

SAGA | 0xUSD.base.eth
24.2K posts

@null_saga
Moderator | Ambassador....Crypto Builder and Developer 🟦Base mode: ON ●Go your own way...












coinbase launched cbMEGA on base the same day megaETH went live. base active addresses down 80% from peak, back to july 2024 levels. weekly fees collapsed from millions to $500-600k. creator token survival rate at 0.3% out of 6.52m minted. wrapping a competitor's token on your own chain to recapture trading activity is not a partnership. it's coinbase admitting base needs someone else's momentum to stop the bleed. aerodrome gets the cbMEGA liquidity, coinbase gets custody fees, and base gets to count megaETH speculation as "ecosystem growth." if cbMEGA volume on base DEXs outpaces native MEGA volume on megaETH, the 100k TPS thesis was never about performance. it was about token demand routed through coinbase infrastructure either way

