Coinbase's Layer 2 protocol, Base, has made significant strides in the DeFi sphere, crossing a $1 billion threshold in DEX volume.

This milestone underscores the protocol's quick ascent in the decentralised finance space.

With a robust engagement demonstrated by over 200,000 daily users and a total value locked reaching $3 billion, Base's impact is noteworthy.

This rapid growth positions Base as a formidable player in the DeFi world, with a notable contribution from Uniswap driving its success.