Author Topic: Coinbase Backs New Ethereum-based DEX to Rival Uniswap (Read 1739 times)

Galaxy · « **on:** October 09, 2020, 12:35:40 PM »

CoFiX aims to improve on popular automatic market makers, the most popular of which is Uniswap. Coinbase, Dragonfly Capital and Huobi today invested $500,000 in CoFiX, a decentralized exchange.

CoFiX, founded in March by a Chinese-speaking team, falls under the umbrella term of decentralized finance. The term, also known as DeFi, refers to a multitude of non-custodial crypto financial products, such as loans, decentralized stablecoins and other synthetic derivatives, and decentralized exchanges—many of which popped up this summer.
Info link: https://decrypt.co/44208/coinbase-dragonfly-ethereum-dex-rival-uniswap

Altcoins Talks - Cryptocurrency Forum · « **on:** October 09, 2020, 12:35:40 PM »

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Author Topic: Coinbase Backs New Ethereum-based DEX to Rival Uniswap (Read 1739 times)

Galaxy

Coinbase Backs New Ethereum-based DEX to Rival Uniswap

Altcoins Talks - Cryptocurrency Forum

Coinbase Backs New Ethereum-based DEX to Rival Uniswap