Over the past 7 days, stablecoin inflows across major chains displayed clear divergence, with Base recording marked inflows outpacing Ethereum, Solana, Arbitrum, and BSC. This indicates that incremental liquidity is consolidating toward the Base ecosystem.
Net on-chain inflows reflect changes in stablecoin balances rather than purely organic new capital. Transfers from exchanges and bridge hops must be accounted for before concluding that new capital has arrived.
When interpreting flow velocity, examine DEX volume alongside retained balances. Inflows paired with rising DEX turnover signal active on-chain deployment rather than transient idle capital.
Data is subject to cross-chain bridges and reporting boundaries. Not financial advice.