Base crosses $400M in TVL! They’ve managed to draw in ~$200M in TVL on Aerodrome’s launch. Aerodrome is a ve(3,3) DEX launched by Velodrome in collaboration with Base’s team. This instilled confidence in the protocol, resulting in a substantial capital inflow that quickly made it the largest protocol on Base today, boasting ~$170M in TVL.

Curve also launched on Base just a few days back, with rather attractive yields, which propelled it into one of the top 5 protocols by TVL.

As Base continues to attract mature and high-quality DeFi protocols, its abundant DeFi offerings will attract more users and capital. In a low-yield environment within DeFi, Base could position itself to be the next yield farming destination, akin to what we witnessed with Arbitrum.