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Coinbase Supercharges DeFi: Wrapped ADA Now Live on Base Network for Seamless Trading
Coinbase Supercharges DeFi: Wrapped ADA Now Live on Base Network for Seamless Trading
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Coinbase just flipped the switch on wrapped Cardano (ADA) for its Base network—DeFi traders, meet your new liquidity playground.
Why it matters: ADA’s Ethereum-compatible wrapper bridges the gap between Cardano’s ecosystem and Base’s growing DeFi hub. No more hopping chains like a crypto kangaroo.
The fine print: This ‘WADA’ rollout lets traders bypass Cardano’s native limitations while keeping exposure—because who actually wants to deal with slow bridges or fragmented liquidity? (Answer: nobody.)
Bonus jab: Another day, another wrapped asset—because clearly, the crypto space needed more synthetic derivatives to ‘simplify’ trading. Your move, regulators.
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