Since the Base app fully opened for registration, over 21,000 users have joined in the past two days, accounting for more than 10% of the total. As a key distribution channel for Base network applications, this super app created by Coinbase, integrating social, trading, and exploration, now has a total user base nearing 200,000. However, the new users from the past two days have not yet converted into trading users on the Base app, and the built-in Swap trading volume remains relatively limited.