Base surges past Solana as total value locked nears $400M

The overall value locked (TVL) on Coinbases layer 2 network Base has actually surged to $397.32 million in approximately a month and a half because launching in August. In contrast, Solanas TVL has actually reduced by 9.64% over that same time frame.Top 10 chains in terms of TVL. Decentralized exchange (DEX) Aerodrome Finance takes the top spot with a TVL of $97.83 million, while decentralized social media (DeSo) app Friend.tech ranks 2nd with a TVL of $36.53 million. Its TVL went on to reach as high as $200 million on Sept. 2, however the preliminary hype appears to have cooled considering that then, with the TVL decreasing by approximately 51% from its peak.

In contrast, Solanas TVL has actually decreased by 9.64% over that same time frame.Top 10 chains in terms of TVL. Decentralized exchange (DEX) Aerodrome Finance takes the leading area with a TVL of $97.83 million, while decentralized social media (DeSo) app Friend.tech ranks second with a TVL of $36.53 million. Its TVL went on to reach as high as $200 million on Sept. 2, nevertheless the initial hype appears to have actually cooled considering that then, with the TVL decreasing by roughly 51% from its peak.