Base "reconstruction" is imminent, and we will take stock of potential targets worth investing in

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On July 15, Coinbase Wallet officially previewed again that a "major update" would be released the next day. Previously, Base chain co-founder Jesse Pollak also voiced on the X platform, saying that there would be an important announcement on July 16, which may mark a significant upgrade of the Coinbase Wallet product.

Recently, Coinbase has been deeply restructuring its strategy around the Base chain, no longer satisfied with being a "crypto asset management tool", but actively transforming into an "on-chain super entrance" that integrates social relationships, transaction execution, content distribution, and offline consumption. The embedded MiniApp system and application recommendation mechanism in the wallet are gradually evolving into a project cold start and traffic hub for the Base ecosystem, making the wallet the first stop for users to discover new projects and helping Coinbase build a closed-loop ecosystem of "payment, social, trading, and consumption".

Additionally, Coinbase's acquisition of multiple traditional tech companies at the beginning of the year is paving the way for this ecosystem layout. This Wallet update is likely to be a concentrated release of traffic and functionality, and is expected to bring a new round of user growth and capital injection to the Base chain. Against this background, this article will review potential targets worth deploying in the Base ecosystem.

Related reading: 《Faster than Twitter, the new Coinbase Wallet evolves into WeChat

Aero: Revolution of MetaDEX

Aerodrome combines the best features of previous DEXs: it adopts a token economic model inspired by Curve and Convex to optimize governance and token distribution, and uses a Uni v3-style concentrated automated market maker to achieve efficient capital exchange. These features provide a solution for aligning stakeholder incentives, making Aerodrome the preferred trading venue for users.

Coinbase Ventures is an active participant in Aerodrome's governance, voting to guide AERO token distribution to the cbBTC liquidity pool, further consolidating Aerodrome's market dominance. This also once again proves the close connection between Aerodrome and Base and Coinbase, which will make the protocol the cornerstone financial infrastructure of Base L2.

Benefiting from the user growth dividend of the Base chain, Aerodrome's usage heat continues to rise. Data shows that the platform's TVL has rebounded from $300 million in April to the current $530 million, and the protocol's revenue remains stable and leading, with a 24-hour income of $580,000, long ranking first on the Base chain. The update brings increased activity to the Base ecosystem, bringing new growth to AERO.

Clanker: Launchpad for Everyone to Issue Tokens

Clanker is a self-agent based on the Base blockchain, with its core function being to help users deploy ERC-20 standard tokens. Users only need to tag @clanker on the social platform Farcaster and provide relevant token information (such as name, code, and image), and Clanker will complete token creation, liquidity pool setup, and liquidity locking. The entire process does not require users to have complex technical knowledge, truly achieving "token issuance for everyone".

Recently, Clanker has been upgraded to V4, fully integrating Uniswap v4 and exclusive expansion features, becoming the most flexible MEME launch infrastructure currently available. The new version brings a more customizable deployment experience - including dynamic/static fees, configurable fee collection token mechanisms, creator-priority "sniper auction" MEV modules, and other powerful functions, not only improving the freedom of token deployment but also significantly optimizing user experience and creator revenue paths.

Currently, Clanker's monthly protocol revenue has exceeded $350,000, with cumulative profits breaking through $30 million, far surpassing most similar platforms, while market valuation remains relatively low. With the landing of V4 protocol and the gradual launch of profit sharing, staking, and governance mechanisms, Clanker is expected to become the "launchpad king" of MEME issuance on the Base chain.

Mamo: Coinbase Wallet's "On-Chain Petty Cash"

In the past two weeks, $MAMO has achieved a 4-fold surge, with FDV breaking through $100 million, becoming one of the most notable new stars on the Base chain. Mamo is known as Coinbase Wallet's "petty cash", with a service focusing on "automatic compound mining". Users only need to deposit assets into the wallet, and the system will intelligently allocate them to high-quality strategy pools for mining, with an annualized yield of up to 7%. No manual operation is required, with earnings rolling into the principal daily, achieving true on-chain "passive income".

Its producer Moonwell is a "regular army" invested by Coinbase, so the surge of $MAMO can be seen as a well-planned move.

Byte: AI Wallet for Self-Service Ordering

Byte is reshaping the boundaries of crypto payment and real-world consumption. With just one sentence, AI will automatically select a restaurant, place an order, and complete payment, without any clicking. It not only connects cryptocurrency with real merchants' payment paths but is also the world's first POS system integration solution that can achieve "AI automatic checkout".

Base co-founder Jesse Pollak even personally tweeted support for ordering food, endorsing Byte's practical implementation. As more and more catering brands are integrated and AI agent transactions become popular, Byte is expected to become the basic payment layer of the AI business era, expanding to e-commerce, subscriptions, and offline services, and taking the lead in laying out the "AI wallet" entrance for the next decade.

Summary

Now, Coinbase Wallet is accelerating its evolution into an on-chain super app: it not only connects social (Farcaster), payment (Byte ordering), and short video and other content consumption scenarios, but also embeds functions like automatic wealth management (Mamo), comprehensively covering users' on-chain daily life. This leap from a "trading tool" to a "life entrance" marks Coinbase's full-stack ecosystem reconstruction around the Base chain, betting on the next growth paradigm of Web3.

As the major update on July 16 approaches, this product-level upgrade is expected to break the single boundary of traditional exchanges, bring stronger user guidance and liquidity increments to Base, and further consolidate its leading position in the on-chain application ecosystem.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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