Coinbase’s Verified Pools is a compliant on-chain liquidity system on Base L2 and will be expanded by Opyn’s incoming leadership to support the company’s growing derivatives strategy

Quotes that support claims

Opyn CEO Andrew Leone and head of research Joe Clark will join the markets team and help expand the exchange’s Verified Pools feature, according to Coinbase VP of Engineering at Coinbase Markets Harsha Bhat

The Opyn team has been building in DeFi since the early days; they were the first DeFi options protocol, the inventors of Power Perpetuals, and the team behind Squeeth,” Coinbase VP of Engineering at Coinbase Markets Harsha Bhat wrote in a statement.