Coinbase Launches Verified Pools for Safer On-Chain Trading
Coinbase has introduced Verified Pools, a new liquidity solution designed to enhance safety and transparency in on-chain trading. This feature, announced on March 18, reduces counterparty risks while maintaining decentralization.
Decentralized finance allows users to trade assets without intermediaries. However, anonymous fund providers can make liquidity pools risky. Verified Pools addresses this by requiring users to link their Coinbase Wallet, Prime Onchain Wallet, or third-party wallets using a Coinbase Verification credential. This ensures liquidity providers are verified, adding an extra layer of trust to on-chain transactions.
Based on the Uniswap (UNI) v4 protocol, Verified Pools uses āhooksā for advanced smart contract functionality. It partners with Gauntlet to optimize liquidity pool health. Transactions occur on Base, Coinbaseās layer-2 network, reducing costs and improving speed.
Verified Pools is available in several regions, including the U.S., Singapore, and the Netherlands. For institutions, it offers concentrated liquidity and controlled access. Retail traders can also use it for direct, intermediary-free trading with verified liquidity.
With renewed interest in Coinbase, a Bernstein Research analysis predicts Coinbase stock could rise over 60%, citing favorable U.S. regulatory changes. The report calls Coinbase the āAmazon of crypto,ā highlighting its leadership in crypto infrastructure. Trumpās pro-crypto initiatives further boost industry hopes.
As Coinbase expands its on-chain ecosystem, it truly seems poised to capitalize on these developments.
