Ecosystem
Coinbase's Layer 2 on Ethereum. The cheapest fees, the fastest growing ecosystem of 2026, and the easiest on-ramp from a centralised exchange.
Base is Coinbase's Ethereum L2 -- sub-cent fees, instant transactions, and the easiest CEX-to-DeFi onramp in crypto. If you use Coinbase, you're one click from on-chain.
Base is an Ethereum Layer 2 built by Coinbase. It uses Optimistic Rollup technology (OP Stack) to give you all the security of Ethereum but with fees under $0.01 and near-instant transactions. What makes Base unique is the Coinbase connection -- you can move funds directly from your Coinbase account to Base with zero bridging friction. It has a rapidly expanding ecosystem of DeFi protocols, social apps, and developer tools, making it a top-tier destination for both retail and institutional DeFi users. If you already use Coinbase, Base is the easiest way into on-chain DeFi.
Base has the easiest onboarding of any ecosystem -- especially if you already use Coinbase.
If you have a Coinbase account, you can withdraw ETH or USDC directly to Base. Select "Base" as the network when withdrawing. No bridge needed -- funds arrive in under a minute.
If your funds are on Ethereum, Arbitrum, or another chain, use a bridge to move ETH or USDC to Base. Fast, cheap, and takes under 2 minutes.
Use MetaMask, Coinbase Wallet, or Rabby. Add the Base network (most wallets auto-detect it). Once your funds arrive, you're ready to explore.
Pro tip: Withdrawing from Coinbase directly to Base is completely free -- no gas, no bridge fees. This is the cheapest way to get on-chain in all of crypto. Skip bridges entirely if you have a Coinbase account.
The dominant DEX on Base. ve(3,3) model with deep liquidity and strong incentives for LPs. The trading hub of the ecosystem.
aerodrome.finance →The leading lending protocol on Base. Deposit ETH, USDC, or cbETH to earn yield, or borrow against your assets at competitive rates.
moonwell.fi →Leveraged yield farming on Base. Amplify your LP returns with up to 3x leverage on supported pools.
extra.finance →Coinbase's self-custody wallet with native Base integration. Seamless transfers from Coinbase exchange and built-in DApp browser.
coinbase.com/wallet →Social finance app built on Base. Buy and sell "keys" tied to people's profiles. Pioneered the SocialFi category on-chain.
friend.tech →Optimised lending protocol offering better rates than traditional pool-based models. Growing rapidly on Base with institutional-grade vaults.
morpho.org →Current yield, farming, and launches worth knowing about. Updated manually -- we only list what we'd actually look at ourselves.
Provide liquidity to top pairs on Aerodrome. Earn AERO emissions + trading fees. Some stablecoin pairs yield 15-30% APR.
Deposit USDC on Moonwell for low-risk lending yield. Rates fluctuate with demand but typically 5-10% APY.
Base is growing fast -- new protocols launching weekly. Early usage of pre-token protocols may qualify for future airdrops.
Hold Coinbase's liquid staked ETH (cbETH) and put it to work in DeFi on Base -- earn staking yield plus DeFi yield on top.
Coinbase dependency. Base is built and operated by Coinbase. If Coinbase faces regulatory action, it could impact the chain. There's no independent governance -- Coinbase controls the sequencer.
Sequencer centralisation. Like most L2s, Base uses a single sequencer run by Coinbase. If it goes down, transactions halt until it's restored. No decentralised fallback exists yet.
No native token. Base has no native token and has said they won't launch one. This means no airdrop for the chain itself (though individual protocols on Base may have tokens).
Fast growth = unvetted projects. The rapid ecosystem growth means many new protocols launch without thorough audits. Stick to established projects and be cautious with new launches.
Get notified when we add new ecosystems, update yield opportunities, or spot something worth acting on.