According to L2BEAT data, Base network's TVL is $557 million, with a growth rate of 25.16% in the past week. Among them, the native minting token USDC minted a total of 158,966,553.08 tokens (approximately $159 million), with a growth rate of 467.32%.

According to DefiLlama data, friend.tech is the largest revenue-generating application on Base and the second-largest application in all cryptocurrencies. At the current rate, its annual revenue is expected to reach $180 million. So far, the platform has charged users a total fee of nearly $40 million.

Layer 2 network Base under Coinbase announced the introduction of an open-source monitoring system for the Optimism ecosystem called Pessimism, which can identify protocol threats and security vulnerabilities specific to networks created using the OP stack and other EVM compatible chains. It is reported that the Pessimism system includes three main subsystems: ETL subsystem, risk engine, and alerts, which together can parse, analyze, and flag potential security issues.

Coinbase's L2 network, Base, has announced the open-source monitoring system, Pessimism, aimed at helping to secure all OP Stack and EVM-compatible chains. Since its launch, the Coinbase team has been internally running Pessimism to monitor the Base mainnet. Base states that, in the spirit of contributing to the public good, Pessimism will be open-sourced as free and unlicensed software under permission from MIT.

Coinbase's Layer 2 blockchain platform, Base, set a new record for daily transactions on September 14, 2023, with 1.88 million transactions. This surpassed the combined figures of its competitors, Arbitrum and Optimism.

Base stated in its official tweet that its transaction speed reached 21.29 TPS per second, which is twice as fast as ZkSync and four times as fast as Arbitrum. In addition, Base's 24-hour transaction volume exceeded all Layer 2 on September 14, processing 1.88 million transactions in less than a day.

According to L2BEAT data reported, the total value locked (TVL) in the Base network is currently $390 million, with a 7-day increase of 6.64%, ranking third.

On September 8th, Coinbase's L2 blockchain, Base, announced that its ecosystem fund, Base Ecosystem Fund, has completed investments in six projects: Avantis, a synthetic derivative protocol based on an oracle; BSX, a decentralized limit order book; Onboard, an on-chain self-custody service (with a $1.9 million investment); OpenCover, an L2 insurance aggregator (with a $4 million seed round investment) in collaboration with underwriters such as Nexus Mutual; Paragraph, an on-chain creator platform; and Truflation, an on-chain financial oracle. Base stated that it will collaborate with these teams to promote the development of the Base ecosystem and bring more builders and users onto the chain.

On September 8th, according to Cointelegraph, Aave, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch, and RWA.xyz have formed the Tokenized Asset Alliance (TAC) and become its founding members. However, any organization that agrees with the vision of "creating a unified financial system on the blockchain" can join the TAC charter.