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Loans on BASE

Loans on BASE

January 28th, 2025

Loans on BASE

Blockchain Bureau currently covers three key lending protocols on Base: Aave, Moonwell, and Compound. In the coming days, we will expand our coverage to include Morpho, another significant lending protocol.

Outstanding balances grew by an impressive 80% month-on-month. By the end of November ("Statement Month End"), the total outstanding loan balances on BASE reached $446 million, with Moonwell holding the largest share at $237 million, followed by Aave with $186 million.

Using the traditional finance definition of loans, there were 24 101 active loans on Base as of November Statement Month End.

The robust growth in loan balances on BASE - and across blockchain ecosystems more broadly - highlights the strong demand for decentralized financial instruments. At Blockchain Bureau, we are committed to promoting responsible and sustainable lending practices in the on-chain economy.

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