Base Surpasses Optimism in TVL 

The Total Value Locked (TVL) in Ethereum's second-layer network Base has exceeded $8 billion, surpassing Optimism's OP Mainnet. As of June 10, Base's TVL includes $2.13 billion in canonical value and $5.84 billion in native funds, according to L2Beat.

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According to Dune, Base has generated the highest fee revenue over the last three months, with a record $16.9 million in March. Despite a drop to $6.98 million in May, it still outpaced Arbitrum One, which earned $1.57 million. This revenue is likely driven by the hype around meme tokens.