Coinbase switches DRV-USD trading pair to auction mode for trading.

CoinFeed reported on May 29th that Coinbase announced its DRV-USD spot trading pair has entered auction mode. Users can now submit limit orders and view the estimated opening price. During the auction period of at least 10 minutes, the order book will not be matched. After the auction ends, cross orders will be matched at the opening price. Previously, the platform announced that DRV and MetaDAO (META) spot trading would be available in supported regions starting May 27th (Eastern Time) after liquidity conditions were met.