About Base

Base is a secure, low-cost, builder-friendly Ethereum L2 built to bring the next billion users onchain.

Base is incubated within Coinbase and plans to progressively decentralize in the years ahead. We believe that decentralization is critical to creating an open, global cryptoeconomy that is accessible to everyone.

Ethereum L2

Base is built as an Ethereum L2, with the security, stability, and scalability you need to power your dapps. Confidently deploy any EVM codebase and onramp your users and assets from Ethereum L1, Coinbase, and other interoperable chains.

Big features, small fees

Get the EVM environment at a fraction of the cost. Get early access to Ethereum features like Account Abstraction (ERC4337), simple developer APIs for gasless transactions, and smart contract wallets.

Data from base

A DEX ( decentralized exchange ) is a peer-to-peer marketplace where users can trade cryptocurrencies in a non-custodial manner without the need for an intermediary to facilitate the transfer and custody of funds. DEXs substitute intermediaries—traditionally, banks, brokers, payment processors, or other institutions—with blockchain-based smart contracts that facilitate the exchange of assets.

Compared to traditional financial transactions, which are opaque and run through intermediaries who offer extremely limited insight into their actions, DEXs offer complete transparency into the movement of funds and the mechanisms facilitating exchange. In addition, as user funds don’t pass through a third party’s cryptocurrency wallet during trading, DEXs reduce counterparty risk and can decrease systemic centralization risks in the cryptocurrency ecosystem.

DEXs are a cornerstone of decentralized finance ( DeF i) and serve as a key “money LEGO” upon which more sophisticated financial products can be built as a result of permissionless composability.

Data from chain

Explored DEX on Base by using the base.defi.ez_dex_swaps table and joining it to the base.core.fact_hourly_token_prices table, which connected with date and token address for looking at value in USD.

And also join to the base.core.fact_transactions table to find out the transaction fees paid as well.

Moreiver, also identify the event name from the base.defi.ez_dex_swaps table as swap and specify the status transactions from the base.core.fact_transactions table as success in order to look for a more complete overview.

This dashboard analyzes exploring DEX on Base, which is broken out into 3 tabs that comprise Overview, Platforms, and User Behavior for a deep dive into their activities on this chain.

Lastly, it was also posted on Twitter ( or should be called X ) here as well.