Cryptocurrency exchange Coinbase has announced the launch of DEX trading integrated directly into its app.
Launch of DEX Trading in Coinbase
Coinbase has added a DEX trading feature, allowing users to trade millions of assets directly through the app. Initial assets will include Base-native tokens from projects such as Virtuals AI Agents and Reserve Protocol.
Trading Volumes on Base
The launch of DEX trading has boosted trading volumes on the Base platform, with over $2 billion traded daily. CEO Brian Armstrong noted that the new feature is currently available to only 1% of app users.
Future Plans
Coinbase plans to continue expanding DEX functionality to include support for other networks, beginning with Solana, and to cover more countries. Brian Armstrong emphasized that this is just the start, and the platform will support all chains users desire.
The integration of DEX trading into Coinbase opens up new opportunities for users and promises further expansion of functionality and supported assets.