Welcome to the Tso Thoughts newsletter! Every month, I curate my best thoughts, ideas, and observations on crypto and the industry at large.
DEX Trading
The pace of asset creation on @base is accelerating faster than ever
With DEX trading in the @coinbase app, users are now able to trade thousands, and eventually millions, of Base tokens within moments of their creation
Build on Base and bring your project / token to the masses
With DEX trading in the @coinbase app, users are now able to trade thousands, and eventually millions, of Base tokens within moments of their creation
Build on Base and bring your project / token to the masses
Millions of assets. One Coinbase app.
→ Every asset on @base
→ Faster and easier access to onchain trading
→ Tokens go from launch to available on Coinbase in moments
All available in the same Coinbase app with DEX trading.
Rolling out now, starting in the U.S. (ex. NY).
→ Every asset on @base
→ Faster and easier access to onchain trading
→ Tokens go from launch to available on Coinbase in moments
All available in the same Coinbase app with DEX trading.
Rolling out now, starting in the U.S. (ex. NY).
DEX trading for @base only at 1% rollout in the @coinbase app
We’re going so much higher
We’re going so much higher
Base just recorded its highest DEX volume since early February, three days after Coinbase announced their DEX integration.
The top three pairs were ETH-USDC, ETH-cbBTC, and cbBTC-USDC. 3 out of the 4 top pools were on @AerodromeFi
The top three pairs were ETH-USDC, ETH-cbBTC, and cbBTC-USDC. 3 out of the 4 top pools were on @AerodromeFi

Everything Exchange
Coinbase + @base will be the Amazon of assets
Coinbase in the front, @base DeFi in the back
- DEX trading with popular DEXes like @AerodromeFi
- @coinbase verified pools with @Uniswap
- Bitcoin-backed loans with @MorphoLabs
The DeFi mullet will bring the benefits of Ethereum to the world
- DEX trading with popular DEXes like @AerodromeFi
- @coinbase verified pools with @Uniswap
- Bitcoin-backed loans with @MorphoLabs
The DeFi mullet will bring the benefits of Ethereum to the world
DEX Trading is just the first step of @coinbase’s transformation into the Everything Exchange
We will bring all asset classes onchain to enable faster, fairer, and more global markets
We will bring all asset classes onchain to enable faster, fairer, and more global markets
Kraken is expanding into equities
Robinhood is expanding into crypto
Stripe and Google are expanding into stablecoins
But only @coinbase will have every single asset all in one place – the Everything Exchange
Robinhood is expanding into crypto
Stripe and Google are expanding into stablecoins
But only @coinbase will have every single asset all in one place – the Everything Exchange
Everything onchain
Everything Exchange
Everything Exchange
Your Universal Account
Sub Accounts (popup free in-app experiences) + Flashblocks (200 millisecond transaction confirmations) = insane consumer app UX
Only on @base
Only on @base
Epic thread by @0xyoussea to get caught up on @base account + how it will be your universal onchain account that can be used across mobile apps and the web
Everyone's talking about how Base App is onboarding the next billion users through mini apps and solving distribution for builders
But no one sees the BIGGER vision... Base is looking to revolutionize how people sign in on the internet.
Enter: Base Account
But no one sees the BIGGER vision... Base is looking to revolutionize how people sign in on the internet.
Enter: Base Account

If you’re interested in accepting crypto payments with @base pay, please DM me
Would love to help you get set up!
Would love to help you get set up!
You can just buy things.
Loving the new @base pay express checkout option on @kikiworld_
Checkout in one click with your saved profile + shipping info, and fund your wallet with @USDC in your @coinbase account if you are ever low on funds
Checkout in one click with your saved profile + shipping info, and fund your wallet with @USDC in your @coinbase account if you are ever low on funds
All makers can co-create, sell, reward and pay with @base pay
in KIKI
You can just sell things!

@baseapp @kikiworld_
in KIKI You can just sell things!


