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Base Ecosystem DeFi Execution Platform Definitive (EDGE) has surged 9x in the past month, with a total market capitalization surpassing $800 million.

By: theblockbeats.news|2025/08/17 15:32:04

BlockBeats News, August 17th, according to GMGN market information, the Base ecosystem DeFi execution platform Definitive (EDGE) has surged 9 times in the past month, with a total market value exceeding 800 million U.S. dollars, now reported at 8.062 billion U.S. dollars, and the circulating market value is now reported at 162.9 million U.S. dollars.

It is reported that Definitive is an execution platform and API for DeFi, providing non-custodial smart contracts and automation services across multiple DeFi protocols.

BlockBeats reminds users that relevant asset prices are highly volatile, and user investments should be cautious.

Analysis: Companies like Circle, Stripe, etc., are creating proprietary blockchains to have their own settlement layer, aiming to enhance the efficiency, compliance, and revenue of digital asset payments

A Whale/Institution has accumulated $136 million worth of WBTC and ETH over the past 6 days through a flash loan mechanism.