Coinbase has officially launched decentralized trading (DEX) directly in its main app for all US users except those in New York.
The feature, which was first previewed in August, allows customers to trade tokens on the Base network moments after launch, long before they can be officially listed on Coinbase's traditional platform.
The integration, powered by liquidity from 1inch and 0x, enables "secure, non-custodial token swaps" and provides access to a range of new Base-native assets at launch.
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The launch of the DEX integration comes after a challenging second quarter for Coinbase, which saw its trading volume decline.
This feature is seen as a strategic move to give new momentum to the platform's activity and capture a new segment of the on-chain market.