Catenaa, Monday, August 11, 2025-Coinbase announced the launch of a decentralized exchange (DEX) integration for US users, excluding New York State, expanding access to millions of digital assets previously unavailable on the platform.
This move follows a decline in Coinbase’s spot trading volumes and revenue in the second quarter. The DEX feature, powered by Ethereum’s Layer 2 network Base, allows users to trade new assets instantly as they are created. Coinbase plans to add support for other networks, including Solana, in the near future.
Through this integration, users can trade on leading DEX platforms like Aerodrome and Uniswap directly within the Coinbase app. The company described the launch as part of its broader strategy to become an “everything exchange,” incorporating tokenized stocks, prediction markets, and early-stage token sales.
Coinbase’s share price has fallen from over $400 in July to around $304 as of Friday, despite a 20% gain year-to-date. Rival exchanges such as Kraken and Robinhood are intensifying competition in the US market.
The new DEX offering supports trading in Base-native tokens from projects including Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs, and Super Champs.
The launch underscores Coinbase’s efforts to diversify its services and strengthen its market position amid evolving challenges in the crypto trading space.
