In the fast-paced world of blockchain and crypto, staying ahead means keeping an eye on the big players and their visions for the future. Recently, Jesse Pollak, the head of Base—a Layer 2 blockchain built by Coinbase—shared some exciting thoughts during a live session on the 11AM show with Seed Club. The clip, posted on X by @11AMdotclub, highlights how Base is evolving into a hub for a truly permissionless global capital market.

The Key Quote from Jesse Pollak

In the short video clip, Pollak explains the emergence of a new system on Base: "...What we’ve seen emerge is this basically permissionless listing process that is putting together Aerodrome, Base, Coinbase… into this global capital market that’s starting to form on Base."

For those new to the terms, a "permissionless listing process" means anyone can launch and list a token without needing approval from a central authority. This is a big deal in crypto, where traditional exchanges often have strict listing requirements. Aerodrome is a decentralized exchange (DEX) on Base, known for its efficient automated market maker (AMM) model, while Coinbase is one of the largest centralized exchanges (CEX) in the world.

The discussion was part of a broader episode featuring David Sneider from Lit Protocol, focusing on the upcoming $LITKEY token launch and no-fee CEX listings. Lit Protocol is a decentralized network for managing cryptographic keys, enabling privacy and autonomy in web3 applications.

Context: $LITKEY Token Launch on Aerodrome

The $LITKEY token, the native asset for Lit Protocol, is set to launch on October 30, 2025, at 00:00 UTC via Aerodrome's "Aero Ignition" mechanism. This community-driven launch deposits 10 million $LITKEY tokens into a liquidity pool, allowing fair price discovery without pre-sales or insider advantages. Following the DEX launch, $LITKEY is slated for CEX listings on November 6, reportedly with no fees involved—aligning with the "no fee CEX listings" theme of the show.

According to details from Lit Protocol's blog, $LITKEY will serve as the network's utility token for payments, staking, and governance. This model emphasizes decentralization and community involvement, making it a prime example of how Base's ecosystem supports innovative projects.

Why This Matters for Meme Tokens and Blockchain Practitioners

While $LITKEY isn't a meme token per se—it's backed by real utility in decentralized key management—the infrastructure Pollak describes is a game-changer for the meme token space. Base has become a hotspot for meme coins due to its low fees, fast transactions, and integration with Coinbase's user base. The permissionless setup means meme creators can launch tokens on Aerodrome, gain liquidity, and potentially bridge to Coinbase for wider exposure—all without gatekeepers.

Imagine deploying a fun, viral meme token and having it accessible globally almost instantly. This reduces barriers, fosters creativity, and democratizes capital formation. For traders and investors, it opens up opportunities in emerging markets, but it also comes with risks like volatility and rugs, so always DYOR (do your own research).

As Pollak notes, this integration of DEX (Aerodrome), L2 (Base), and CEX (Coinbase) is forming a "global capital market." It's like having a stock exchange where anyone can list and trade, powered by blockchain's transparency.

Broader Implications for Crypto

This development signals a shift toward more open financial systems. Traditional finance often excludes small players, but on Base, the playing field is leveling. Projects like Lit Protocol benefit from this, as do countless meme tokens that drive community engagement and liquidity.

If you're into meme tokens, keep an eye on Base and Aerodrome—they're where the action is. For more on $LITKEY, check out the official announcement. And if you missed the full 11AM episode, it's worth tuning in to future shows for insider insights.

Stay lit in the crypto world! 🚀