Coinbase Adds In-App DEX Trading for U.S. Users Base Tokens Surge 28%

Coinbase has introduced decentralized exchange (DEX) trading functionality within its mobile application for most U.S. users, excluding residents of New York. The feature allows users to trade directly on-chain without transferring assets off the platform, offering access to millions of digital assets, including tokens native to Coinbase’s Base Layer 2 network [1]. The integration is part of the company’s broader strategy to become a unified platform for both centralized and decentralized finance (CeFi and DeFi), often referred to as an “everything app” [2].

The initial rollout of DEX trading is limited to Base-native tokens, with plans to expand support to other blockchains such as Solana in the future [3]. This move enables users to trade directly on-chain, combining the ease of use of centralized platforms with the control and transparency of decentralized systems. The integration also supports USDC-based trades, reflecting a growing trend toward using stablecoins in on-chain transactions [4].

The introduction of this feature has already triggered notable market activity. For example, the token of Aerodrome Finance (AERO) surged by approximately 28% following the announcement, indicating heightened interest in on-chain trading opportunities [5]. By embedding DEX functionality into its mainstream app, Coinbase is streamlining the user experience and reducing the need for users to navigate multiple platforms for different types of transactions [6].

This development aligns with broader industry trends toward greater user control and self-custody of digital assets. As more retail and institutional users seek direct exposure to decentralized markets, Coinbase’s move reinforces its position as a key player in integrating DeFi features into mainstream finance [7]. The phased rollout, initially excluding New York due to regulatory constraints, suggests the platform is testing the feature before a wider deployment, a standard practice in large-scale product launches [8].

The integration of DEX trading also highlights Coinbase’s continued investment in its Base Layer 2 network, which serves as the infrastructure for future product innovations. The company’s strategy appears to reflect a growing demand for seamless, user-friendly crypto experiences that merge the benefits of centralized and decentralized systems [9]. This feature is expected to enhance user engagement by offering direct access to on-chain liquidity, allowing traders to interact with digital assets in a more transparent and flexible manner [10].

Source:

[1] Bitcoinist.com https://bitcoinist.com/coinbase-brings-dex-trading-unlock-millions-assets/

[2] CoinCentral https://coincentral.com/coinbase-introduces-dex-feature-to-boost-token-access-for-u-s-traders/

[3] Coinbase https://www.coinbase.com/trade-crypto/dex

[4] CoinDesk https://www.coindesk.com/markets/2025/08/08/coinbase-adds-dex-trading-to-u-s-app-in-push-toward-becoming-an-everything-app

[5] Bankless https://www.bankless.com/read/coinbase-adds-in-app-dex-trading-for-u-s-users

[6] Yahoo https://finance.yahoo.com/news/coinbase-rolls-dex-trading-app-180150058.html

[7] FXStreet https://www.fxstreet.com/cryptocurrencies/news/coinbase-introduces-dex-trading-for-us-customers-leveraging-its-base-l2-network-202508082052

[8] MSN https://www.msn.com/en-us/money/other/coinbase-is-adding-dex-trading-to-its-app-for-us-users-except-in-new-york/ar-AA1Kb4sI

[9] Bitcoin.com https://news.bitcoin.com/coinbase-rolls-out-dex-trading-for-millions-of-assets-with-built-in-self-custody/

[10] CryptoRank https://cryptorank.io/news/feed/d38ea-coinbase-rolls-out-dex-trading-for-instant-on-chain-access