Deep Dive
1. Base Chain Expansion (Bullish Impact)
Overview: QuickSwap launched on Base Chain (Coinbase’s Ethereum L2) on August 12, 2025, joining Optimism’s “Superchain” ecosystem. This followed a coordinated marketing campaign, including NFT incentives for early users.
What this means:
- Base’s 10M+ user base and Coinbase integrations could funnel new liquidity to QuickSwap.
- The DEX now operates across Polygon, zkEVM, and Base – tripling its addressable market. Historical data shows new chain deployments often trigger short-term price rallies (e.g., +18% after 2024 Immutable zkEVM launch).
What to watch: Base Chain TVL growth – currently at $27M peak post-launch per QuickSwap’s 2024 review.
2. Liquidity Innovations (Mixed Impact)
Overview: QuickSwap integrated Steer Protocol’s concentrated liquidity strategies on Base Chain pools (August 12–13), enabling single-asset deposits and dynamic fee hooks.
What this means:
- Bullish: Higher capital efficiency could attract institutional LPs, with early pools like WBTC/WETH offering 45% APY.
- Bearish: Complex strategies risk fragmented liquidity – only $20M TVL migrated to Steer-vaulted pools so far.
3. Token Burn & Governance (Neutral Impact)
Overview: A community-approved 100% protocol revenue burn has removed 51M QUICK (~5% supply) since July 2025.
What this means:
- Burns create deflationary pressure, but QUICK’s 735M circulating supply dilutes the impact. At current rates, annualized burn equals just 1.2% of supply.
- The policy faces a governance vote in April 2026 – uncertainty persists.
Conclusion
QUICK’s modest gain reflects cautious optimism about its Base Chain growth against macro headwinds (BTC dominance at 56.95%). While technicals show neutrality (RSI 47.71, price near 30-day SMA $0.0247), protocol upgrades position it for potential altseason leverage.
Key watch: Base Chain’s USDC adoption rate – QuickSwap needs stablecoin liquidity to rival Uniswap’s 63% market share on the network.