Coinbase Reports Service Issues Affecting DEX, Borrow, and Lend Features
The cryptocurrency exchange acknowledges degraded performance on decentralized exchange trading, borrowing, and lending services, with some users possibly impacted.
Summary
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Terms & Concepts
DEX (Decentralized Exchange): A peer-to-peer platform for trading cryptocurrencies without intermediaries.
Borrow and Lend: Crypto services allowing users to borrow assets using collateral or lend assets to earn interest.