Base App vs edgeX

Base App is an onchain wallet and trading app developed by Base, the Ethereum Layer 2 ecosystem built by Coinbase. Formerly known as Coinbase Wallet, it combines crypto asset management, token trading, payments, social features and decentralized app discovery in a single interface. Users can buy, sell and swap millions of assets, send and receive USDC, explore mini apps and DeFi protocols, earn rewards on eligible assets, and interact with friends or AI agents through encrypted chats. Base App also features an onchain social feed where users can discover trending assets, creators and communities and trade directly from content. It is available on web and mobile and is designed as an integrated gateway to the broader Base ecosystem.

The edgeX Bridge tracks the assets users deposit to trade on edgeX, the order book exchange for perpetuals and spot. Funds are held in edgeX contracts across Ethereum, Arbitrum and the edgeX L1, while trades are matched at high speed on the exchange and settled with on-chain custody. The bridged balance is the collateral that backs trading across edgeX products.