Data

Base' low-cost transaction and affiliation with Coinbase make it a great choice for developers building consumer-focused products.

I've analyzed onchain data with @dune to high key metrics driving growth on @base
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1. Base TVL has surpassed $1.5 billion.

With growing interest and adoption on Base, approximately $1.503 billion worth of assets are locked across 50 protocols.

The growth in TVL can be attributed to major events like Uniswap V2 deployment, and ongoing "on-chain summer.

Base has maintained profitability since its launch, reaching a monthly high of $16.8M in March.

Even with the recent market downturn impacting its financials, 
@base remains profitable, maintaining a low cost of $28.7k, revenue of $4.42M, and closing June with a profit of $4.39M