@baseapp @kikiworld_

Sign in with @base looking good here
Our migration, reliability sprint and a @davyjones0x holiday all coincided, which led to this upgrade becoming EIP-7702+++:
• Migrating to Privy v2, wagmi v2, ZeroDev Kernel v3.3. • Integrating 20+ new chains (@bitcoin, @Mantle_Official, @apecoin etc.)
• Added
• Migrating to Privy v2, wagmi v2, ZeroDev Kernel v3.3. • Integrating 20+ new chains (@bitcoin, @Mantle_Official, @apecoin etc.)
• Added
In-game purchases with @base pay are so smooth
Convenience first
Base Pay is live in Clash of Coins on @Base.
One-click USDC checkout.
Pay with crypto instantly and back to battle.
Convenience firstBase Pay is live in Clash of Coins on @Base.
One-click USDC checkout.
Pay with crypto instantly and back to battle.
Incredible to see @base account integrated in some of my favorite onchain games and apps
Check out @tokiemonio, @frenpetonbase, @SkyEcosystem, and @zkp2p and sign in with Base!
Check out @tokiemonio, @frenpetonbase, @SkyEcosystem, and @zkp2p and sign in with Base!

The @base account team is straight cooking
we're working on adding user info collection to wallet connection flows when using base account. the goal is to allow you to share your contact info and authenticate into an app with your wallet in 1 click
Love to see @base account everywhere
Buy @Toshi_base drip with @USDC
Powered by @base pay
Powered by @base pay
Our merch store now accepts USDC payments powered by @Base.
Buying $TOSHI drip has never been easier.
merch.toshithecat.com
Buying $TOSHI drip has never been easier.
merch.toshithecat.com

Your @base account is your single identity that works everywhere – from playing games like @intothedungeons in the @baseapp to shopping online in @Shopify stores
All with sign in with Base and Base pay
All with sign in with Base and Base pay
Machinata Blitz just got featured in the @baseapp!
It's a turn-based tactics game exclusively on @base.
Integrated sign in with base and base pay!
There's multiple different game modes to try, a bunch of different units and spells!
Looking forward to more based gaming!
It's a turn-based tactics game exclusively on @base.
Integrated sign in with base and base pay!
There's multiple different game modes to try, a bunch of different units and spells!
Looking forward to more based gaming!
Support the Product Management Interview Prep site with @base pay
Incredible resource / toolkit for aspiring product managers
Incredible resource / toolkit for aspiring product managers

Builder Support
Hyped to have @HungryDegens building on @base and the @baseapp
The journey moving to @base has been incredibly smooth, and we’ve felt fully supported by the Base team every step of the way. From clear onboarding guidelines to thoughtful collaboration, it’s been a refreshing experience as a builder.
We’re excited not just for our own
We’re excited not just for our own
We’re launching a $250K campaign with @MaestroBots to reward traders on @base
Which projects do you want to see in the Battle Royale?
Which projects do you want to see in the Battle Royale?
Maestro x Base: $250K Battle Royale
32 projects. 5 rounds. All win prizes. One takes the crown.
Celebrating the builders and traders powering Base.
Hosted by Maestro, a leading Telegram trading suite for DeFi.
Tag $ your favorite @Base project to nominate them.
Like, repost,
32 projects. 5 rounds. All win prizes. One takes the crown.
Celebrating the builders and traders powering Base.
Hosted by Maestro, a leading Telegram trading suite for DeFi.
Tag $ your favorite @Base project to nominate them.
Like, repost,
Back the creators and content you want to see in the world
Even deeper stablecoin liquidity coming to DeFi protocols on @base
Here’s an idea: How about a new Stablecoin Bootstrap Fund?
Today, we’re launching our next Bootstrap Fund — deepening stablecoin liquidity in DeFi and helping teams grow their protocols.
Today, we’re launching our next Bootstrap Fund — deepening stablecoin liquidity in DeFi and helping teams grow their protocols.

