In the fast-paced world of blockchain, where meme tokens on Base are exploding in popularity, tools that make trading and staking more efficient are gold. Recently, Ross (@z0r0zzz), a contract expert and protocol developer, shared an exciting update on X about Based Swap—a simpler DEX aggregator built on the Base network. This isn't just another swap tool; it's designed to give you the best rates and lowest gas fees, especially when staking ETH.

Based Swap aggregates liquidity from six major automated market makers (AMMs), including big names like Uniswap, Aerodrome Finance, and ZAMM DeFi. What sets it apart? It's fully onchain with solvers that optimize your trades, and it charges zero fees. Plus, it uses call data compression to slash gas costs—meaning you keep more of your crypto in your wallet.

Based Swap user interface showing a USDC to WBTC swap

In his thread, Ross highlights how Based Swap makes staking ETH a breeze. For instance, he demonstrates converting about $22.96 worth of ETH into $22.97 worth of wstETH (wrapped staked ETH) with a gas fee of just $0.000263. That's insanely low, thanks to the onchain optimization and compression tech. wstETH is essentially ETH that's staked on Lido or similar protocols, earning you yields while remaining liquid for trading.

Transaction details of an ETH to wstETH swap on Based Swap with minimal gas fees

But why does this matter for meme token traders? Base, an Ethereum Layer 2 chain, is a hotspot for meme coins like those inspired by viral trends or communities. With Based Swap, you can quickly swap into or out of these tokens without getting hammered by fees or slow executions. The aggregator scans multiple AMMs to find the best path, ensuring you get top rates even in volatile meme markets.

Another cool feature: the UI lives on ENS domains and is hosted on IPFS, backed by Ethereum. This means Based Swap is immutable and always available— it "never goes down," as Ross puts it. You can access it directly at base.zamm.eth.limo, where ENS tracks the latest IPFS hash for updates.

Check out the full thread and demo video on X for a live walkthrough: View the thread.

If you're diving into Base memes or just want cheaper ETH staking, Based Swap could be your new go-to. It's tools like this that empower blockchain practitioners to stay ahead in the ever-evolving crypto landscape. Stay tuned to Meme Insider for more updates on innovative DeFi solutions tailored for meme token ecosystems.