Base pulls in $4.7 billion in net inflows since January 1
- —Base recorded $4.7 billion in net inflows year-to-date
- —TVL peaked at $6.2 billion on September 22, now around $6.4 billion
- —Stablecoin market cap on Base is $5.2 billion, with USDC at 84%
- —Coinbase's tokenized stocks on Base see $71 million in daily volume
Why it matters: Base's growth intensifies L2 competition, but its heavy reliance on USDC concentrates liquidity risk in a single issuer.
Source: Crypto Briefing