BASE has been performing alright as a chain in relative standing. On a day to day basis its sitting roughly around 10th place in terms of overall dex volume. Behind chains like Eth, BSC, Sol, Arb and 5 others.
This chain is a nice money maker for Coinbase as a company and is something Coinbase is likely to try hard to expand. Coinbase as a centralised exchange (and custodian) is esp interested in having exposure to the decentralised exchange space.
The largest volume on BASE is AERO
Aerodrome is getting the most volume on the BASE chain per DEX. It is also magnitudes higher in terms of total value locked. Aerodrome is fundamentally dominating the BASE space in terms of DEXes. This is why AERO is running hard and has plenty of upside in it as it is not already a large cap relative to crypto valuations. Let alone circulating market caps.