Base total value locked hits new all-time high
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
On Base, the largest application is Aerodrome with a TVL of over $712 million. This protocol is also deployed on Optimism, however, with $147.01 million in value locked. The other intersecting application in the top five for both Optimism and Base is Uniswap. Again, the TVL of Uniswap on Base is $314 million, while that of Optimism comes in at $73.97 million.
The OP Stack ecosystem itself is bigger than the duo of Base and Optimism, with other DeFi, gaming and media protocols designed using the technology. Popular examples on this front include opBNB, Farcaster and Zora Network, among others. While each of these protocols has recorded impressive growths over the past year, Base remains in the lead, per current data.and its recognition on the market, the protocol still faces significant backlash from critics. Most of the conversation in this regard hinges on the emergence of meme coins with a very short shelf life.Activities on Base have often forced network congestion that generally leads to a halt in the Coinbase ecosystem as a whole.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vernestra's Biggest Strength Is Also Her Biggest WeaknessRebecca Henderson as Vernestra Rwoh in The Acolyte
Read more »
Why Washington Commanders Biggest Offseason Addition Was To The Front OfficeESPN Names Washington Commanders Biggest Addition, Needs, & Biggest Surprise Heading Into 2024
Read more »
4 Burning Browns Questions Including: How Will Ken Dorsey Deploy Jerry Jeudy?After a long weekend OTAs resume in Berea as the calendar flips to June.
Read more »
Arkansas Razorbacks add combination of size and speed with new commitmentThe Hogs’ newest signee flips pledge from Army-West Point
Read more »
Driver hurt as SEPTA bus flips over after crashing off Blue RouteAn out-of-service Route 129 SEPTA bus wound up flipped over off the Blue Route in Montgomery County, Pennsylvania, after SEPTA said the driver lost control…
Read more »
Hollywood flips the script in the new movie 'Ezra''Ezra' is a road trip movie, a movie about fathers and sons.Bobby Cannavale plays the father Max, and he hasn't quite figured out what his son Ezra's autism diagnosis means for their life together.The movie draws on the real experiences of screenwriter Tony Spiridakis. William A. Fitzgerald, who plays Ezra.
Read more »