Base - Recent articles
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![Rising Dominance Of Arbitrum and Base Defies Liquidity Fragmentation Narrative](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fc43533ae2555e857b88bc6ca8e8c2d4a42a0e83c-1792x1024.webp&w=828&q=75)
Rising Dominance Of Arbitrum and Base Defies Liquidity Fragmentation Narrative
Base and Arbitrum account for half of the TVL, active addresses, DEX volume, and transactions on Layer 2s, while roughly 10 networks account for more than 90%.
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![hands exchanging money and coins](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Ff1ce391d59bd6ce435d3f988725e3f1437317323-1792x1024.webp&w=828&q=75)
Moonwell Launches Two New Vaults On Morpho Blue
The largest lending protocol on Base is adding WETH and USDC lending vaults.
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![Base Network Surpasses Binance Chain in Active DEX Users](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fc2f1f301a667c7527fc0826607821d82b0d299f1-1792x1024.png&w=828&q=75)
Base Network Surpasses Binance Chain in Active DEX Users
Most DEX users on the Base network come from Uniswap.
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![chart hitting an all-time high](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fa46a48827ce5592d8fca60722934cc9dcc1f635d-1792x1024.webp&w=828&q=75)
Base Ecosystem TVL Hits All-time High
Activity on Ethereum Layer 2 network Base is surging ahead of Coinbase’s smart wallet release.
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![Base Unveils Second Onchain Summer Hackathon](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fcb8d742e4f18489ff24c9998364d1a22414a61f7-1792x1024.webp&w=828&q=75)
Base Unveils Second Onchain Summer Hackathon
Base will offer up to $2 million in rewards and incentives to builders during the campaign.
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![image depicting a financial incentives program](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F6a77b6acd511c5ab50380722e8a39f18f72bb21b-1792x1024.webp&w=828&q=75)
Optimism Offers $22M in Grants to Superchain Builders
The Optimism Collective is launching its Retro Funding Round 4 on May 23.
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![Nearly 70% of Base Is Used By Project of ‘Questionable’ Utility](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F7e3e536529af3444997b88a6260177c630f19ffe-1792x1024.png&w=828&q=75)
Nearly 70% of Base Is Used By Project of ‘Questionable’ Utility
XEN is monopolizing most of the network’s resources, as it did in October 2022 on Ethereum.
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![Safe and Base Team Up To Promote Ethereum Smart Accounts](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F96cc3b64cbba5cc13a64a34a21a30b6e283cab78-1792x1024.webp&w=828&q=75)
Safe and Base Team Up To Promote Ethereum Smart Accounts
Base offers up to 1 ETH in gas rebates for smart account developers.
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![Synthetix Launches Perpetuals On Base](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fff3b8c89bf5b87e4f24a307d797185a1f4a6443f-1792x1024.png&w=828&q=75)
Synthetix Launches Perpetuals On Base
The DAO is billing the release of Synthetix Perps V3 as the “first major perpetuals protocol” on Coinbase’s Layer 2 network.