Overview

Click to expand overview
Coinbase’s L2 Base hosts 80% of Uniswap’s active traders, displacing Ethereum mainnet and Arbitrum. Base processes nearly 42 TPS, surpassing competitors. Coinbase's L2 network, Base, is almost ready for mainnet launch. According to a recent update, 80% of the boxes have already been checked. Coinbase’s layer-2 network is being constructed in collaboration with Optimism, known for its use of Optimistic Rollups to help scale Ethereum. Base uses Coinbase’s new layer 2, Base, is getting closer mainnet launch following six long months of security audits, the Base team said they’ve drawn confidence from finding no Coinbase, the largest publicly traded crypto exchange based in the US, revealed its plans to open mainnet for the public, starting August 9. Built on the OP stack in Back in Q1 2025, Coinbase announced the testnet launch of its native Ethereum layer 2 network, Base. The

Coinbase's Ethereum L2 Base: 80% Ready for Mainnet Launch - August 9th Go-Live?

Exciting news for the Ethereum ecosystem! Coinbase's L2 network, Base, is almost ready for mainnet launch. According to a recent update, 80% of the boxes have already been checked, pointing towards a potential public launch on August 9th, as revealed by Coinbase, the largest publicly traded crypto exchange based in the US.

Base: Scaling Ethereum with Optimism and Surpassing Competitors

Coinbase’s layer-2 network is being constructed in collaboration with Optimism, known for its use of Optimistic Rollups to help scale Ethereum. Built on the OP stack in, Base promises faster and cheaper transactions. In fact, Base processes nearly 42 TPS, surpassing competitors, showcasing its efficiency and potential.

Base Dominates Uniswap Activity

The impact of Base is already being felt. Coinbase’s L2 Base hosts 80% of Uniswap’s active traders, displacing Ethereum mainnet and Arbitrum. This significant shift highlights the growing adoption and importance of Base within the DeFi landscape.

Security Audits and Mainnet Confidence

Coinbase’s new layer 2, Base, is getting closer to mainnet launch following six long months of security audits. The Base team said they’ve drawn confidence from finding no major vulnerabilities, demonstrating their commitment to a secure and reliable platform. Back in Q1 2025, Coinbase announced the testnet launch of its native Ethereum layer 2 network, Base.

Stay tuned for further updates on the mainnet launch of Coinbase's Base and its potential to revolutionize the Ethereum ecosystem!

Top Sources

Related Articles