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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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