of developers and users who are passionate about the platform.This community plays a vital role in promoting Base and contributing to its growth.

Base vs.OP Mainnet: A Comparative Analysis

The fact that Base has overtaken OP Mainnet in terms of TVL is a significant event in the Ethereum scaling ecosystem.While both platforms are built on the OP Stack, they have different focuses and strategies. Base TVL surges to $8B just days after overtaking OP Mainnet. ١٠/٠٦ ١٢:٤٢OP Mainnet is a more general-purpose L2 network, while Base is more closely aligned with Coinbase and its user base.This difference in focus has likely contributed to Base's faster growth, as it has been able to leverage Coinbase's resources and marketing efforts to attract users.

Furthermore, Base has consistently topped Ethereum layer-2 leaderboards in terms of transaction count and has been the most profitable Ethereum scaler for several consecutive months. Whole worth locked on the Ethereum layer-2 community Base has surpassed $8 billion solely days after overtaking Optimism s OP Base TVL surges to $8B just days after overtaking OP Mainnet - The Blockchain PageThis indicates that Base is not only attracting users but also generating significant revenue, making it a sustainable and viable platform for the long term.

The Impact on the Decentralized Finance (DeFi) Landscape

Base's surge in TVL has significant implications for the DeFi landscape. The Ethereum layer-2 network, Base, has exceeded $8 billion in total value locked (TVL), recently overtaking Optimism s OP Mainnet. L2Beat data reveals a TVL of $8.05 billion by June 10, comprising $2.14 billion bridged value and $5.92 billion in native assets. Base, supported by Coinbase, is now Ethereum s second-largest scaler, trailing Arbitrum One. With the [ ]By offering a faster and cheaper alternative to Ethereum, Base is making DeFi more accessible to a broader audience. Total value locked on the Ethereum layer-2 network Base has surpassed $8 billion only days after overtaking Optimism s OP Mainnet. L2Beat data shows its TVL as of June 10 is now at $8.05 billion, including $2.14 billion of canonically bridged value assets locked on Ethereum to be represented on Base and $5.92 billion in natively minted assets.The Coinbase-supported chainThis could lead to increased adoption of DeFi and the development of new and innovative financial products.

Moreover, Base's success is likely to encourage other organizations to build their own L2 networks on the OP Stack. Base TVL surges to $8B just days after overtaking OP Mainnet. 10/06 . Base has topped Ethereum layer 2 leaderboards by transaction count and has been the mostThis could lead to a proliferation of L2 solutions and a more competitive landscape, ultimately benefiting users by driving down fees and improving performance. 139K subscribers in the kucoin community. Find the next crypto gem on www.kucoin.com, People's Exchange.The competition among L2 networks will also foster innovation, as each platform strives to offer unique features and benefits to attract users and developers.

Potential Challenges and Future Outlook for Base

While Base has achieved significant success in a short period, it also faces potential challenges:

Competition: The L2 landscape is becoming increasingly crowded, with a growing number of platforms vying for users and developers. Total value locked on the Ethereum layer-2 network Base has surpassed $8 billion only days after overtaking Optimism s OP Mainnet. L2Beat data shows its TVL as of June 10 is now at $8.05 billion, including $2.14 billion of canonically bridged value assets locked on Ethereum to be represented on Base and $5.92 billion in natively minted assets.Base will need to continue to innovate and differentiate itself to stay ahead of the competition.
Security Risks: As with any blockchain network, Base is susceptible to security risks, such as hacks and exploits.The platform will need to maintain a strong focus on security to protect user funds and prevent disruptions.
Centralization Concerns: Due to its close ties with Coinbase, some critics have raised concerns about the centralization of Base. Base TVL surges to $8B just days after overtaking OP Mainnet. . Base has topped Ethereum layer 2 leaderboards by transaction count and has been the mostThe platform will need to address these concerns by increasing decentralization and promoting community governance.

Despite these challenges, Base is well-positioned for continued growth and success. Total value locked on the Ethereum layer-2 network Base has surpassed $8 billion only days after overtaking Optimism s OP Mainnet. L2Beat data shows its TVL as of June 10 is now at $8.05 billion, including $2.14 billion of canonically bridged value assets locked on Ethereum to be represented on Base and $5.92 billion in natively mintedThe platform has a strong foundation, a supportive community, and a clear vision for the future. OPUSD Optimism Base TVL surges to $8B just days after overtaking OP Mainnet. Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler forWith its low fees, fast transactions, and growing DeFi ecosystem, Base is poised to become a major player in the Ethereum scaling ecosystem and a key driver of DeFi adoption. The Ethereum layer-2 network Base has seen its total value locked (TVL) surpass $8 billion, achieving this milestone just days after overtaking Optimism s OP Mainnet. This remarkable growth solidifies Base s position as a leading player in the Ethereum scaling ecosystem. According to data fromThe integration with Coinbase provides a unique advantage, allowing for seamless onboarding of new users and access to a vast pool of potential customers.

