Base

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