In brief
- Base is an Ethereum layer-2 network launched by crypto exchange Coinbase.
- The exchange wants Base to onboard “billions of users to the cryptoeconomy.”
- In September 2025, Coinbase revealed that it is “exploring” a token launch for Base.
Leading American crypto exchange Coinbase ventured deeper into the on-chain economy with the launch of its Ethereum layer-2 network Base in 2023.
Originally billed as “a ‘bridge’ for users into the cryptoeconomy,” Base was designed to house Coinbase’s existing on-chain products and provide an open ecosystem for millions of new decentralized apps.
Since its launch, Base has developed into one of the leading Ethereum layer-2 networks, representing a significant chunk of on-chain culture and activity.
Learn everything else you need to know about Base below.
