Base, developed by Coinbase, is demonstrating leadership among Ethereum Layer 2 solutions in terms of revenue and activity. Key factors contributing to its success are DEX trading and MEV strategies.
Key Facts about Base
Base, an Ethereum Layer 2 solution developed by Coinbase, is currently leading the charge in both revenue and decentralized exchange (DEX) activity. As of 2025, Base has achieved significant results by capitalizing on unique market opportunities and technical features.
Evidence of Success
Base has demonstrated exceptional financial performance, reporting $15.5 million in cumulative fees this year, which significantly outpaces competitors like Arbitrum. Its dominance in DEX trades and Maximum Extractable Value (MEV) strategies has positioned it as the highest daily revenue generator among Ethereum L2s.
Expert Commentary
Bryan Armstrong, the CEO of Coinbase, previously emphasized the importance of Layer 2 scaling for expanding user involvement in cryptocurrency, stating that 'Layer 2 scaling is key to onboarding the next billion crypto users.'
Base's dominance in decentralized exchanges and MEV strategies positions it as a leader among Ethereum Layer 2s. Community support and technical innovations further strengthen Base's market position.
