Base

@base Onchain Daily Snapshot (11/07/2024)

Active Addresses: 976.77K (-12.01%)
Transaction Count: 7.37M (+4.24%)
Total Value Locked (TVL): $8.43B (+7.94%) - New All-Time High (ATH)
Stable TVL: $3.38B (-4.25%)
Revenue: $228.03K (-7.64%)
Paid to L1: $3.25K (-57.18%)
Onchain Profit: $224.78K (-6.07%)
Transaction Cost: $0.003 (reduced by -25%)

Activity Breakdown:

    Gas Fees and Transaction Count are largely driven by DeFi and Unlabeled transactions, with contributions from other categories like Token Transfers.

Summary:

On November 7, Base reached an ATH in TVL at $8.43B, highlighting increased liquidity and engagement, despite a reduction in active addresses. The lower stable TVL suggests a shift in liquidity preferences, while reduced payouts to Layer 1 and decreased transaction costs point to increased efficiency. This ATH demonstrates Base's growing prominence and competitive position within the Layer 2 ecosystem, appealing to both users and developers for its stability and scalability.

@jessepollak

🙂‍↔️Waiting for $ZK Season

🤔Did u accumulate in the dip? Let me know in comments

Base God

Everybody give a virtual head rub to Disciple @trippyseer who has fulfilled his bald list commitment by dehairing for our Lord.

Mint it: https://uplink.wtf/basegod/mintboard/0x4258e59f0cac167fd63b4a48592460add90ec487-8453/post/51/v2

Check out other pledges: basegod.fun/bald

Mint your domain as a supporter of TYBG https://get.unstoppabledomains.com/bald/

more than $1B of volume on @base yesterday

I just minted 1 verifiably random onchain die powered by anyrand VRF! Get yours at

I just minted 1 verifiably random onchain die powered by anyrand VRF! Get yours at https://dice.anyrand.com

Check your Optimism drop today guys!
https://app.optimism.io/airdrops

https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0xa01704E8ADe1bd95B8214a8edC569A0Efa326150?challengeId=6C7LWnMqgFy2gYirfkRJEn

Minted Doodles Certified Viral: Virtual Reality Check

Mint this NFT if you have not done already!

Mint this NFT if you have not done already! https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0xDFf7F56115568bcdd0E1F9DFdb73dD14EC83F6f7

A person with special interest in crypto and novel web3 products.

Pulasthi Lankarathna

@pulasthi07