Base

Base has announced a new **Builder Grant Program** designed to support active developers building on their platform. **What builders receive:** - Up to **$5,000 in seed capital** - Monthly go-to-market (GTM) and product feedback sessions - Faster technical support - Ecosystem support and resources The program aims to provide both financial backing and strategic guidance to help projects launch and grow on Base. Builders can access hands-on support beyond just funding, including regular feedback loops and prioritized technical assistance.

Morpho has reached a significant milestone with over $5 billion in total deposits on Base, according to an announcement by Merlin. The platform's growth on Base is notable as it approaches the size of Morpho's main instance on Ethereum. This represents substantial adoption of the lending protocol on the Layer 2 network. **Key context:** - Morpho's total deposits across all chains were approaching $12B as of August 2025 - The protocol leads DeFi on Base with $2.6B in deposits (as of August data) - Major exchanges Gemini and Bitpanda have integrated Morpho-powered earn features The rapid growth on Base demonstrates increasing user confidence in Layer 2 solutions for DeFi lending and borrowing activities.

**Base stands out in challenging market conditions** While most crypto ecosystems have struggled, Base has demonstrated resilience during the bear market. According to Jesse, Base is one of the few platforms where Total Value Locked (TVL) has actually **increased since 2025**. This growth trajectory sets Base apart from the broader market downturn, suggesting strong fundamentals and user adoption despite unfavorable conditions. The continued TVL expansion indicates sustained developer activity and user confidence in the Base ecosystem.

The Base Ecosystem Fund has officially opened its application process for startups building on the Base network. **Key Details:** - Applications are now being accepted at [base.org/ecosystem-fund](https://www.base.org/ecosystem-fund) - The fund targets startups seeking investment to build on Base - This represents a continued opportunity for developers and founders in the Base ecosystem Startups interested in funding should visit the application portal to learn more about eligibility requirements and the submission process.

Base has announced backing over 30 teams through their ecosystem fund, with plans to continue expanding support. This milestone follows their Base Batches program launched earlier in the year, which sought 15 elite teams to build next-generation onchain applications. **Key program benefits:** - Hands-on mentorship from world-class advisors - Access to capital through the Base Ecosystem Fund - Opportunity to pitch leading Silicon Valley VCs at Demo Day The initiative aims to accelerate development of applications on the Base network, positioning onchain as the evolution of online infrastructure.

Base has processed **$26.1 trillion** in stablecoin volume through August 2026, up from $17.5 trillion in 2025. This represents significant growth with 5 months remaining in the year. The increase continues the trajectory toward projected volumes of $719 trillion to $1.5 quadrillion by 2035. Despite high transaction volumes, approximately **99% remains speculative** activity rather than real-world spending - highlighting the gap between current usage and mainstream adoption.

The Base Ecosystem Fund has invested in over 30 teams working to rebuild financial systems onchain. **Key focus areas include:** - Tokenized assets and yield products - Stablecoins designed for emerging markets - Onchain credit infrastructure - Prediction markets - 24/7 foreign exchange and institutional trading platforms - Agentic commerce solutions The fund is actively supporting builders developing financial infrastructure on the Base network, spanning traditional finance reimagined for blockchain rails and novel onchain-native applications.

**Base has emerged as the dominant platform for the agentic economy**, processing 90% of all x402 transactions. - The network has facilitated over $50M in agent-driven service spending - More than 85% of this economic activity occurs on Base - x402 transactions represent autonomous agent-to-agent commerce This concentration of activity signals **Base's position as the infrastructure layer** for AI agents conducting onchain commerce. The platform's technical capabilities appear well-suited for the high-frequency, low-friction transactions that characterize agent-driven economies. The data suggests a clear network effect taking hold, with agents preferring Base for settlement and service payments.

Base has announced **B20**, a new Base-native token standard designed to enable universal tokenization of assets on the blockchain. **Key Features:** - Supports stablecoins, real-world assets (RWAs), and onchain-native tokens - Provides faster and cheaper settlement compared to existing standards - Enables structured settlement processes - Allows global financial assets to exist as programmable capital - Maintains full onchain composability benefits The B20 standard, introduced with the Base Beryl upgrade, aims to transform how assets are represented and traded onchain by offering an improved tokenization experience. This infrastructure positions Base as a platform for bringing traditional financial assets into the programmable blockchain ecosystem.

Base has introduced fixed rate loans to its blockchain platform. This development follows the network's previous milestone of securing $100 million in collateral for bitcoin-backed loans in April 2025. **Key Points:** - Fixed rate lending products now available on Base - Builds on existing bitcoin-backed loan infrastructure - Part of Base's broader push for onchain financial services The launch represents another step in Base's effort to bring traditional financial products onchain, offering users predictable borrowing costs through fixed interest rates.