Base shifts to trading as rewards end Feb 18; $15.2B volume dims case for token

Coinbase’s Base app will discontinue Creator Rewards on Feb 18 and wind down its Farcaster social feed to concentrate on trading. Base-linked DEXs handled $15.2B over the past 30 days and the network has accrued $190.6M in fees, suggesting a native Base token may be unnecessary for growth.