Coinbase Expands DeFi: DEX Service Launches in Brazil

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author: CryptoNews

date: November 19, 2025

1 min. read

Coinbase is bringing decentralized finance (DeFi) to Brazil with the launch of its DEX service. As reported by Cointelegraph, Brazilian users will soon have access to decentralized trading opportunities. This expansion follows the initial launch of DeFi Mullet in the United States in October. DeFi Mullet is built on Coinbase's Ethereum Layer 2 Base, offering users faster and cheaper transactions within the Coinbase ecosystem. While the exact launch date for the Brazilian DEX service remains undisclosed, the move signals Coinbase's commitment to expanding its DeFi offerings globally and providing Brazilian users with greater access to decentralized financial tools. Expect lower fees and faster trades on select cryptocurrencies. ```