The new feature uses DEX aggregators for optimal pricing and enables rapid token launches, with expansion to other networks like Solana planned.
Coinbase is rolling out decentralized exchange trading directly in its main app, initially offering access to tokens built on its Base blockchain to select US customers, except those in New York State, according to a Friday announcement.
The new feature enables users to trade newly created tokens immediately after launch through an integrated self-custody wallet, with Coinbase covering all network fees. Customers can fund trades using their Coinbase balance or USDC while managing portfolios within the same interface.
At launch, users can access Base-native projects including Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs, and Super Champs, with more assets to be added incrementally to maintain trading stability.
The platform will route orders through DEX aggregators that scan liquidity on platforms like Aerodrome and Uniswap to find optimal pricing. Coinbase plans to expand the feature to additional markets and networks, including Solana, in the coming months.
To protect users, Coinbase will block tokens identified as malicious or fraudulent by a third-party vendor. For token issuers, the integration allows assets launched on Base to reach millions of Coinbase users within an hour of indexing, without requiring traditional centralized exchange listing procedures.
