As an Ethereum Layer 2 solution backed by Coinbase, the Base chain is gaining momentum. From Coinbase's strategic integrations to JPMorgan Chase's pilot programs and real-world payment expansions, Base is transitioning from infrastructure to practical adoption. Below, we analyze its progress and highlight high-potential ecosystem projects.
Coinbase’s Deep Integration: Bridging On-Chain and Off-Chain Assets
Coinbase has embedded Base Chain into its core products. Jesse, Base’s lead, notes that users will soon interact with Base projects directly via Coinbase balances—eliminating complex on-chain steps. Key impacts include:
- Lower barriers: Simplified interfaces mirroring centralized exchanges (CEX) make decentralized apps (dApps) accessible.
- Enhanced liquidity: Base projects gain instant exposure to Coinbase’s 100M+ users, accelerating adoption.
Coinbase’s product head, Max Branzburg, plans to integrate "tens of thousands" of on-chain assets into its app, creating a seamless trading loop.
👉 Explore how Base Chain integrates with Coinbase
Shopify Partnership: In June 2025, Shopify partnered with Coinbase and Stripe to enable USDC payments on Base for merchants across 30+ countries, marking Base’s entrance into mainstream e-commerce.
Traditional Finance Embraces Base: JPMorgan Chase’s Stablecoin Pilot
JPMorgan Chase tested its regulatory-compliant stablecoin, JPM Deposit Token (JPMD), on Base. This pilot signals:
- Institutional adoption: JPMD could become a gateway for banks and payment platforms to enter on-chain finance.
- Regulatory alignment: Unlike traditional stablecoins, JPMD is designed to comply with financial regulations.
Top Base Chain Projects to Watch
1. Aerodrome (AERO) – Base’s Leading DEX
- Model: ve(3,3) voting incentives for liquidity.
- TVL: $990M (largest Base AMM).
- Growth: Surge in users post-Coinbase app integration.
2. Spark Protocol – Optimized Lending Platform
Features:
- Dynamic interest rates (Compound v3-based).
- Supports DAI, USDC, and leveraged strategies.
- TVL: $410M (top Base lending protocol).
3. Stargate Finance – Cross-Chain Bridge Hub
- Function: Connects Base to Ethereum, Arbitrum, and Optimism.
- TVL: $120M (key for stablecoin transfers).
👉 Discover cross-chain solutions with Stargate
4. Moonwell – User-Centric Lending
- Security: Chainlink oracles + Gauntlet risk models.
- Accessibility: Integrated with Coinbase Smart Wallet (no seed phrases).
- TVL: $64M (steady growth).
FAQs
Q: Why is Base Chain significant?
A: It merges Coinbase’s user base with Ethereum’s scalability, attracting institutional pilots like JPMorgan Chase.
Q: Is Aerodrome better than Uniswap on Base?
A: Aerodrome’s ve(3,3) model offers higher liquidity incentives, but Uniswap has broader asset support.
Q: How does JPMorgan’s stablecoin differ from USDC?
A: JPMD is bank-issued and compliant, potentially avoiding regulatory hurdles faced by USDC.
Conclusion
Base Chain is evolving into a nexus for CEXs, payments, and traditional finance. The projects above showcase its ecosystem’s diversity—from DEXs to bridges—each with unique growth drivers. Always conduct due diligence before investing.
👉 Stay updated on Base Chain developments
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