The largest centralized cryptocurrency exchange in the U.S., Coinbase, is set to launch on-chain trading of Solana-based tokens directly through a built-in decentralized exchange in its app, bypassing the need for traditional listings.
The update, unveiled today, Dec. 11, at the Solana Breakpoint conference in Abu Dhabi, per an X post from Solana, routes trades to on-chain liquidity pools, giving retail users access to Solana-based tokens while keeping the experience inside Coinbase’s product.
Speaking at the conference, Andrew Allen, senior protocol specialist at Coinbase, said that users “will get early access to millions of tokens and they can trade these assets the moment they become available on-chain.”
To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
