DEX Volumes Tipped to Explode On Base: 3 Best Base Meme Coins to Buy in 2025?

[Ben Graham]

Trading activity on Coinbase’s Base network is heating up, and meme coins are at the center of the storm. If this momentum holds, Base could see its DEX volumes surge past new milestones in 2025. Will Brett, Toshi, and Degen drive the next breakout, or will the hype fade as quickly as it came?

Base is showing steady growth in decentralized finance (DeFi) activity. 

Data from DeFiLlama shows the daily trading volume on Base’s decentralized exchanges (DEXs) is about $1.379Bn. 

(Source: Base DEXs Volume, DeFiLlama)

The weekly total stands near $9.75Bn, even after a 30.8% decline compared to the previous week.

That level of activity makes Base the fourth-largest chain by DEX volume, behind Solana, Ethereum, and BNB Smart Chain.

(Source: Chain ranked by DEX volume, DeFiLlama)

Most of the trading is concentrated on a handful of platforms. Aerodrome leads with $601.8M in volume, followed by Uniswap at $489.5M and PancakeSwap at $246.2M. Fluid and Balancer also play a role in the network’s liquidity.

The meme coin sector on Base is also expanding. Their combined market capitalization is roughly $1.26Bn, with daily trading volumes reaching around $91.5M. 

As per Coingecko data, the biggest names are Brett (BRETT), Toshi (TOSHI), and Degen (DEGEN). 

Brett holds a market cap of about $445M, Toshi $238M, and Degen $114M. Together, their daily volume is close to $54M.

Analysts say the combination of strong infrastructure and a growing user base could set the stage for higher meme-coin activity in 2025. Because these tokens often spark surges during hype cycles, they may help push Base’s trading volumes even higher in the year ahead.

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According to Tradingview, Brett (BRETT) trades at about $0.04479, with a daily volume near $32.9M and a market cap of roughly $444.6M.

(Source – BRETT USDT, TradingView)

It is the largest meme coin on Base and is often seen as a marker of sentiment for the broader meme-coin market on the network.

Toshi (TOSHI) changes hands at around $0.0005653. It records about $10.25M in daily volume and carries a market cap of $237.8M. 

(Source – TOSHI USDT, TradingView)

Its liquidity and growing user base make it one of the steadier tokens in Base’s meme-coin space, balancing speculation with active trading support.

Degen (DEGEN) is priced close to $0.003087. It sees about $11.56M in daily trades and holds a market cap of $114.3M. 

(Source – DEGEN USDT, TradingView)

While smaller than Brett and Toshi, Degen has an active trading community. 

That activity makes it highly sensitive to swings in market sentiment, creating the possibility of sharp price moves during periods of higher volatility.

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Why Base Could Be the Next Meme Coin Hub?

Base is drawing attention because of its speed, low fees, and growing decentralized finance (DeFi) infrastructure. 

Daily trading on its decentralized exchanges (DEXs) already tops $1.3Bn, giving tokens a strong base of liquidity.

With Brett, Toshi, and Degen already holding significant positions, they are likely to remain key players as 2025 approaches. 

Analysts point to the mix of social hype, easy access through DEXs, and steady inflows of capital as reasons why Base could become a leading platform for meme coins in the year ahead.

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