title: New decentralized finance (DeFi) trading altcoin is surging after gaining support from the top US-based crypto exchange platform by volume

In a new thread on the social media platform X, Coinbase says it's adding the DeFi token Definitive Finance (EDGE) to its suite of digital asset products with an experimental label

A new decentralized finance (DeFi) trading altcoin is surging after gaining support from the top US-based crypto exchange platform by volume.

DeFi token Definitive Finance (EDGE) has been included in the digital asset listing service of Coinbase (NASDAQ:COIN), the largest US crypto exchange platform by trading volume. According to a recent post by the exchange on X (formerly Twitter), the token is now available for trading on Coinbase’s platform.

However, the asset has been added with an experimental label. This label is used by Coinbase to highlight assets that may have higher volatility or lower trading volume compared to other products offered by the firm.

“We're experimenting by adding more products, including DEFINITIVE FINANCE (EDGE).”,Coinbase says in a part of the post.

“Coinbase Expirementl Products may have higher volatility, lower trading volume, or be less widely followed than other products onCoinbase, ” a disclaimer reads.

The news of the addition saw EDGE fly, as the token went from an April 2nd low of $0.0274 to a peak of $0.1157 just a few hours later. The digital asset has since retraced and is trading for $0.086 at time of writing, a staggering gain of nearly 180% during the last 24 hours.

According to its official website, Definitive aims to mimic the experience offered by centralized exchange platforms, such as Coinbase and Binance, despite being decentralized.

According to its official website, Definitive aims to mimic the experience offered by centralized exchange platforms, such as Coinbase and Binance, despite being decentralized.

“Definitive is the future of onchain trade execution. We deliver a CeFi-like experience on DeFi rails via a fully non-custodial platform and API (application program interface) that is live across Solana, Base and other major EVM (Ethereum virtual machine) chains.

“Definitive is the future of onchain trade execution. We deliver a CeFi-like experience on DeFi rails via a fully non-custodial platform and API (application program interface) that is live across Solana, Base and other major EVM (Ethereum virtual machine) chains.

With Definitive, anyone – from a retail user, to a whale, to a liquid fund, or even an AI agent – can trade any asset on any chain with the same institutional-grade execution found in CeFi.”

The above is the detailed content of title: New decentralized finance (DeFi) trading altcoin is surging after gaining support from the top US-based crypto exchange platform by volume. For more information, please follow other related articles on the PHP Chinese website!