Base ecosystem has a monthly net inflow of US$1 billion and a TVL of US$14.2 billion
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According to data from Artemis & l2beat, over the past month, the total cross-chain capital inflow to the Base ecosystem was approximately $1.5 billion, with a net inflow of around $1 billion, and the current TVL is approximately $14.2 billion. The inflow of funds mainly came from Ethereum (accounting for 87%, mainly ETH) and Arbitrum (accounting for 4%, with ETH and stablecoins each accounting for half). According to further analysis by Wu Blockchain researcher, the TVL growth during this period was mainly due to: the normalized cross-chain ETH amount increased from 800,000 to 1 million, contributing about $1.3 billion; the normalized cross-chain cbETH amount increased from 30,000 to 45,000, contributing about $75 million; the third-party cross-chain weETH (etherFi) increased from 30,000 to 53,000, contributing about $100 million. Additionally, the Mog token increased from 8.4T to 22T due to its listing on Coinbase, contributing about $50 million, the USDT balance increased from 12 million to 24 million, contributing about $12 million, while the native USDC saw no growth and even a reduction of about $20 million.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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