Coinbase's layer 2 network is running a month-long contest that rewards real onchain usage over polished pitch decks

Fri 6 Nov 2026 · 13:03 EST · 2 min read

In Stocks

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Base is putting up more than $100,000 in prizes to get developers building around tokenized stocks.

The Coinbase-backed Ethereum layer 2 network kicked off a month-long builder competition on November 5, 2026, branded as “Stocks Maxxing Season.” Submissions are due December 5, 2026. Builders can enter brand-new apps or upgrade projects that already exist, as long as the work ties back to tokenized equities.

How the competition works

The contest is split into three tracks. Meme and Community Economies is the first. Agentic Stock Finance is the second, covering apps where programs, not just people, interact with tokenized equities. Programmable Stock Markets rounds out the list.

The scoring breakdown is where things get interesting. Half of each project’s score, 50%, comes from traction, defined as real onchain usage. Product quality accounts for 25%, and public build activity makes up the remaining 25%.

Building in public gets its own reward too. A $6,000 prize is reserved for the best project developed out in the open.

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One notable rule: participants do not need to launch a token. The focus stays on products, agents, communities, and features tied to tokenized equities.

Partners and timeline

Base is not running the show alone. o1 Exchange, Bankr, and Stonks Exchange have signed on as partners and are expected to contribute additional prizes and resources for competitors.

The application window opened on launch day. It includes a brainstorming period meant to help collaborators find each other and form teams before the real building starts. Winners will be named after the December 5 submission deadline.

Background: tokenized stocks on Base

The competition builds on infrastructure that Coinbase already has in place. Tokenized stocks issued by Coinbase went live in August, enabling trading on decentralized exchanges such as Aerodrome. These equity tokens are backed by regulated custodians and can trade around the clock.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.