Base, an Ethereum Layer 2 network developed by Coinbase, has achieved a new milestone by becoming the largest chain within the Superchain ecosystem, boasting a total value locked (TVL) of $1.7 billion. This represents a 20% growth since May, pushing it ahead of OP Mainnet in the rankings.
Layer 2 Growth Highlights Innovation and Efficiency
According to recent DeFiLlama data, Base not only topped OP Mainnet but also secured a spot among the top three Layer 2 networks by deposits, following Arbitrum and Blast with $3.81 billion and $2.26 billion in TVL, respectively.
This growth has been fueled by substantial contributions from leading decentralized exchanges like Aerodrome and Uniswap, which hold $714 million and $312 million in deposits. These networks, using optimistic rollups, enhance Ethereum’s scalability by handling transactions off-chain and verifying them on-chain only as needed.
This system assumes transactions are valid unless a fraud-proof challenges their integrity, a method that contrasts sharply with the preemptive security checks used by zero-knowledge rollups.
Also Read: Linea Exploit Reveals Decentralization Flaws in Ethereum L2s
