Coinbase 进军 DEX 交易：美国加密货币用户的新时代（当然不包括纽约！）

Coinbase 为美国用户（不含纽约人）推出 DEX 交易，让他们能够抢到媒体报道的热门代币。这是混合加密平台的未来吗？

Coinbase is shaking things up! They've officially launched DEX trading within their app for US users (sorry, New York), giving access to millions of assets moments after they launch. Let's dive into what this means for the crypto landscape.

Coinbase 正在撼动一切！他们已在其应用程序中正式为美国用户（对不起，纽约）推出了 DEX 交易，推出后即可访问数百万资产。让我们深入探讨这对加密货币领域意味着什么。

Coinbase's DEX Debut: A Game Changer?

Coinbase 的 DEX 首次亮相：改变游戏规则？

Coinbase's integration of DEX trading is a pivotal move. By integrating its Swap API, powered by 1inch, into the Coinbase app, they're offering US users direct, non-custodial token swaps. This lowers the barriers to DeFi and expands access to liquidity, all within the familiar Coinbase environment.

Coinbase 整合 DEX 交易是一个关键举措。通过将由 1inch 提供支持的 Swap API 集成到 Coinbase 应用程序中，他们为美国用户提供直接、非托管的代币交换。这降低了 DeFi 的门槛并扩大了流动性的获取范围，所有这些都在熟悉的 Coinbase 环境中进行。

This isn't just some minor tweak; it's a strategic shift to become an "everything app" for digital assets. Think unified platform supporting traditional trading, decentralized finance, and self-custody solutions. Pretty ambitious, right?

这不仅仅是一些小调整；这是一个战略转变，成为数字资产的“一切应用程序”。考虑支持传统交易、去中心化金融和自我托管解决方案的统一平台。相当雄心勃勃，对吧？

Why Now? The Market Speaks

为什么是现在？市场说话

The timing is crucial. Coinbase has been facing declining spot trading volumes, with competition heating up from decentralized platforms. Integrating DEX functionality allows them to capture a new segment of users who crave transparency and control – especially after those high-profile exchange failures. People want the security of self-custody, but they also want a smooth, compliant user experience.

时机至关重要。随着去中心化平台的竞争加剧，Coinbase 一直面临现货交易量下降的问题。集成 DEX 功能使他们能够吸引渴望透明度和控制力的新用户群体——尤其是在那些备受瞩目的交易所失败之后。人们想要自我托管的安全性，但他们也想要流畅、合规的用户体验。

Base Layer Bonanza

基础层富矿

Don't forget about Base, Coinbase's Layer 2 network built on Ethereum. This DEX integration puts Base front and center in their future growth strategy. Base has become a low-cost, developer-friendly platform for decentralized applications. By making it easier to trade Base-native tokens (like those from Virtuals AI Agents and Reserve Protocol), Coinbase is boosting the entire ecosystem.

不要忘记 Base，Coinbase 在以太坊上构建的第 2 层网络。这种 DEX 整合将 Base 置于其未来增长战略的前沿和中心。 Base 已成为一个低成本、开发者友好的去中心化应用平台。通过让 Base-native 代币（如来自 Virtuals AI Agents 和 Reserve Protocol 的代币）的交易变得更加容易，Coinbase 正在推动整个生态系统的发展。

The New York Exception

纽约例外

Worth noting: New York is excluded from this initial rollout. Regulatory hurdles are always a fun challenge, right? However, the rest of the US can now trade tokens before they even hit traditional listings on the exchange. Coinbase users can explore millions of assets, practically as soon as they launch.

值得注意的是：纽约被排除在此次首次推出之外。监管障碍总是一个有趣的挑战，对吗？然而，美国其他地区现在甚至可以在代币在交易所进行传统上市之前就进行交易。 Coinbase 用户几乎一推出就可以探索数百万种资产。

My Two Satoshis

我的两个中本聪

Coinbase's DEX play could be a blueprint for compliant on-chain trading in the US. It will be interesting to see how the regulatory landscape evolves, but Coinbase is positioned to be a key player. The ability to combine usability, compliance, and decentralization could set a new standard for hybrid crypto platforms.

Coinbase 的 DEX 策略可能成为美国合规链上交易的蓝图。监管环境如何演变将会很有趣，但 Coinbase 定位为关键参与者。结合可用性、合规性和去中心化的能力可以为混合加密平台设定新标准。

The Bottom Line

底线

Coinbase is redefining what a modern crypto exchange can be—an ecosystem where centralized infrastructure meets decentralized innovation, opening new possibilities for traders and developers. It's a bold move, and it'll be interesting to see how it plays out. One thing's for sure: the future of crypto is getting more interesting by the day. So buckle up, grab your favorite DeFi beverage, and enjoy the ride!

Coinbase 正在重新定义现代加密货币交易所——一个中心化基础设施与去中心化创新相结合的生态系统，为交易者和开发者带来新的可能性。这是一个大胆的举动，看看它如何发挥作用将会很有趣。有一点是肯定的：加密货币的未来正变得越来越有趣。所以，系好安全带，拿起你最喜欢的 DeFi 饮料，享受这段旅程吧！