Golden Finance reports that, according to the latest data from L2beat, the total amount locked in Coinbase’s Layer 2 solution, the Base chain, saw a significant drop over the weekend (September 30 and October 1). It fell from $551 million to $426 million, shrinking by more than $120 million and a drop of over 20%. The reason for the decline is still unclear. So far, Base TVL has rebounded slightly to $444 million, and it has already been surpassed by zkSync Era.