The number of tokens will increase by orders of magnitude this cycle.

Listing doesn't scale. You have to index.

Yahoo! Directory vs. Google

https://x.com/jconorgrogan/status/1882833028113903996

“We need to rethink our listing process” 👀

We need to rethink our listing process at @coinbase given there are ~1m tokens a week being created now, and growing. High quality problem to have, but evaluating each one by one is no longer feasible. And regulators need to understand that applying for approval for each one is…

Brian Armstrong

“We need to rethink our listing process” 👀 

https://x.com/brian_armstrong/status/1883329603239899346?s=46

This BTC loan product looks like the first integration of a passkey-based smart wallet in a major CEX.

Next, CEXs will suddenly "list" every DEX-based token using a similar integration.

In the same UI where you buy CEX tokens, you’ll be able to buy any DEX-based token. Exchanges will use DEX liquidity instead of spinning up their own. 

Users will spend from their CEX balance via a “magic spend” feature (no need to transfer balances to an onchain address first), and the purchased token will land in their onchain smart wallet address.
https://x.com/sidrmsh/status/1879905729143873870

What’s coming: https://warpcast.com/kyle/0xe305e03e

Yeah they are take decades to list anything and now they realise all missed revenue, but Garry was biggest brake of this progress. Now they have some real freedom.

Directories won’t work for much longer. The future is in search.

Couldn’t they just look up whatever folks share on socials or trade using apps like interface etc

Depends on the chain ofc but based tokens been surely underrepresented on coinbase

Billion dollar market cap minimum to list.

There I fixed it 😄

They should be diverting people to the decentralized exchanges for the meme coins anyway.

Head of Eng Coinbase CDP. Prev Head of Eng @ Zora.
Building for builders

index like a search engine. Onchain indexing has always intrigued me since @programmer worked a ton on it at Zora for 721s.

so cool to see the benefits of a CEX slowly being out weighed by benefits of a DEX

💯 I downloaded kraken for the first time to judge how different it was to CB (which I’ve been using since 2016). 

Was extremely surprised how many more tokens were available to trade.

Just add a third tab to Coinbase for DEXes on Base via Smart Wallet and let’s get this show on the road. 

> Coinbase
> GDAX
> Uniswap, Aerodrome, Matcha, Oku

Indexing &gt; Listing

When everything is onchain, you don’t “list” assets, you index them

Max Branzburg 🛡

“Dwr was right”

https://x.com/maxbranzburg/status/1883557327602872531?s=46

Now when DEXed are cheap enough, centralised exchanges will never be able to compete with them except for institutional order flow.

Maybe companies that have the best AI network will use AI to increase efficiency...

"1m tokens a week"

"evaluating each one by one"

A mean... I would have thought they would have gotten the point at 100k a week or earlier...

At least they are rethinking...

is there a good writeup/thesis on why millions of tokens is sustainable? aren't they just mostly scams?

problem solved: just hire a doxxed degen from farcaster that has street cred, undestands social tracking, and sound at analyzing onchain behaivors and stats