Member highlight
@davidtsocy operates like a radar at SGV, always scanning, always connected
> He puts founders in touch with the right answer faster than anyone
> His edge? Fewer hops, sharper intros, better timing
> He spots breakout apps before they break out
Every
@davidtsocy operates like a radar at SGV, always scanning, always connected
> He puts founders in touch with the right answer faster than anyone
> His edge? Fewer hops, sharper intros, better timing
> He spots breakout apps before they break out
Every
Excited to launch the Base Mentorship Program, a network of top investors and operators helping @base builders level up across product, mini apps, design, GTM, strategy, etc
We work directly with builders to pair them with the right mentor for their needs
Meet the mentors below
We work directly with builders to pair them with the right mentor for their needs
Meet the mentors below
Base stands for:
Build
Anything
Support
Everyone
Build
Anything
Support
Everyone
Shoutout to @davidtsocy and the rest of the base team. Great communication from a “big” company. We’ve gotten shrugged off by so many chains before. Base x HYTOPIA is still early in our relationship but they’re already giving us great support.
Excited for the future with @base.
Excited for the future with @base.
Base is home
We could have launched Giza's agents anywhere in crypto.
But Base felt like home from day one.
Here's why we chose Base and why it's been the perfect foundation:
But Base felt like home from day one.
Here's why we chose Base and why it's been the perfect foundation:


Highly recommend applying to @alliancedao if you are a @base founder and want to build on the bleeding edge of crypto
This is your chance to iterate your product with some of the best minds in the space, find early PMF, and join one of the best founder communities out there
This is your chance to iterate your product with some of the best minds in the space, find early PMF, and join one of the best founder communities out there
What is Alliance?
Coinbase NY Hub
Coinbase NY office vibes are unparalleled

4 months left in the year
Let’s get after it
Let’s get after it

Tweets of the Month
If you can’t look past the charts, you’ll never find uncharted territories
Base is building a global economy where money doesn’t have borders, value moves at the speed of light, and financial services are available to everyone across the world
Some platforms charge rent, the @baseapp doesn’t
A wise @davidtsocy once said:
"Apple – 30% fees
Google – 30% fees
@baseapp – 0% fees"
That's right, the @baseapp does not charge rent.
It's built by the builders & creators, and for the builders & creators
"Apple – 30% fees
Google – 30% fees
@baseapp – 0% fees"
That's right, the @baseapp does not charge rent.
It's built by the builders & creators, and for the builders & creators

Happy birthday @base!
At the same time, can’t believe Base is only two years old – so grateful to be able to wake up every day and play a small part in bending the world towards a better onchain future
We are just getting started
At the same time, can’t believe Base is only two years old – so grateful to be able to wake up every day and play a small part in bending the world towards a better onchain future
We are just getting started
If you’re new to the @base ecosystem, welcome to Base!
.@base carries a mission to bring 1B people onchain—not with FOMO, but with vibes, memes, support, and real tools that empower.
The @baseapp makes it feel like magic.
A wallet, feed, and supertool in one.
Send tips with @noicedotso, tokenize your content on @zora.
Creators
The @baseapp makes it feel like magic.
A wallet, feed, and supertool in one.
Send tips with @noicedotso, tokenize your content on @zora.
Creators

The line between TradFi and crypto isn’t blurring – it’s merging
Soon it’ll all just be called finance
Soon it’ll all just be called finance
Fintechs, TradFi, and governments are all embracing crypto
Let that sink in for a moment...
The golden age of crypto is here
Let that sink in for a moment...
The golden age of crypto is here
2025 will go down in history as the year @base builders and creators went mainstream
Never bet against @base builders and creators
At @base, we want to see builders win
Just a few cool consumer apps with real traction on @base
Simply no better chain for consumer app builders atm
Simply no better chain for consumer app builders atm
The best consumer app builders in crypto are on @base
If you’re building something new on @base, one of the best things you can do is to build it in public
Share regular updates, wins, losses, lessons, and your journey as much as you can
This beats going through even the best accelerators
Share regular updates, wins, losses, lessons, and your journey as much as you can
This beats going through even the best accelerators
Thank you @RachelOnchain for the awesome interview!
Hear more about why we are building the @baseapp and the Base app’s vision
For builders: reach millions through mini apps
For creators: connect + earn from your content
For everyone: discover an onchain internet worth using
Hear more about why we are building the @baseapp and the Base app’s vision
For builders: reach millions through mini apps
For creators: connect + earn from your content
For everyone: discover an onchain internet worth using
It was such an honor getting to interview the one & only @davidtsocy from the @base ecosystem team at A New Day One in Los Angeles! 
In this discussion, we share how the @baseapp is here to revolutionize crypto for users, creators & builders
Check out this short preview

In this discussion, we share how the @baseapp is here to revolutionize crypto for users, creators & builders

