Layer 2 network Base is exploring issuing a native network token, according to the network’s creator Jesse Pollak.
“We’re going to be exploring a network token,” Pollak said at the BaseCamp event on Monday.
“I will be up front with y’all, it’s early,” he added as he tapered expectations on when a token would be released.
He also said that Base is committed to building the token on Ethereum and will work with regulators on issuance and distribution.
Coinbase (COIN) launched Base in 2023 and said at the time it had “no plans to issue a network token.”
Base has amassed $5 billion in total value locked (TVL) since it was introduced, with $1.7 billion being added in 2025 alone. It is the second largest layer 2 network behind Arbitrum, according to L2Beat.
