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Coinbase Adds Support for Osmosis (OSMO) DeFi Altcoin Under "Experimental Label"

Coinbase has added support for Osmosis (OSMO), an altcoin based on the Cosmos (ATOM) blockchain, under its "Experimental Label" for less liquid and riskier tokens. Osmosis is an Automated Market Maker (AMM) protocol that aims to enable cross-chain transactions using Inter-Blockchain Communication (IBC). Its native governance token, OSMO, is currently trading at around $0.5986 and is ranked 110th by market capitalization. OSMO has already been listed in Binance's "Innovation Zone" for assets that may be more prone to rapid price changes.

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