Definition ∞ Base Chain DeFi refers to decentralized finance applications and protocols operating directly on a primary blockchain network, rather than on a layer-2 solution or sidechain. These applications process transactions and manage assets entirely on the main ledger, leveraging its inherent security and decentralization properties. Examples include early decentralized exchanges and lending protocols built on foundational chains like Ethereum. The term distinguishes these protocols from those utilizing scaling layers.
Context ∞ News about Base Chain DeFi often concerns network congestion, high transaction fees, and the ongoing shift towards layer-2 scaling solutions to address these limitations. Discussions frequently involve the trade-offs between security, decentralization, and scalability inherent to base-layer operations. Future developments will likely see continued optimization of base chains while layer-2 solutions grow in prominence for daily transactions.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