Check out this short preview
On the @baseapp:
Content coins are the new posts
Trade button is the new like button
Trading fees are the new ad revenue
Market cap is the new engagement metric
Content coins are the new posts
Trade button is the new like button
Trading fees are the new ad revenue
Market cap is the new engagement metric
Consumer Apps / Experiences I Liked
Paragraph is a mini app by @colinarms and @reidtandy that helps writers make more money
Idea coins are a new way for readers to support the posts they love and help great writing get the visibility it deserves
Join @paragraph_xyz and help build a creative economy around ideas
Idea coins are a new way for readers to support the posts they love and help great writing get the visibility it deserves
Join @paragraph_xyz and help build a creative economy around ideas
This week’s
mini app spotlight is @paragraph_xyz by @colinarms and @reidtandy
Paragraph lets you publish and earn onchain
Coin your posts so readers can back ideas they believe in and help boost them across the network—writing meets ownership
mini app spotlight is @paragraph_xyz by @colinarms and @reidtandyParagraph lets you publish and earn onchain
Coin your posts so readers can back ideas they believe in and help boost them across the network—writing meets ownership
With @slashapp Global USD, you can now:
- Open a Global USD account in 10 mins
- Get paid in USD from Shopify, Amazon, PayPal, etc.
- Send payments via ACH, wire, or crypto
- Hold funds in USDSL backed 1:1 by U.S. Treasuries
- Earn up to 4.5% in cash rewards
Built on @base
- Open a Global USD account in 10 mins
- Get paid in USD from Shopify, Amazon, PayPal, etc.
- Send payments via ACH, wire, or crypto
- Hold funds in USDSL backed 1:1 by U.S. Treasuries
- Earn up to 4.5% in cash rewards
Built on @base
We raised $60M for this moment: Introducing Slash Global USD (in partnership w/ @base).
It's the first banking platform that lets you open a USD account without an LLC, EIN, or the rampant account closures they call "account safety".
It took major legislative changes AND 3
It's the first banking platform that lets you open a USD account without an LLC, EIN, or the rampant account closures they call "account safety".
It took major legislative changes AND 3
Mint and reveal 108 Flowers Revised digital trading cards by @takashipom, all from inside the @baseapp
Donate Now is a mini app by @RobbieHeeger that lets you give to non-profits directly in the @baseapp
Search for an organization you want to support, pick an amount, and confirm your transaction in 3 taps
Support 1.8M organizations worldwide in a heartbeat with @endaomentdotorg
Search for an organization you want to support, pick an amount, and confirm your transaction in 3 taps
Support 1.8M organizations worldwide in a heartbeat with @endaomentdotorg
This week’s
mini app spotlight is @endaomentdotorg by @robbieheeger
Endaoment makes onchain giving easy—donate crypto to millions of nonprofits and get instant tax receipts
Set up donor-advised funds and boost impact with community pools that match contributions
mini app spotlight is @endaomentdotorg by @robbieheegerEndaoment makes onchain giving easy—donate crypto to millions of nonprofits and get instant tax receipts
Set up donor-advised funds and boost impact with community pools that match contributions
Build a squad of your favorite football players, prove your football IQ, and win
Next player unlock is tomorrow and season kicks off this Friday
Collect and play on @base
Next player unlock is tomorrow and season kicks off this Friday
Collect and play on @base
Own the players you back every weekend.
Build your squad with Europe’s biggest stars.
Compete, win, and own the world of football.
Built on Base.
Build your squad with Europe’s biggest stars.
Compete, win, and own the world of football.
Built on Base.
What if the internet rewarded thoughtful replies instead of hot takes?
With remixing on @paragraph_xyz, anyone can respond to coined posts that resonate with them with their own post and share in the momentum
As one post gains traction, both coins can grow in value
With remixing on @paragraph_xyz, anyone can respond to coined posts that resonate with them with their own post and share in the momentum
As one post gains traction, both coins can grow in value
Today’s internet loves a good dunk.
Hot takes & short-form takedowns — that’s what rules the day & gets rewarded.
But what if we flipped that?
What if thoughtful replies, valuable takes, and personal stories actually made the original post *better*?
That’s the idea behind
Hot takes & short-form takedowns — that’s what rules the day & gets rewarded.
But what if we flipped that?
What if thoughtful replies, valuable takes, and personal stories actually made the original post *better*?
That’s the idea behind
Bando is a mini app by @Lalocripto that lets you buy gift cards with your assets on @base in seconds
Shop on Amazon, ride with Uber, book an Airbnb, and more without leaving the @baseapp
Paying for goods just got easier with @BandoCool
Shop on Amazon, ride with Uber, book an Airbnb, and more without leaving the @baseapp
Paying for goods just got easier with @BandoCool
This week’s
mini app spotlight is @bandocool by @lalocripto
Bando lets you spend crypto directly from your wallet—no swaps, bridges, or fiat
Access 30,000+ products across 160+ countries, from gift cards to bill pay, in seconds
mini app spotlight is @bandocool by @lalocriptoBando lets you spend crypto directly from your wallet—no swaps, bridges, or fiat
Access 30,000+ products across 160+ countries, from gift cards to bill pay, in seconds
Want the most frictionless trading experience?
Just use DEFINITIVE △
Just use DEFINITIVE △
NOW LIVE: CROSSCHAIN SWAP
No more switching between apps, chains or wallets.
Swap any token to any other chain instantly.
Unify your liquidity across your entire portfolio.
Trade across every chain like the pros.
No more switching between apps, chains or wallets.
Swap any token to any other chain instantly.
Unify your liquidity across your entire portfolio.
Trade across every chain like the pros.
A new token launchpad on @base where deployers can share social data without having to reveal themselves → @goblindxyz
@0x_ultra can’t stop cooking
@0x_ultra can’t stop cooking
Legend of Uptopia is a mini game by @btc_penguin_0x where monsters run at you → you turn them into dust → collect loot → level up → repeat but harder
Unlock your first Legend for free and if you like survival games, you’ll love this one
Play @Uptopia_xyz now on the @baseapp
Unlock your first Legend for free and if you like survival games, you’ll love this one
Play @Uptopia_xyz now on the @baseapp
This week’s
mini app spotlight is @uptopia_xyz by @btc_penguin_0x
Uptopia is your launchpad for onchain games—mint game coins, boost liquidity, and discover hits through social vibes.
Dive into Legend of Uptopia, a roguelike RPG with endless dungeons, and epic loot
mini app spotlight is @uptopia_xyz by @btc_penguin_0xUptopia is your launchpad for onchain games—mint game coins, boost liquidity, and discover hits through social vibes.
Dive into Legend of Uptopia, a roguelike RPG with endless dungeons, and epic loot
App szn
app szn. @footballdotfun.

