Key Points
- •Coinbase launches a DEX, allowing for on-chain token swaps in the US.
- •Integration with 1inch and 0x provides access to liquidity pools.
- •Launch signifies a move towards decentralization and non-custodial trading.
Coinbase, Inc. has integrated a decentralized exchange feature into its U.S. app, allowing token swaps through 1inch and 0x liquidity pools, although New York remains excluded.
This enhancement could reshape U.S. crypto trading by broadening access to decentralized finance and promoting early interaction with Base network tokens.
Regulatory Challenges and Market Implications
Historical Context, Price Data, and Expert Analysis
CoinMarketCap notes Ethereum (ETH) is trading at $4,431.27 with a market cap of $534.87 billion and market dominance of 12.83 %. ETH's 24‑hour trading volume is $41.05 billion, with notable price movements over 90 days at +46.62 %.
Links to financial anticipation
Did you know? The exclusion of New York from Coinbase's DEX launch highlights the ongoing complexity of meeting the state's BitLicense regulatory standards, which has historically challenged other exchanges as well.
Links to financial anticipation highlight that the launch could diversify user trading behaviors, gradually shifting attention toward decentralized markets. This trend may influence Ethereum's transactional volume and liquidity as its role in DEX operations expands through platforms like Base.
Coinbase's rollout introduces a new feature allowing users to conduct token swaps using the integrated liquidity pools of 1inch and 0x. The service offers early access to native tokens of the Base network prior to their traditional availability.
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