Base chain: Coinbase’s L2 Ethereum Network

Sol

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Snippet below is from Coinbase official website, explaining Base and it’s usecases.
Currently token pairs are live on chain and many coins have done 10,000% + increases in just a couple days.

I myself have caught a few, one of them being a project catered to building tools to help with trading (think honeypot checkers, sniper bots, new pair alerts etc) and am well over 20x

You can currently only bridge onto the Base Network and there is no official bridge back to Ethereum network.

Has anyone heard of this? Anyone actively buying shitcoins on there? Coinbase is pretty big so I wonder if it has a chance against BSC, Polygon even ADA.

What is Base?
Base is an Ethereum Layer 2 (L2) chain that offers a safe, low-cost, developer-friendly way to build on-chain. Base is an L2 built on OP Stack in collaboration with Optimism. We’re incubating Base inside of Coinbase, leveraging the last decade of our experience building crypto products, and plan to progressively decentralize the chain over time. We currently do not plan to issue a new network token.
 
Is there a DEX live on Base yet?
But if you sort coins by its trading volume or liquidity on dexscreener (base chain), then u may see an alternative dex besides uni or sushi.

Becareful with leetswap though, their liquidity got compromised recently
 
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