Common cases (coin) Decentralized exchange is being launched (dex) The company said Friday that it has transactions for U.S. customers in addition to New York State. The move is part of the broader ambition to turn the platform into a “everything app” that cryptocurrency.
Max Branzburg, vice president of product at Coinbase, said the new feature will conduct chain transactions through 0x and 1-inch DEX aggregators to attract liquidity from diversified markets including Uniswap and Aerodrome. Through integrated DEX transactions, Coinbase enables users to interact directly with a blockchain-based liquidity pool without moving funds away.
At publication, traders will be able to discover and exchange the extended list of basic tokens. The roster includes assets from Virtuals AI agents, decentralized token funds for the preparatory protocol (DTFS)index tokens for Soso Value, as well as Auki Labs and Super Champs.
DEX transactions attract certain crypto users because it allows self-observation and permissionless access. Rather than relying on central exchanges to match and settle orders, it is better to execute transactions on the blockchain itself. For traders, this could mean access to a wider range of assets, a faster list of new tokens, and in some cases lower fees. It also eliminates the need to trust intermediaries with funds – despite its own risks, such as exposure to smart contract errors or volatile, trading markets.
The update strengthens Coinbase’s position as a portal to centralized and decentralized crypto markets. It also highlighted the company’s continued push to embed Web3 tools directly into its core platform, positioning it as capturing users who want more control over their transactions and store digital assets.
This move follows the relative success of the platform, such as Hyproliquid, a decentralized derivative exchange with The votes are $11 billion In the past month. It also provides users with a non-monitoring trade option that essentially eliminates the risk of the other side that FTX has attracted attention after the major explosion in 2022.
In recent bull markets, the dispersed exchange volume has achieved a significant upward trend throughout the bull market, from defill The daily volume is $12.8 billion, with the short Coinbase totaling $3.5 billion, while the monthly DEX volume exceeds $40.7 billion.
correct (August 8, 17:20 UTC): An earlier version of this article states that the centrifuge assets will be traded at release, which is incorrect.
