Coinbase orderflow is starting to move onchain. (but slowly)
In early beta (~5% of users), trades from the @coinbase app are routed to @Uniswap, @AerodromeFi, and @PancakeSwap via aggregators.
This marks the first time AMMs, not order books are carrying Coinbase’s retail flow.
https://twitter.com/web3_pastel/status/1963640509995614405

Twitter

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