Coinbase’s Base Shatters Trading Volume Records, Surpassing $1 Billion Amid Rising Memecoin Popularity

Coinbase’s Ethereum layer-2 network, Base, has experienced a significant surge in trading volume on decentralized exchanges (DEX) within just 24 hours, breaking its previous records and exceeding the $1 billion threshold. Data from Dune highlighted this remarkable increase, showing that on March 30, Base’s DEX trading volume soared to $1.21 billion, a 25% rise from the previous day’s $959.63 million. The bulk of this trading volume was concentrated on Uniswap, which dominated 64.3% of the activity. It was followed by contributions from Aerodrome Finance and SharkSwap, which accounted for 9.7% and 7.8% of the volume, respectively. Additionally, Base’s daily active