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🚨 BREAKING: Coinbase’s Base overtakes Tron in DEFI with $6.6 billion deposits, making it the 5th
wait 🤯…coinbase base bigger than tron in defi?? is this real life or just a simulation 🚀?
Coinbase Base surpasses Tron in DEFI deposits, showcasing the power of TVL metrics and Morpho integration for borrowing against Bitcoin on a layer
The Coinbase Blockchain is now the fifth largest in Defi, with over $6.6 billion in deposits, surpassing Tron. This growth is attributed to the total locked value (TVL) metric, indicating the ecosystem’s performance. Coinbase’s integration with Morpho allows borrowing against bitcoin, contributing to a significant TVL increase. The base, a layer 2 blockchain, prioritizes fast, low-cost transactions. Tron, despite leading in trading volume, falls behind Base in DEFI deposits. Other exchanges, like Binance and Crypto.com, have also launched successful blockchains.
The Coinbase base advances on a tron with $ 6.6 billion in the DEFI deposits
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