On July 15, Coinbase Wallet officially previewed a 'major update' to be released the next day. Previously, Base chain co-founder Jesse Pollak also spoke on the X platform, stating that there would be an important announcement on July 16, which may mark a significant upgrade to the Coinbase Wallet product.
Recently, Coinbase has been undergoing a deep strategic restructuring around the Base chain, no longer satisfied with being a 'crypto asset management tool,' but actively transforming into a 'super on-chain entry' that integrates social relationships, transaction execution, content distribution, and offline consumption. The embedded MiniApp system and application recommendation mechanism in the wallet are gradually evolving into the project cold starter and traffic hub of the Base ecosystem, making the wallet the first stop for users to discover new projects, while creating a closed-loop ecosystem for Coinbase with 'payment, social, trading, and consumption.'
In addition, Coinbase's acquisition of several traditional tech companies earlier this year is paving the way for this ecological landscape. This Wallet update is likely a concentrated release of traffic and functionality, and is expected to bring a new wave of user growth and capital injection to the Base chain. In this context, this article will review the potential targets worth laying out in the Base ecosystem.
Aero: The Revolution of MetaDEX
Aerodrome combines the best features of previous DEXs: it uses a token economic model inspired by Curve and Convex to optimize governance and token distribution, as well as a Uni v3 style concentrated automated market maker for efficient capital exchange. These features provide solutions for aligning stakeholder incentive mechanisms, making Aerodrome the preferred trading venue for users.
Coinbase Ventures is an active participant in Aerodrome governance, voting to guide the AERO token distribution to the cbBTC fund pool, further solidifying Aerodrome's market dominance. This also reaffirms the close connection between Aerodrome, Base, and Coinbase, making this protocol a cornerstone financial infrastructure for Base L2.
Thanks to the user growth dividend from the Base chain, Aerodrome's usage continues to rise. Data shows that the platform's TVL has rebounded from $300 million in April to the current $530 million, and the protocol's revenue remains stable, with a 24-hour income of $580,000, consistently ranking at the top of the Base chain. The update has increased the activity of the Base ecosystem, bringing new growth to Aero.
Clanker: The Launchpad Where Everyone Can Issue Tokens
Clanker is a self-governing agent based on the Base blockchain, with its core function being to help users deploy ERC-20 standard tokens. Users only need to tag @clanker on the social platform Farcaster and provide relevant token information (such as name, code, and image), and Clanker will complete the creation of the token, set up the liquidity pool, and lock the liquidity. The entire process requires no complex technical knowledge from the user, truly realizing 'everyone can issue tokens.'
Recently, Clanker upgraded to version V4, fully integrating Uniswap v4 and exclusive extension features, becoming the most flexible meme launch infrastructure currently. The new version brings a more customizable deployment experience—including dynamic/static fees, configurable fee collection token mechanisms, and creator-priority 'sniper auction' MEV modules—enhancing not only the freedom of token deployment but also significantly optimizing user experience and creator profit paths.
Currently, Clanker protocol's monthly revenue has exceeded $350,000, and cumulative profits have surpassed $30 million, far exceeding most similar platforms, yet its market valuation remains relatively low. With the V4 protocol landing and revenue sharing, staking, governance, and other mechanisms gradually going live, Clanker is expected to become the 'launchpad king' of meme issuance on the Base chain.
Mamo: Coinbase Wallet's 'On-Chain Pocket Money'
In the past two weeks, $MAMO has surged 4 times, with FDV surpassing $100 million, becoming one of the most noteworthy stars on the Base chain. Mamo is hailed as the 'pocket money' of Coinbase Wallet, focusing on 'automated compound mining.' Users only need to deposit assets into the wallet, and the system will intelligently allocate them to quality strategy pools for mining in the background, with an annual yield of up to 7%. No manual operation is required, and profits roll into the principal every day, achieving true on-chain 'sleep income.'
Behind it, the producer Moonwell is a 'regular army' invested by Coinbase, so the surge of $MAMO can be described as a well-planned scheme.
Byte: AI Wallet for Self-Service Ordering
Byte is reshaping the boundary between crypto payments and real-world consumption. Users only need to say a sentence, and the AI will automatically select a restaurant, place an order, and complete payment, without any clicks throughout the process. It not only connects the payment path between cryptocurrencies and real merchants but also integrates the world's first POS system solution capable of 'AI automatic checkout.'
Base co-founder Jesse Pollak even personally tweeted to order takeout in support, endorsing the practical landing of Byte. With more and more restaurant brands joining in and the popularity of AI agent trading, Byte is expected to become the foundational payment layer of the AI business era, expanding into e-commerce, subscriptions, and offline services, and taking the lead in laying out the 'AI wallet' entry for the next decade.
Summary
Today, Coinbase Wallet is rapidly evolving into a super on-chain application: it not only connects social (Farcaster), payment (Byte ordering), short videos, and other content consumption scenarios but also integrates features like automated wealth management (Mamo), providing a one-stop service for users' on-chain daily needs. This leap from 'trading tool' to 'lifestyle entry' signifies that Coinbase is undergoing a full-stack ecosystem reconstruction around the Base chain, betting on the next growth paradigm of Web3.
As the major update on July 16 approaches, this product-level upgrade is expected to break the single boundary of traditional exchanges, bringing stronger user guidance and liquidity increments to Base, further solidifying its leading position in the on-chain application ecosystem.
