Coinbase’s Layer 2 network Base has marked a new milestone, overtaking Solana in total value locked (TVL) within curated DeFi vaults. According to data from risk management platform Sentora, Base now holds over $1.62 billion in such assets, capturing 22.5% of the entire market. Ethereum remains the leader with nearly $3.46 billion (48.2%), but Base’s rapid ascent makes it the largest L2 venue for curated capital, holding more than three times the TVL of Solana, which sits below $550 million.
The concept of Curated Capital refers to deposits in DeFi vaults actively managed by specialized risk curators according to predefined rules and risk frameworks. It offers more structured, transparent, and accountable risk management than plain pooled lending, especially for stablecoin yield strategies. The combined Ethereum and Base TVL now accounts for 70.7% of the curated capital category, while other networks like Binance Smart Chain, Plasma ($144 million), and Monad ($119 million) trail far behind.
In a separate report, commentator @virtuals_io highlighted that 79% of all registered on-chain agents are now active on Base, signaling robust user engagement. Virtuals Protocol alone handles 47.3% of all agentic transactions on the network. This level of activity could drive increased liquidity and attract more developers and projects to the Base ecosystem, reinforcing its role as a crucial layer within the Ethereum scaling landscape.
The dual developments underscore Base’s growing dominance in DeFi infrastructure, potentially accelerating institutional and retail interest in the network and its associated dApps.
