Base Posts $94.6M in Tokenized Stock Trading Volume
TL;DR
- Base recorded $94.6M in tokenized stock trading volume just one week after its launch.
- The four available stocks are NVDAc, GOOGLc, AAPLc and METAc. Nvidia led trading with $53.7M of the total volume.
- Aerodrome, Base’s leading DEX, concentrates a large share of the volume and its AERO token rose 11.6% in the 24 hours following the launch.
The tokenized stock market of Base, Coinbase‘s layer-2 network, recorded $94.6 million in cumulative trading volume since its launch on August 24.
The figures are reflected on the Token Terminal platform, which tracks the four assets available since launch, and represents a jump of 38,698.9% from the starting point — a figure that illustrates the speed at which activity scaled from zero within a matter of days.
The Architecture Behind Base
Coinbase introduced four tokenized stocks at launch: NVDAc, GOOGLc, AAPLc and METAc. Each one represents a 1:1 claim on real shares of Nvidia, Alphabet, Apple and Meta, held in custody by regulated entities independent of the exchange’s balance sheet, making the structure bankruptcy-remote.
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