Centralized exchanges are embracing the DeFi mullet
Centralized exchanges (CEXs) are increasingly integrating decentralized finance (DeFi) capabilities into their operations. Bybit announced the launch of a DEX on Solana, complemented by a yield product and a token launchpad, allowing users to trade on-chain with robust liquidity. Coinbase is set to integrate Base DEXs within its platform, offering gas-less trading access to numerous altcoins, benefiting both users and the DEXs on Base. Binance is running its Alpha campaign, incentivizing trading via competitions and promoting the adoption of its keyless wallet, which contributes to its dominance in the crypto wallet space. This shift indicates that DeFi infrastructure has matured sufficiently for regulatory-compliant centralized entities to incorporate it into their technology stacks, marking a significant evolution in the on-chain economy and user access to decentralized solutions.
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