Coinbase CEO: Assets deposited in Base lending market reach $7.49 billion
Original headlineCoinbase CEO：Base 借贷市场存入资产达 74.9 亿美元
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Coinbase CEO Brian Armstrong disclosed that Base's lending market held $7.49 billion in deposited assets and $2.65 billion in borrowed assets as of November 9. Deposits grew 28.72% and borrowings 21.71% over the past three months, according to data from Base's market page. Armstrong framed the growth as evidence that Base is becoming a platform for on-chain finance spanning trading, payments and lending. The figures matter as a gauge of how much capital is migrating to Base's DeFi ecosystem rather than staying on rival chains. Watch whether deposit and borrow growth stay balanced, since a widening gap between the two could signal idle liquidity rather than genuine credit demand.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
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Base, Coinbase (COIN), Brian Armstrong
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