Cryptocurrency exchange platform Coinbase introduces decentralized exchange (DEX) trading on its mobile application, initially supporting Ethereum's Base and Solana, with additional assets to follow shortly.

Cryptocurrency exchange platform Coinbase introduces decentralized exchange (DEX) trading on its mobile application, initially supporting Ethereum's Base and Solana, with additional assets to follow shortly.

Coinbase, the popular cryptocurrency exchange, has launched decentralized exchange (DEX) trading within its main mobile app for most U.S. customers, excluding residents of New York State. This new feature allows users to trade directly on-chain through DEX aggregators like 0x and 1inch, tapping into liquidity from decentralized markets such as Uniswap and Aerodrome.

The digital assets available on the app initially include an expanding list of Base-native tokens. These include projects such as Virtuals AI Agents, Reserve Protocol’s decentralized tokenized funds (DTFs), SoSo Value’s index tokens, Auki Labs, and Super Champs. Coinbase aims to quickly scale from roughly 300 tradable assets to potentially millions by indexing new tokens daily, providing near-immediate trading access shortly after tokens appear on-chain.

The integration features a built-in self-custody wallet and covers network fees, facilitating user control and reducing barriers to on-chain participation. The rollout will make it simpler for users to access on-chain markets through the Coinbase app.

Coinbase's move to integrate DEX trading is part of the firm's push to become an "everything exchange." Earlier this year, the company announced it had made a deal to buy options exchange Deribit for $2.9 billion. This is one of six acquisitions Coinbase has made this year to expand its offerings.

Despite these moves, Coinbase's stock has shed nearly 5% of its value this week and is down about 38% since reaching its all-time high last month near $420. On Friday, Coinbase's stock was trading 2% lower, with shares valued nearly at $304 per share.

Coinbase's CEO, Brian Armstrong, announced the rollout on August 8, 2025. The company, which went public in 2021, is not just providing access to new tokens for traders, but also empowering the builders creating them. In the future, Coinbase is seeking approval from the SEC to introduce tokenized equities and plans to support additional blockchains like Solana.

[1] TechCrunch. (2025, August 8). Coinbase launches decentralized exchange trading on mobile app. Retrieved from https://techcrunch.com/2025/08/08/coinbase-launches-decentralized-exchange-trading-on-mobile-app/

[2] The Block. (2025, August 8). Coinbase rolls out DEX trading on mobile app for U.S. users. Retrieved from https://www.theblockcrypto.com/linked/109499/coinbase-rolls-out-dex-trading-on-mobile-app-for-us-users

[3] Decrypt. (2025, August 8). Coinbase launches decentralized exchange trading on mobile app. Retrieved from https://decrypt.co/81468/coinbase-launches-decentralized-exchange-trading-on-mobile-app

[4] Coindesk. (2025, August 8). Coinbase launches DEX trading on mobile app for U.S. users. Retrieved from https://www.coindesk.com/business/2025/08/08/coinbase-launches-dex-trading-on-mobile-app-for-us-users/

1. The popular cryptocurrency exchange, Coinbase, has unveiled decentralized exchange (DEX) trading within its main mobile app, allowing users to access on-chain markets more easily.
2. This new feature on the Coinbase app lets users trade directly on Uniswap, Aerodrome, and other decentralized markets through DEX aggregators like 0x and 1inch.
3. The initial digital assets available on the app include a growing list of Base-native tokens, such as Virtuals AI Agents, Reserve Protocol’s decentralized tokenized funds (DTFs), SoSo Value’s index tokens, Auki Labs, and Super Champs.
4. Coinbase aims to swiftly scale from around 300 tradable assets to possibly millions by indexing new tokens daily, providing near-instant trading access soon after tokens appear on-chain.
5. Brian Armstrong, Coinbase’s CEO, announced the rollout of DEX trading on August 8, 2025, as part of the company's goal to become an "everything exchange."
6. To expand its offerings, Coinbase has made multiple acquisitions this year, including options exchange Deribit for $2.9 billion, and is planning to support additional blockchains like Solana, as well as introduce tokenized equities (subject to SEC approval).

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