As a Coinbase-backed Ethereum Layer 2 solution, Base Chain has gained significant traction, bridging centralized finance (CeFi) and decentralized applications (DeFi). From strategic platform integrations to pilot programs with institutions like JPMorgan Chase, Base is expanding its real-world utility. Here’s a breakdown of its latest developments and top ecosystem projects.
Coinbase Integration: Simplifying On-Chain Access
Coinbase has seamlessly embedded Base Chain into its core products. Jesse Pollak, Head of Base, confirms users can soon interact with Base dApps directly via their Coinbase balances—eliminating complex on-chain steps. Key benefits:
- Lower Barriers: Intuitive UI mimics centralized exchanges, easing entry for non-crypto natives.
- Enhanced Liquidity: Projects gain instant exposure to millions of Coinbase users.
Max Branzburg, Coinbase’s Product Lead, also revealed plans to integrate thousands of on-chain assets, creating a robust trading ecosystem.
Real-World Adoption: Shopify Embraces USDC Payments
In June 2025, Shopify partnered with Coinbase and Stripe to enable USDC payments via Base Chain for merchants across 30+ countries. This marks Base’s first large-scale entry into mainstream e-commerce, extending its reach beyond crypto-native users.
Institutional Interest: JPMorgan Chase Tests Compliant Stablecoins
JPMorgan recently piloted its Deposit Token (JPMD) on Base—a regulated dollar-backed stablecoin alternative. This signals growing acceptance by traditional finance, potentially paving the way for banks and payment platforms to adopt blockchain solutions.
Top Base Chain Ecosystem Projects
1. Aerodrome (AERO)
- Role: Leading Base Chain DEX using the ve(3,3) model for liquidity incentives.
- TVL: $990M (largest AMM on Base).
- Growth: Surged post-Coinbase app integration.
2. Spark Protocol
- Focus: Lending platform based on Compound v3, optimized for flexibility.
Features:
- Dynamic interest rates.
- Supports DAI, USDC, and other stables.
- TVL: $410M (top lending protocol on Base).
3. Stargate Finance
- Function: Cross-chain bridge for assets between Base, Ethereum, and other Layer 2s.
- TVL: $120M (critical for multi-chain strategies).
4. Moonwell
- Edge: User-friendly lending with enhanced security (Chainlink oracles + Gauntlet risk models).
- TVL: $64M; integrates with Coinbase Smart Wallet for easy access.
FAQs
Q1: Why is Base Chain gaining attention?
A1: Its deep integration with Coinbase, real-world payment solutions, and institutional pilots position it as a bridge between CeFi and DeFi.
Q2: What makes Aerodrome unique?
A2: Its ve(3,3) model incentivizes liquidity providers through governance voting, fostering high TVL.
Q3: Is JPMorgan’s JPMD a competitor to USDC?
A3: It’s a regulated alternative, potentially appealing to traditional finance but complementary in the short term.
👉 Explore Base Chain’s top projects
Conclusion
Base Chain is transitioning from infrastructure to a multi-functional hub linking exchanges, merchants, and institutions. Monitoring its ecosystem—especially projects like Aerodrome, Spark, and Stargate—offers insights into the next wave of blockchain adoption. Always conduct thorough research before investing.