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Last updated: June 18, 2025, 12:46  |  Written by: Sam Bankman-Fried

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Coinbase’s L2 Base hosts 80% of Uniswap’s active traders, displacing Ethereum mainnet and Arbitrum. Base processes nearly 42 TPS, surpassing competitors.

Back in Q1 2025, Coinbase announced the testnet launch of its native Ethereum layer 2 network, Base. The

Coinbase’s layer-2 network is being constructed in collaboration with Optimism, known for its use of Optimistic Rollups to help scale Ethereum. Base uses

Coinbase: Base is 80% Ready for Mainnet Launch - cryptorank.io

Coinbase's Ethereum Layer-2 Network Base Preps for Mainnet

Coinbase L2 Base hosts 80% of active Uniswap traders

Coinbase layer-2 network Base now live on Ethereum

Coinbase: Base is 80% Ready for Mainnet Launch - watcher.guru

Introducing Base - Coinbase

Coinbase

Coinbase Layer 2 Base Mainnet Launch Date Announced - Crypto

Coinbase’s new layer 2, Base, is getting closer mainnet launch following six long months of security audits, the Base team said they’ve drawn confidence from finding no

Coinbaselayer-2 networkBasecloses in onmainnet launch

Coinbase

Coinbase, the largest publicly traded crypto exchange based in the US, revealed its plans to open mainnet for the public, starting August 9. Built on the OP stack in

Coinbase's L2 network, Base, is almost ready for mainnet launch. According to a recent update, 80% of the boxes have already been checked.

Sam Bankman-Fried can be reached at [email protected].

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