Coinbase has officially launched decentralized exchange (DEX) trading for U.S. users, excluding those in New York state, marking a major milestone in the integration of decentralized finance (DeFi) into its centralized platform. The new functionality enables users to trade directly on-chain, providing instant access to newly launched tokens without the need for traditional listing procedures [1]. This expansion is initially powered by Coinbase’s Base network, an Ethereum Layer 2 scaling solution, with future plans to include support for other blockchain protocols such as Solana [2].
Available through the Coinbase mobile app, the DEX feature allows users to trade on decentralized networks without additional identity verification or data sharing [3]. This represents a strategic move to streamline the user experience by bridging the gap between centralized and decentralized ecosystems, offering both retail traders and developers a…
