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Coinbase to roll out its new ‘DeFi Mullet’ offering in Brazil

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 38 Views

Coinbase is rolling out its DEX trading platform to Brazil about six weeks after it launched in the US, offering Brazilians over 10,000 tokens to trade without leaving Coinbase’s app.

Coinbase is expanding its decentralized exchange trading platform, called “DeFi Mullet,” to Brazil, providing them with access to tens of thousands of tokens without needing to leave the Coinbase app.

Powered by Coinbase’s Ethereum layer 2 Base, DeFi Mullet first launched in the US on Oct. 8 and is designed to abstract away the complexities of using decentralized finance protocols.

“Using our DEX integration, users can trade on popular DEXs, like Aerodrome and Uniswap, without leaving the familiar ease of the Coinbase interface,” Coinbase said on Wednesday.

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