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oxkft.base.eth
@oxkft
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This chart showing the Total Value Locked (TVL) across all blockchain networks. TVL represents the total capital deposited in DeFi protocols on each chain. Here’s what the chart conveys:
Ethereum dominates the TVL market with 53.15% of the total share, making it the leading blockchain for DeFi activity.
Other chains collectively hold 12.38%, indicating that many smaller blockchains contribute to the DeFi ecosystem.
Solana (7.65%), Bitcoin (6.04%), BSC (5.03%), and Tron (4.78%) are among the next biggest contributors.
@base has 2.96% of the total TVL, equating to $3.278 billion, as highlighted in the tooltip.
With $3.278 billion TVL, Base is gaining traction and is becoming a strong player in the DeFi ecosystem.
Even though its TVL is lower than Ethereum or Solana, Base has grown significantly, indicating adoption by DeFi users and protocols. 0 reply
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TVL (Total Value Locked): $3.129 billion (as of Feb 13, 2025)
Represented by the blue line, this indicates the total amount of funds locked in DeFi protocols on @base.
TVL has seen significant growth since mid-2023, with a major increase in early 2024.
Fees: $220.73k USD (on Feb 13, 2025)
Represented by the purple bars, this shows the daily fees generated by the network.
There was a major spike around April 2024, followed by a steady increase in fee activity.
Bridged TVL: Null (not available in this snapshot)
Normally, this would show how much value is bridged from other chains.
Trend Observations:
Early Growth Phase: From mid-2023 to early 2024, TVL was relatively low but stable.
Surge in Activity (Early 2024): TVL and fees spiked around March-April 2024, indicating increased adoption.
Sustained Growth (Late 2024 - 2025): TVL continued rising, reaching over $3 billion, with fluctuations
Fee Increase Correlates with TVL Growth: The more assets and transactions occur, the higher the network fees.
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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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