Base lending hits record $2.75 billion as Morpho and Aave drive growth

According to Artemis’ reports, outstanding loans on Base peaked at an unprecedented $2.75 billion on September 10 after an increase in lending activity in late August. This record reflects the rapid growth of credit on Coinbase’s Layer 2 network and the share of Morpho and Aave in it. Artemis writes on September 11: Lending on...