Base Surpasses $1 Billion TVL on Aave
Base, the Ethereum Layer-2 network fueled by Coinbase, reportedly joins the elite group of blockchain networks with over $1 billion in Total Value Locked (TVL) on Aave. The platform joins Ethereum, Arbitrum, and Avalanche in the $1B+ category of Aave.
> Base reaches $1.2 billion TVL on @aave. @base has joined @ethereum, @arbitrum, and @avax as the fourth network to surpass the $1B TVL milestone.
>
> Top 3 assets include $weETH, $ETH, and @coinbase’s $cbBTC.
> — CryptoRank.io (@CryptoRank_io) July 19, 2025
Through this strategic milestone, Base aims to cement its rapid rise in the DeFi landscape while developing strong investor trust in its ecosystem and infrastructure. This news was highlighted by CryptoRank.io, a crypto analytics and ranking platform, via its official X account.
Base to Boost DeFi Surge by Mixing its Assets
The wrapped staked Ethereum ($weETH) is one of the key assets driving Base’s growth on Aave, alongside native Ethereum ($ETH) and Coinbase’s tokenized Bitcoin ($cbBTC). By focusing on these assets, Base aims to significantly increase user participation and liquidity inflows.
This strategy strives to empower Base within the decentralized finance sector. The platform leverages its scalability, low gas fees, and direct Coinbase participation to emerge as a leading platform that benefits both DeFi developers and everyday users.
Base Ignites Revolution as a Major DeFi Contender
Ethereum remains the leader, boasting $48.9 billion TVL on Aave, while Base strengthens its foothold by making significant progress. Currently, Base ranks fourth after Arbitrum and Avalanche. It is becoming a crucial asset for upcoming DeFi projects due to its excellent transaction capabilities and asset diversity.
Base aims to attract both developer and institutional interest, solidifying its status as a central hub for the future of decentralized finance.
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