The first-ever onchain scientific AI agent (“BioAgent”), @Aubrai_, launched on @base today
Aubrai was created by @BioProtocol in partnership with one of the world’s leading longevity researchers, @aubreydegrey
Excited to see more onchain scientific intelligence build on Base
Aubrai was created by @BioProtocol in partnership with one of the world’s leading longevity researchers, @aubreydegrey
Excited to see more onchain scientific intelligence build on Base
Say hello to @Aubrai_, a new kind of AI co-scientist.
Built on the lab data of longevity scientist @aubreydegrey
Aubrai turns noise into hypotheses, experiments into data, funding into drugs.
Now live on @base
Aging is no longer fate, it’s data.
Built on the lab data of longevity scientist @aubreydegrey
Aubrai turns noise into hypotheses, experiments into data, funding into drugs.
Now live on @base
Aging is no longer fate, it’s data.
Mini app szn
Just got into the @baseapp beta and want to know what to do? Here's a mini app starter pack:
Create and Play
Writing → @paragraph_xyz
Art → @fx_hash_
Gaming → @RemixGG_
AI art models → @titlesxyz
Chess → @AnichessGame
Astrology → @ombruja
Discover things to do
Create and Play
Writing → @paragraph_xyz
Art → @fx_hash_
Gaming → @RemixGG_
AI art models → @titlesxyz
Chess → @AnichessGame
Astrology → @ombruja
Discover things to do
A personal, private AI in your pocket
No tracking, no data hoarding, just self-owned cognition by @freysa_ai
No tracking, no data hoarding, just self-owned cognition by @freysa_ai
1/
Enchanted Mobile
Your AI. On your phone.
Private by default.
Not one controlled by a big lab.
Not one that hoards your data.
Reclaim your intelligence. Your second brain should be yours, completely.
Enchanted Mobile

