4 articles
Rates run from 4% on plain stablecoin lending to the mid-teens on managed leverage. What separates them is no longer yield — it is who is legally responsible when something breaks.
Base announced on May 4 that its Azul upgrade would integrate Succinct's SP1 zero-knowledge prover alongside its existing TEE proof system, with mainnet activation planned for May 13. The change cuts withdrawal finality from a multi-day challenge window to roughly one day — and makes Base the largest single Ethereum operator to put ZK proofs in production.
Coinbase's Base layer 2 network ran the 'Onchain Summer' campaign throughout summer 2024, driving total value locked to over $7 billion and daily transactions exceeding Ethereum mainnet volumes.
Coinbase launched Base Layer 2 on August 9, 2023, an Optimism-based network that achieved $400 million in total value locked within weeks.
