Cointime

Download App
iOS & Android

Base

ALL From Base

Compund Governance Proposal No. 250 is about to end, and it is planned to change the risk parameters of Base chain cUSDbCv3

According to Compund Governance's post on X, there is one day left until the end of the vote on Proposal 250, and the current number of voters has reached the required number. This proposal changes the risk parameters of cUSDbCv3 on the Base chain.

The total number of Base ecosystem users exceeds 9.1 million

According to Dune data, the number of Base ecosystem users is growing, with a total of 9,107,872 users counted as of 0:00 on May 16.

The total gas consumption on the Base chain exceeds 10,000 ETH

According to the blockchain analysis platform Dune Analytics, the total gas consumption on the Base chain has exceeded 10,000 ETH, reaching 10,839.5062 ETH at the time of writing (equivalent to over $33.6 million at current prices). The average gas usage amount is about $0.1754 per transaction (0.000059661 ETH), and the total number of blocks has reached 13.41 million, with an average transaction volume of about 14.63 transactions per block. In addition, the data shows that the total transaction volume on the Base chain has exceeded 196.2 million, with over 8.366 million users and over 184 million user transactions at the time of writing. Furthermore, the total number of contracts created on the Base chain has exceeded 64 million, reaching 64,056,573 in the current period.

Proofs.Money, an on-chain open banking solution, will be launched on Base

Plaid and Sign Protocol collaborated to launch the Proof.Money on-chain open banking solution, which will be piloted on Base. This collaboration introduces the innovative concept of "unified financial identity", allowing on-chain users to generate unified financial reports and detailed information that can be used in both on-chain and off-chain environments.

Base announces Onchain Summer II with $2 million in rewards

According to official sources, Base has announced the launch of Onchain Summer II, inviting builders, creators, brands, and artists to participate in its creation. Starting from June 3rd and ending in August, Base and its partners will offer over 600 ETH (2 million USD) in prizes, grants, and gas points. Interested users can submit their projects for a chance to showcase them at Onchain Summer.

Base Ecosystem Blockchain Game Fren Pet Releases New Version, Supports Payment with ETH

On April 27th, Fren Pet, a Base ecosystem game, officially released a new version that provides a 10x Bonk experience, supports payment with ETH (officially responsible for FP exchange), and introduces a new Bonk reward distribution and system. Additionally, players can use a new loot box to enhance their pet's attributes.

Base TVL exceeded 5.4 billion US dollars, an increase of 15.07% in 7 days

According to L2BEAT data reported by Jinse Finance, Base TVL has surpassed $5.4 billion and is now at $5.47 billion, with a 15.07% increase in the past 7 days. Ethereum TVL has rebounded to $43.14 billion, with a 2.4% increase in the past 7 days.

Is Base Really Based?

With the catalyst of Farcaster & $DEGEN mania, Base has delivered the fastest growth in the last few months. In this post, I'll take a dive on onchain data to check up on the pulse of Base eco
Is Base Really Based?

The total gas consumption on the Base chain has exceeded 9,000 ETH

According to the blockchain analysis platform Dune Analytics, the total gas consumption on the Base chain reached 9,403.6265 ETH, with an average gas usage cost of about $0.1831 (0.000063561 ETH). The total number of blocks reached 12.88 million. In addition, the data shows that the total transaction volume on the Base chain has exceeded 160 million, with over 7.275 million users and over 150,060,781 user transactions at the time of writing.

L2 network Base TVL exceeds 4.5 billion US dollars, setting a new record

According to data from L2BEAT, the total value locked (TVL) in the L2 network Base has exceeded $4.5 billion, currently at $4.52 billion, reaching a new historical high with a 7-day increase of 22.38%, as reported by Jinse Finance.