About Base Protocol
Base Protocol (BASE) is not affiliated with the Base L2 chain or Coinbase.
Trading Insights
Searched
1
Market Stats
Market Cap
$31.05K
19.65%
FDV
Not enough data
Circ. Supply
481K BASE
Max Supply
Not enough data
Total Supply
702K BASE
Diluted Valuation
$45.37K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$1.18K
59.04%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.0705
Price Change (1Y)
Not enough data
94.79%
Additional details
Market details
BASE vs markets
↘ 94.28%
BASE vs BTC
↘ 94.08%
BASE vs ETH
↘ 93.81%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x07150e919B4De5fD6a63DE1F9384828396f25fDC | |
Gnosis | 0x699D001ef13B15335193bC5FAd6CFC6747eeE8BE |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0646 | |
1 Day | $0.0540 | |
1 Week | $0.0157 | |
1 Month | $0.20 | |
1 Year | $1.24 |
FAQ
Base Protocol (BASE) is a unique token that aims to mirror the total market cap of all cryptocurrencies at a ratio of 1:1 trillion. This innovative approach enables users to observe the entire crypto industry with a single token. BASE is built on the Ethereum blockchain and integrates a Chainlink oracle. The token's price is designed to be elastic, programmatically expanding or contracting to achieve target price equilibrium. This equilibrium is based on the total market capitalization of all cryptocurrencies, allowing BASE to reflect the overall health and direction of the crypto market.
Base Protocol operates on an elastic supply protocol, which programmatically adjusts the token supply to achieve target price equilibrium. This equilibrium is calculated as one trillionth of the total market capitalization of all cryptocurrencies. When the market price of BASE deviates from this equilibrium, the token supply is adjusted through a process called a rebase. If the market price is higher than the equilibrium, an expansion rebase occurs, creating new supply and driving the price down. Conversely, if the market price is lower than the equilibrium, a contraction rebase occurs, reducing the supply and driving the price up. Users may also contribute their BASE tokens to the liquidity pool to receive compensation through the Base Cascader.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.