This is your weekly reminder:
70% of $USDC transfers on base is inorganic farming activity on aerodrome. about $360b of $529b for the past 7 days
70% of $USDC transfers on base is inorganic farming activity on aerodrome. about $360b of $529b for the past 7 days
Oct 9, 2026 · 3:59 AM UTC
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@ryeblocks for less tech(grok) - Most USDC moving around on Base isn’t real people trading or using.
70% of it ($360b out of $529b last week) is bots/ farmers looping tiny trades on Aerodrome to farm rewards.It’s fake activity that makes numbers look bigger than they are.
70% of it ($360b out of $529b last week) is bots/ farmers looping tiny trades on Aerodrome to farm rewards.It’s fake activity that makes numbers look bigger than they are.
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