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This chart from tracks the monthly revenue of the @base blockchain (Coinbase’s Layer 2 network) in USD. Revenue in this context likely refers to the fees collected from transactions, DeFi protocols, and other on-chain activities.
Breaking Down the Chart:
Revenue Growth Over Time:
From mid-2023 to early 2024, Base’s revenue was relatively low and stable, with only small spikes.
A massive revenue spike happened around March-April 2024, reaching the highest point on the chart (~$20M+ in a single month).
After that, revenue declined during mid-2024 but started recovering in the second half of the year.
By late 2024 and early 2025, Base’s revenue consistently remained high, with multiple months exceeding $10M-$15M.
Latest Data (February 2025):
On February 1, 2025, Base recorded $4.49 million in revenue.
Since February has just started, this number will likely increase as the month progresses. 1 reply
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