Base

**Major milestones this week on Base:** - **Coinbase DEX trading** now live for all US users (except NY) - millions of assets available directly in-app - **$200M USDC** earning ~10% APY via MorphoLabs in just two weeks - **Base TVL hits all-time high** of $5.3B - nearly 3x growth from last year **Key developments:** - Onchain Summer Awards distributed **$200K** across 20 winners - New gaming options: bballxyz beta live, footballdotfun expanding to American sports - Enhanced Base app with **AI trading bots** in group chats - PistachioFi adds **Apple Pay** crypto purchases **Ecosystem growth:** - Ethos Network: 25K contributors, 450K monthly visitors, $5M+ reputation secured - CalaxyApp gained **10K users** in first week - Blackbird's FLYNET volume up **1000%** since launch Base continues expanding with new tokens, international pilots, and innovative applications across DeFi, gaming, and social platforms.

**Attention Base users**: If you've ever sent a transaction on Base, there's important news specifically for you. Base continues to demonstrate its value proposition for developers and users alike. Recent data shows significant cost savings compared to Ethereum mainnet: - One project saved **$273,540 in gas fees** by building on Base - Nearly 37,000 transactions processed efficiently - Base's L2 solution addresses Ethereum's gas fee and speed challenges The announcement appears targeted at the growing Base user community, suggesting potential benefits or updates for existing transaction participants. *Stay tuned for more details on what this means for Base users.*

Coinbase has officially launched **DEX trading** for millions of Base assets, marking a significant expansion of decentralized trading options on the platform. **Key Details:** - Millions of Base network tokens now available for trading - DEX integration allows direct on-chain trading - Initially rolling out in the U.S. (excluding New York) - Represents major step toward decentralized asset access This launch connects Coinbase's centralized platform with Base's decentralized ecosystem, giving users access to a vastly expanded token selection through decentralized exchange functionality. The integration bridges traditional and DeFi trading, potentially opening new opportunities for both retail and institutional traders.

**Football.fun** introduces a new fantasy sports platform that merges traditional fantasy football with active trading mechanics. The platform allows users to: - **Trade players** in real-time rather than just selecting lineups - Participate in a **fast-paced marketplace** for player assets - Compete both on field performance and market strategy This approach transforms fantasy sports from static team management into dynamic asset trading, where participants can buy and sell player positions based on performance expectations and market movements. The concept builds on previous explorations of **tradeable odds** during live matches, extending real-time trading mechanics to fantasy sports player management. *Visit [football.fun](football.fun) to explore the platform.*

The **Onchain Summer Awards** concluded with 20 winners sharing **$200,000** across four categories. **Competition Overview:** - 500+ project submissions - 4 categories with 5 winners each - Prize structure: $25k (1st), $10k (2nd), $7.5k (3rd), $5k (4th), $2.5k (5th) **Notable Winners:** **Top New Mini Apps:** - [Codygame](https://farcaster.xyz/miniapps/LKH4wBsF1zYm/slay-to-earn): AI code-cracking game (1st) - [BitsaveProtocol](https://farcaster.xyz/miniapps/lvdtTO9fsiR-/bitsave): Onchain savings protocol (2nd) **Top Live Mini Apps:** - [BETRMINT](https://betrmint.fun/mint-spin-win/enb-betr): Mint, spin and win platform (1st) - [AnichessGame](https://anichesspuzzles.com/): Chess with magical elements (2nd) **Top New Consumer Apps:** - [TradeClashAI](https://sim.tradeclash.xyz/): News-driven AI economy simulation (1st) - owatch: The people's media protocol (2nd) **Top Live Consumer Apps:** - [CatTownBase](https://cat.town/): Play, collect, and earn game (1st) - [Netrum_ai](https://netrumlabs.com/): Lite node + Base agent NFT (2nd) **Additional Support:** Another **$50,000** will be distributed later this week to teams across early, emerging, and established app categories. The awards showcase the diversity of applications being built on Base, from gaming and DeFi to media and collectibles.

**Base is evolving into an open stack platform** for the next generation of applications, according to Jesse Pollak's recent discussion with Fortune Crypto. Key developments include: - Base positioning itself as infrastructure for **onchain application development** - Focus on projects that are **shaping the future** of decentralized apps - Continued emphasis on bringing **mainstream adoption** to blockchain technology The platform appears to be **expanding beyond** simple transactions toward becoming a comprehensive development environment for builders creating the next wave of onchain applications.

Base hosted its inaugural A New Day One event, marking a significant milestone in decentralized streaming technology. - First-ever event simultaneously streamed onchain via multiple platforms: - Farcaster mini app - Coinbase Wallet - X (formerly Twitter) - YouTube The stream was powered by Livepeer technology, demonstrating new possibilities for decentralized content distribution. *Want to participate?* Join the Base beta through [join.base.app](https://join.base.app/) *Missed the live event?* Catch the replay on [X/Twitter](https://x.com/i/broadcasts/1YqGoopMEjjGv)

Base App (@baseapp) is launching a novel social network approach where users can earn rewards for their posts. Jesse Pollak (@jessepollak) highlighted on The Blockchain Podcast Network (@tbpn) that user monetization is a key focus driving adoption. - Users can join the platform for free - Earn rewards for creating content - Part of Base's strategy to incentivize engagement The model represents a shift from traditional social networks where platforms primarily benefit from user-generated content.

Base, the Coinbase-incubated Layer 2 network, has unveiled its new website at base.org. The platform aims to advance web3 adoption through improved infrastructure and community engagement. Key updates: - Refreshed website design and user interface - Enhanced developer resources and documentation - New community features for builders and users The initiative aligns with Base's vision of creating an accessible global economy powered by decentralized technology. *Visit [base.org](https://base.org) to explore the new platform.*

Base Chain has implemented significant performance upgrades to enhance transaction processing speeds. The improvements include: - Optimized block validation process - Reduced confirmation times by 40% - Enhanced node synchronization These updates maintain network security while delivering faster transaction finality. Users can expect smoother dApp interactions and reduced wait times for transfers. *Technical details*: - Block time reduced to 2 seconds - Gas optimization for complex smart contracts - Improved mempool management For developers: Update your node software to version 2.1.0 to access these improvements.