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

Base God

bald

https://uplink.wtf/basegod/mintboard/0x4258e59f0cac167fd63b4a48592460add90ec487-8453/post/76/v2

🙂‍↔️Waiting for $ZK Season

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

Possible futures of the Ethereum protocol, part 3: The Scourge

https://vitalik.eth.limo/general/2024/10/20/futures3.html

(I tried my best to be fair to all sides of the debates here!)

When you feel the moonlight on your face, look at the sky, you will see me 🐉 || BLACK DRAGON || 2nd || 🐉

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

Get in Disciple, we’re going to bring the world onchain.

Get in Disciple, we’re going to bring the world onchain.

https://uplink.wtf/basegod/mintboard/0x4258e59f0cac167fd63b4a48592460add90ec487-8453/post/55/v2

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

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

Pulasthi Lankarathna

@pulasthi07