Base is hosting a Global Builder Call today with ecosystem updates and builder interviews. The network is highlighting massive stablecoin volume growth ($17.5T in 2025, $26.1T in 2026) and positioning itself as the infrastructure for agentic finance, with 90% of agentic stablecoin transactions on Base in Q2'26. The ecosystem backed 30+ teams in recent months with continued momentum.
Base is an Ethereum Layer-2 network incubated by Coinbase and led by Jesse Pollak. Built on the OP Stack, it is designed to bring users and developers onchain with low fees and fast, scalable transactions.
About Base
Base is a Layer-2 blockchain that settles to Ethereum, built on the OP Stack originally developed by Optimism. Coinbase incubated Base and publicly announced it in February 2023, opening the network's mainnet to users later that year. It is led by Jesse Pollak and his team at Coinbase, and speaks through its official account base. Base has not issued a native token — transactions are paid in ETH — though the project has said it is exploring a network token.
Products & Initiatives
Base supports a broad ecosystem of consumer apps, DeFi protocols, NFT projects, and onchain games. Its initiatives include Basenames for onchain identity and developer tooling that pairs onchain deployment with Coinbase-grade onboarding. Descout tracks Base as a distinct network entity — separate from Coinbase the company — and as the ecosystem its creator Jesse Pollak leads.
Partnerships
As a member of the Optimism Superchain, Base shares the OP Stack and a common technical roadmap with other Superchain networks. It remains closely tied to Coinbase, the company that incubated and operates it.
Recent developments
- 2026-07-16 — Base Agents Surpass 52M in Spending Via x402 Protocol — Base announces that over 52 million has been spent by agents using the x402 protocol, marking a milestone for the network's agent economy. (@base)
- 2026-07-18 — Base Launches Request for Builders Initiative for Global Onchain Finance — Base announces Request for Builders program, directing Ecosystem Fund toward tokenization, stablecoins in emerging markets, and credit. (@base)
- 2026-07-27 — Base Announces First Global Community Call for July 31 — Base will host its first Global Community Call on July 31, featuring ecosystem updates, builder interviews, and project spotlights. (@base)
- 2026-08-06 — Base Ecosystem Fund Backs 30+ Teams, Opens Applications — Base announced its Ecosystem Fund on Aug. 6, revealing it has already backed 30+ teams and is now accepting new applications. (@base)
Coverage
Where it sits
Network · 1 connection
AbstractorganizationAbstract is the Igloo Inc organization behind the Abstract chain, the consumer crypto Layer-2…
Zero to Hero AcademyprojectZero to Hero Academy is an upcoming Ethereum project from EJR (@ejrweb3), founder of Zero to…The record
Every dated thing we know · Jun 2026 → Aug 2026What the record doesn’t answer yet.
Claim› DetailsWe can't yet verify Base's claim against a source.
Descout's coverage of Base surfaced 1 claim we could not independently verify at publish. What are the best primary sources to confirm or correct it?
1. Base's own X account said in mid-July 2026 that agents using x402 have collectively spent more than $52 million to date. — unverified: This figure traces to a July 16, 2026 post on the @base X account, which could not be independently fetched (x.com blocks automated retrieval). No third-party outlet found in research corroborates a cumulative dollar figure newer than the roughly $50 million tied to Coinbase's April 20, 2026 Agentic.Market launch, even though independently sourced transaction counts had climbed past 165 million by. Where to look: https://cryptobriefing.com/agentic-market-ai-agents-hub/, https://www.chainalysis.com/blog/x402-agentic-payments-adoption/.
Raised from: Inside Base's x402 Rail and Its New Push to Fund Onchain Finance
Can't see · 1 claim in Descout's published coverage of Base await independent corroboration.