Practical Applications and Use Cases on Base

Base provides a fertile ground for a wide array of DeFi applications. 4 likes, 0 comments - reallive3tv on J: Base TVL Surges To $ 8 bn Just Days After Overtaking OP Mainnet . Check out our Website for more information Link in Bio . live3tv 3verse crypto metaverse Web3 blockchain blockchains web3news bitcoin Base TVL OP .Here are some practical use cases that thrive on the platform:

Decentralized Exchanges (DEXs): Base's low fees make it ideal for DEX trading.Platforms like Uniswap and SushiSwap have deployed on Base, offering users a cost-effective way to swap tokens.
Lending and Borrowing: Protocols such as Aave and Compound can leverage Base to provide lending and borrowing services with lower fees, attracting more users to participate in these activities.
Yield Farming: Base is becoming a popular platform for yield farming, where users can earn rewards by staking their tokens. Spot Trade . Buy Sell 450 cryptos. Rewards Program . Rewards . Redeem Earn free cryptoThe lower transaction costs make it more profitable to participate in these farms.
NFT Marketplaces: The reduced gas fees on Base make it an attractive platform for NFT marketplaces. News that are related to the article cointelegraph.com: Base TVL surges to $8B just days after overtaking OP Mainnet from papers and blogs.Artists and collectors can buy, sell, and trade NFTs without incurring exorbitant transaction costs.
Payment Solutions: Base can be used to facilitate fast and cheap payments, making it a viable option for merchants and consumers.

How to Get Started with Base

Interested in exploring Base?Here's a simple guide to get you started:

Choose a Wallet: Select a compatible wallet like MetaMask or Coinbase Wallet.
Bridge Funds: Use a bridge like the official Base bridge or other third-party bridges to transfer ETH or other tokens from Ethereum to Base.
Explore DeFi Applications: Visit popular DEXs, lending platforms, or yield farms on Base to start interacting with the ecosystem.
Stay Informed: Keep up-to-date with the latest developments and opportunities on Base by following the project's official channels and community forums.

The Future of Ethereum Scaling: What's Next?

Base's success highlights the importance of layer-2 scaling solutions in the future of Ethereum. Related:Base TVL surges to $8B just days after overtaking OP Mainnet Ethereum and Arbitrum, followed by Polygon, previously dominated DEX trading activity, the data shows. Arbitrum remains theAs Ethereum continues to evolve and address scalability challenges, L2 networks like Base will play an increasingly crucial role in making DeFi accessible to a wider audience.The development of innovative technologies like zero-knowledge proofs (ZK-rollups) and further improvements to the OP Stack will likely lead to even more efficient and scalable L2 solutions. Base TVL surges to $8B just days after overtaking OP Mainnet. By cointelegraph.com on J. Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months.This will pave the way for a more decentralized, accessible, and affordable financial system.

Frequently Asked Questions (FAQs)

What is Total Value Locked (TVL)?

TVL represents the total value of assets deposited in a DeFi protocol or network. This milestone was achieved just days after Base surpassed Optimism s OP Mainnet in terms of TVL. Data from L2Beat reveals that as of June 10, Base s TVL stands at $8.05 billion. This figure includes $2.14 billion in canonically bridged value assets locked on Ethereum that are represented on Base and $5.92 billion in natively minted assets.It's a key metric for measuring the popularity and adoption of a platform.

What is the OP Stack?

The OP Stack is a modular and open-source framework for building Ethereum layer-2 blockchains, developed by Optimism.It enables developers to create scalable and customizable L2 solutions.

Why is Base faster and cheaper than Ethereum?

Base is faster and cheaper than Ethereum because it processes transactions off-chain and then bundles them together before submitting them to the Ethereum mainnet. Related: Base TVL surges to $8B just days after overtaking OP Mainnet Ethereum and Arbitrum, followed by Polygon, previously dominated DEX trading activity, the data shows. Arbitrum remains the largest layer-2 blockchain with almost $17.2 billion in total value locked (TVL), well ahead of Base, which comes in second at just shy of $7.2 billionThis reduces congestion and lowers transaction fees.

What are the risks of using Base?

While Base is a promising platform, it's important to be aware of the risks, including security vulnerabilities, smart contract bugs, and potential centralization concerns.

How can I contribute to the Base ecosystem?

You can contribute to the Base ecosystem by developing applications, providing liquidity, participating in governance, and helping to educate others about the platform.

Conclusion: Base's Impact and the Future of DeFi

Base's remarkable surge in TVL to $8 billion, achieved just days after surpassing OP Mainnet, signifies a pivotal moment in the Ethereum scaling narrative. This achievement comes just days after Base overtook Optimism s OP Mainnet. According to the latest data from L2Beat, Base s TVL stands at $8.08 billion. This includes $5.92 billion inThis achievement underscores the growing importance of layer-2 solutions in making DeFi more accessible, affordable, and scalable.With its strong backing from Coinbase, a thriving ecosystem, and a commitment to innovation, Base is poised to remain a prominent player in the DeFi space.As the L2 landscape continues to evolve, Base's success serves as a testament to the potential of these technologies to transform the financial system.Keep an eye on Base – its journey is likely to be filled with further milestones and contributions to the decentralized future.Ready to explore the Base ecosystem?Consider bridging some assets and trying out the various DeFi applications available on the platform.Join the Base community and be part of this exciting journey!