Coinbase 深入研究美国用户的 DEX 交易（对不起，纽约！）

Coinbase 将 DEX 交易扩展到纽约以外的美国用户，提供对数百万资产的访问，并与 1inch 集成以简化 DeFi 访问。

Alright, crypto enthusiasts, listen up! Coinbase is shaking things up again, and this time it's all about decentralized exchange (DEX) trading for us folks in the US. But before you New Yorkers get too excited, there's a catch – you're sitting this one out for now. Let's dive into what's happening.

好吧，加密货币爱好者们，听着！ Coinbase 再次掀起变革，这一次是关于美国人民的去中心化交易所 (DEX) 交易。但在你们纽约人太兴奋之前，有一个问题——你们现在先把这件事搁置一边。让我们深入了解正在发生的事情。

Coinbase Officially Rolls Out In-App DEX Trading

Coinbase 正式推出应用内 DEX 交易

Coinbase has officially launched decentralized exchange (DEX) trading directly within its mobile app for U.S. users. This expansion gives users access to a vast universe of tokens, even before they get the official Coinbase listing treatment. Think of it as getting in on the ground floor, Wall Street style, but with more memes and less regulation (sort of).

Coinbase 已正式在其移动应用程序中为美国用户推出去中心化交易所 (DEX) 交易。这种扩展使用户可以在获得官方 Coinbase 上市待遇之前就可以访问大量的代币。可以把它想象成进入底层，华尔街风格，但有更多的迷因和更少的监管（某种程度上）。

This feature, which was initially tested with a select group of users back in August, is now available to all eligible U.S. users. According to Coinbase, you can now explore and trade “millions of assets, moments after they launch.” That’s a whole lotta crypto!

该功能最初于 8 月份在一组选定的用户中进行了测试，现在可供所有符合条件的美国用户使用。根据 Coinbase 的说法，你现在可以探索和交易“数百万种资产，在它们发布后不久”。那是一大堆加密货币！

Base-Native Tokens Take Center Stage

基础原生代币占据中心舞台

At launch, the focus is on Base-native tokens – assets originating from projects like Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs, and Super Champs. Coinbase is positioning its in-app DEX as a bridge connecting the centralized and decentralized worlds, leveraging its Base network to make token discovery and execution smoother than ever. This move shows how centralized exchanges are trying to capture the growth and volume of DEXs.

发布时，重点是基础原生代币——源自 Virtuals AI Agents、Reserve Protocol DTF、SoSo Value Indices、Auki Labs 和 Super Champs 等项目的资产。 Coinbase 将其应用内 DEX 定位为连接中心化和去中心化世界的桥梁，利用其 Base 网络使代币发现和执行比以往更加顺畅。此举表明中心化交易所如何试图抓住 DEX 的增长和交易量。

1inch Integration: A DeFi Power Move

1 英寸集成：DeFi 的强力举措

To further sweeten the deal, Coinbase has integrated the 1inch Swap API into its app. This integration gives users direct access to non-custodial token swaps, lowering the barriers to entry into the DeFi space and expanding access to liquidity. Scott Shapiro, head of trading at Coinbase, calls it “a significant step forward in bringing onchain trading to our users.”

为了进一步促进交易，Coinbase 已将 1inch Swap API 集成到其应用程序中。这种集成使用户可以直接访问非托管代币交换，降低进入 DeFi 领域的门槛并扩大获得流动性的机会。 Coinbase 交易主管 Scott Shapiro 称其为“向用户提供链上交易的重要一步”。

Why Now? The Shift to DEXs is Real

为什么是现在？向 DEX 的转变是真实的

This move comes at a time when perpetual decentralized exchanges (perp DEXs) are experiencing massive growth. Recent data shows perp DEX volumes hitting a record $1.226 trillion over the past 30 days. This surge indicates a growing appetite for decentralized derivatives trading, driven by the transparency, self-custody, and 24/7 global access that DEXs offer.

此举正值永久去中心化交易所（perp DEX）正在经历大规模增长之际。最新数据显示，过去 30 天内 Perp DEX 交易量达到创纪录的 1.226 万亿美元。这种激增表明，在 DEX 提供的透明度、自我托管和 24/7 全球访问的推动下，人们对去中心化衍生品交易的兴趣日益增长。

While centralized exchanges still hold a significant portion of the trading volume, the trend toward DEXs is undeniable. Traders are increasingly seeking platforms that offer more control over their assets and greater transparency in their trading activities.

尽管中心化交易所仍占据交易量的很大一部分，但去中心化交易所的趋势是不可否认的。交易者越来越多地寻求能够对其资产提供更多控制并提高交易活动透明度的平台。

Compliance in the Crypto Wild West

加密狂野西部的合规性

Of course, with greater access comes greater responsibility. As crypto moves toward more on-chain payment infrastructure, robust compliance and fraud prevention systems are essential. That’s where companies like CipherOwl come in. Founded by ex-Coinbase employees, CipherOwl uses AI to monitor crypto transactions and provide compliance solutions. Their clients include Coinbase, OKX, and even law enforcement agencies.

当然，更多的机会意味着更大的责任。随着加密货币转向更多的链上支付基础设施，强大的合规性和欺诈预防系统至关重要。这就是 CipherOwl 这样的公司发挥作用的地方。CipherOwl 由前 Coinbase 员工创立，使用人工智能来监控加密交易并提供合规解决方案。他们的客户包括 Coinbase、OKX，甚至执法机构。

The Future is Decentralized (With a Few Caveats)

未来是去中心化的（有一些注意事项）

Coinbase’s foray into DEX trading is a clear sign that the future of finance is becoming increasingly decentralized. By offering users access to a wider range of assets and streamlining the DeFi experience, Coinbase is positioning itself at the forefront of this evolution.

Coinbase 进军 DEX 交易是一个明确的信号，表明金融的未来正变得越来越去中心化。通过为用户提供更广泛的资产访问权限并简化 DeFi 体验，Coinbase 将自己定位在这一发展的最前沿。

So, what's the takeaway? Coinbase is making moves to stay relevant in the ever-evolving crypto landscape. DEX trading for US users (minus those in New York, sorry again!) is here, and it's bringing a whole new world of possibilities. Get ready to explore millions of assets and dive into the exciting world of DeFi. Just remember to do your research and trade responsibly. After all, we're still in the Wild West of crypto, and a little caution never hurt anyone. Happy trading, folks!

那么，要点是什么？ Coinbase 正在采取措施，在不断发展的加密货币领域保持领先地位。美国用户（不包括纽约用户，再次抱歉！）的 DEX 交易已经到来，它带来了一个全新的可能性世界。准备好探索数百万资产并深入令人兴奋的 DeFi 世界。请记住负责任地进行研究和交易。毕竟，我们仍处于加密货币的狂野西部，稍微谨慎一点不会伤害任何人。祝各位交易愉快！