Aerodrome WETH/USDC pool handled 32% of adjusted USDC transfer volume on Base
- —The Aerodrome WETH/USDC pool processed $6.4 trillion of the $20 trillion in USDC transfers on Base over the year
- —In January 2026, USDC transfer volume in the pool exceeded $100 billion
- —About 80% of activity came from just 5 addresses
- —The number of USDC transfers above $100,000 rose from 50,000 to 450,000 per day
Why it matters: The data shows USDC is increasingly used as DeFi liquidity infrastructure rather than just for payments, but the concentration of activity in a single protocol poses risks to the Base ecosystem.
Source: TokenPost