Here’s Why Base Is Crushing Other Ethereum Layer 2s in Revenue

Base, the Coinbase-incubated Ethereum Layer 2 community, has emerged as probably the most worthwhile rollup within the ecosystem, because it generated a mean of $185,291 in day by day income over the previous six months.

With the newest determine, Base has far outpaced Arbitrum’s $55,025 and the mixed $46,742 of 14 different prime Layer 2s.

Base Captures Majority of L2 Market Share

In its newest evaluation, Galaxy Digital explained that Base’s lead is supported by its EIP-1559-inspired charge mannequin, which permits “dynamic” auction-based precedence charge assortment fairly than strict first-come-first-served (FCFS) ordering.

The sequencer prioritizes transactions primarily based on the best precedence charge per unit of fuel and permits customers to pay premiums for pressing execution. This allows Base to monetize block area demand effectively.

Ethereum’s Pectra improve, which reduced Layer 1 posting prices through blob-enabled knowledge submission, has additional improved Base’s effectivity in monetizing block area whereas sustaining low transaction charges.

Whereas Arbitrum launched Timeboost in April 2025 to allow slot-bidding for specific execution, it stays a predictive, fixed-rate system that’s much less reactive than Base’s per-transaction bidding. This makes the previous much less efficient at capturing sudden spikes in consumer demand.

Over the previous six months, precedence charges alone have averaged $156,138 per day for Base. The chain accounted for about 86% of its day by day income. Transactions occupying the highest slot of every block contributed 30%-45% of day by day income year-to-date in 2025, whereas the highest 10 slots have accounted for between 50%-80% of day by day income over the identical interval.

In the meantime, “Flashblocks,” which was carried out on the Layer 2 community on July 16, launched sub-block confirmations that enable high-priority transactions to land in decrease slots whereas nonetheless receiving near-instant execution. This has resulted in a extra even distribution of precedence charges throughout block slots with out decreasing general charge era. Such a system in place has helped Base keep sturdy income seize regardless of adjustments in slot allocation.

Base’s Income Engine

It is very important word that Base’s dominance in decentralized trade (DEX) exercise has been a serious driver of its income. The community has persistently captured 50%-65% of Layer 2 DEX quantity and holds the best DEX TVL amongst Layer 2s, excluding perpetual DEX platforms.

Traditionally, precedence charges tied to DEX swaps contributed 50%-70% of day by day charges paid to Base. Nonetheless, this share has declined to round 34% in current weeks and displays elevated base charges and rising non-DEX competitors for block area throughout the community. Regardless of this dip, DEX swaps have been noticed to be a main contributor to Base’s charge era, particularly in time-sensitive trades and most extractable worth (MEV) methods.

Information additionally signifies {that a} small cohort of customers dominates precedence charge funds, with 250 addresses accounting for practically 65% of all precedence charges paid over the previous yr.