Sep 05, 2025
Coinbase Routes Retail Flow Onchain, Base Emerges as Liquidity Hub
DeFiAerodromeBaseCoinbasecrypto orderflowCrypto TradingPancakeSwapPendleretail cryptosUSDesyrupUSDCUniswap
TLDR: Coinbase beta routes ~5% of retail flow to Base DEXs, unlocking thousands of tokens beyond its CEX listings. Early data shows 2,654 tokens traded onchain compared to 458 listings across Coinbase’s 13-year centralized exchange history. About 40% of routed trades go through Uniswap, with Aerodrome and PancakeSwap splitting another 50% of the orderflow. Yield-bearing [...]
The post Coinbase Routes Retail Flow Onchain, Base Emerges as Liquidity Hub appeared first on Blockonomi.
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