QuickSwap, the decentralized exchange best known for Polygon, has surpassed $700 million in cumulative trading volume on Base, Coinbase’s Layer 2 network. The protocol’s Base deployment was approved through a governance vote on May 13, 2025, and its DragonFi suite later expanded to include spot swaps, V3 concentrated liquidity, yield farming, staking and perpetual trading in the fourth quarter of 2025. Base volume reached $500 million by early June 2026, exceeded $600 million by late August and stood at roughly $667 million on September 21 before crossing the latest milestone. QuickSwap is targeting $1 billion in Base volume. Its Polygon lifetime volume is in the tens of billions, while the QUICK token trades at approximately $0.01 with a market capitalization in the low millions. Weekly buyback-and-burn programs use part of protocol trading-fee revenue to purchase and destroy QUICK, with recent data indicating that buybacks exceed token emissions.