Base is a high-security, cost-effective, and developer-friendly Ethereum Layer 2 solution, launched in 2023 by Coinbase. Leveraging OP Stack, an open-source template from Optimism, it supports code library deployment for any EVM and seamless import of users and assets from Ethereum Layer 1, Coinbase, and other interoperable blockchains. Base serves as a key step to bringing Coinbase’s products, users, and assets into the decentralized economy.