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How is liquidity flowing on @base?
In which protocols/category are assets being used/locked?
We analysed some of the ERC20 tokens with higher onchain market cap on Base to understand this (WETH, USDC, wstETH, cbBTC, cbETH, EURC, AERO, DEGEN).
WETH with ~$ 590M of onchain market cap, has ~65% of supply on DEXs and 16% on Lending protocols.
The majority of the supply is on LPs on Aerodrome (46%) and on
Uniswap (15%). And on the Lending protocols it's split between Morpho (5,1%), Moonwell (4,1%) and Aave (2,3%).
wstETH with ~$100M in onchain market cap on Base has most of the supply on lending protocols (65% split between Morpho, Aave and Moonwell) with only 17% on DEXs.
Check other assets on the Dune dashboard https://dune.com/sealaunch/base-major-assets 0 reply
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We just updated our L2 Rollups economics Dune dashboard to add new chains. Now compares L2 profitability of Arbitrum, Base, Blast, Scroll, zkSync Era, Optimism, Zora Network, Mantle and Linea.
In the last 90D, these chains generated $ 26M in onchain profit, with Base ($7,5M), Arbitrum ($6,8M) and Blast ($ 4M) generating ~70% of the profits.
In terms of L1 costs, Scroll generated 33% of the costs, followed by Base and Arbitrum.
Since Blob introduction, most of chains have a high onchain profit margin (above 90%), but Linea and Blast have the highest margins at ~97%.
Check the dashboard below
https://dune.com/sealaunch/rollups-profits?Select+Timeframe_e1d520=90&Select+Date+Granularity_e0e138= 0 reply
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There's $ 2,7M in Zora unclaimed protocol rewards.
When you create or collect on Zora you earn rewards (creator, first minter, mint referral and create referral).
The amount generated from rewards is aggregated into an escrow contract and can be withdrawn by users at any time.
Zora has generated 7,300 ETH in total rewards, and users have withdrawn 6,536 ETH. This means there's a total of rewards unclaimed by users of ~746 ETH ($2,7M).
There's 23 wallets with more than $20k to claim, 259 wallets with more than $500 to claim and 17,924 wallets with more than $5 to claim.
From our analysis, here's some examples of high rewards that aren't claimed:
- Companies that did a drop on Zora, but don't use the "corporate wallet" often to have visibility on the unclaimed rewards;
- Drops launched by multisigs that also don't have visibility on the UI of the unclaimed rewards;
- Rewards associated with Splits created on Zora. 1 reply
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