Coinbase Expands DeFi Mullet DEX to Brazil
Coinbase brings its DeFi Mullet DEX to Brazil, allowing users to access 10,000+ tokens on Base within the Coinbase app.
- Coinbase integrates DeFi Mullet DEX for Brazilian users
- Over 10,000 tokens accessible directly via Base
- No need to leave the Coinbase app for DeFi trading
Coinbase Takes DeFi Mainstream in Brazil
Coinbase has announced the expansion of its “DeFi Mullet” DEX integration to Brazil, marking a major step in making decentralized finance (DeFi) more accessible in one of Latin America’s biggest crypto markets. With this update, Brazilian users can now access and trade over 10,000 tokens available on the Base blockchain—without leaving the Coinbase app.
This move reflects Coinbase’s broader mission to bridge traditional and decentralized finance. By offering users access to DeFi through a familiar, centralized interface, Coinbase simplifies what is often a complex process for newcomers.
What Is the “DeFi Mullet”?
The term “DeFi Mullet” refers to the combination of a user-friendly front-end (like the Coinbase app) with a decentralized backend (like Base, an Ethereum Layer 2 network). It allows users to enjoy the convenience of a centralized exchange while benefiting from the permissionless, transparent nature of DeFi.
Through this integration, users can directly access decentralized liquidity and a wide array of token options—without needing to deal with external wallets or complex interfaces. It’s a win-win for both beginners and experienced traders.
Brazil: A Growing Crypto Powerhouse
Brazil has rapidly emerged as a leader in crypto adoption across Latin America. By launching DeFi Mullet in Brazil, Coinbase is tapping into a tech-savvy and mobile-first user base. It also aligns with growing interest in DeFi products among Brazilian users, who seek more control, lower fees, and wider asset access.
This integration could spark broader DeFi adoption in the region, as users get seamless access to an ecosystem previously out of reach for many.
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