Your AI. On your phone.
Private by default.
Not one controlled by a big lab.
Not one that hoards your data.
Reclaim your intelligence. Your second brain should be yours, completely.
Machinata Blitz is a mini game by @TheChainGamer where the objective is to destroy the enemy base while not allowing your own to be destroyed
Sign in with @base and unlock different game modes with Base pay
If you like pixel art and turn-based games, try it out on the @baseapp
Sign in with @base and unlock different game modes with Base pay
If you like pixel art and turn-based games, try it out on the @baseapp
This week’s
mini app spotlight is Machinata Blitz by @TheChainGamer
Machinata Blitz is a retro pixel-art turn-based tactics game
Fight in survival, battle, and deathmatch modes, with challenges and wagers coming soon
mini app spotlight is Machinata Blitz by @TheChainGamer Machinata Blitz is a retro pixel-art turn-based tactics game
Fight in survival, battle, and deathmatch modes, with challenges and wagers coming soon
Infrastructure / Tooling Updates
Free @USDC transfers via @base are now live in NY!
Sends and receives of USDC on Base are now available to New York residents on coinbase.com & in the Coinbase iOS & Android apps.
Are you a mini app builder? Check out our @base build dashboard
Your new hub to grow your mini app with real-time analytics, tap into distribution on the @baseapp, and earn rewards for what you build
Import your mini app now!
Your new hub to grow your mini app with real-time analytics, tap into distribution on the @baseapp, and earn rewards for what you build
Import your mini app now!
Introducing the Base Build dashboard
Get distribution for your mini app in @baseapp
Win rewards for what you build, starting with $200k in Onchain Summer rewards
Grow faster with real-time user analytics
Start building
Get distribution for your mini app in @baseapp
Win rewards for what you build, starting with $200k in Onchain Summer rewards
Grow faster with real-time user analyticsStart building

Proof of @base
The Proof of Play Marketplace API is LIVE on @Base
Today we start the journey to bring the next hundred millions users onchain with the first integration of our Marketplace API settling in-game Player-to-Player transactions on Base.
Any app builder can use our API to seamlessly
Today we start the journey to bring the next hundred millions users onchain with the first integration of our Marketplace API settling in-game Player-to-Player transactions on Base.
Any app builder can use our API to seamlessly
The first-ever tradeable onchain AI compute asset now live on @base
Introducing DIEM on @base – Tokenized Intelligence 
DIEM is the first-ever tradeable onchain AI compute asset
Each $DIEM provides $1 per day of private, uncensored Venice API credit, forever
Only $VVV holders can mint DIEM – minting is now LIVE
Let’s break down DIEM

DIEM is the first-ever tradeable onchain AI compute asset
Each $DIEM provides $1 per day of private, uncensored Venice API credit, forever
Only $VVV holders can mint DIEM – minting is now LIVE
Let’s break down DIEM
Welcome to the @base ecosystem, @BitgetWallet!
It’s never too late to build on Base
It’s never too late to build on Base
We're fully integrating the @base ecosystem!
By doing so, we'll be supporting:
> Creator markets on Base
> The largest Ethereum L2 (by TVL)
> Real-world payments
We're building the onchain portal for the next billion users. Our next steps
By doing so, we'll be supporting:
> Creator markets on Base
> The largest Ethereum L2 (by TVL)
> Real-world payments
We're building the onchain portal for the next billion users. Our next steps

Coinbase is partnering with the U.S. Department of Commerce to bring official government macroeconomic data onchain
GDP, inflation (PCE), consumption, and more, available on @base and nine other networks
GDP, inflation (PCE), consumption, and more, available on @base and nine other networks
We're proud to be a crypto infrastructure partner of the Department of Commerce on this project.
Onchain data = higher transparency + better accessibility.
Onchain data = higher transparency + better accessibility.
Base has the best platform and tools for building value-moving apps on the internet
And that’s my monthly roundup! Subscribe for free to receive new posts and follow me to stay in the loop.













