Coinbase CEO Suggests Future Plans May Include Decentralized Exchange Trading
Coinbase Expands Decentralized Exchange (DEX) Trading
Coinbase, a leading cryptocurrency exchange, has announced plans to expand its DEX trading support, starting with the United States and eventually extending to other countries and blockchains. The move is part of Coinbase's broader strategy to create an "everything app" that integrates both digital and traditional assets.
According to Coinbase CEO Brian Armstrong, the current DEX trading caters to only 1% of Coinbase app users, suggesting potential future expansion. The platform has integrated decentralized trading directly into its app, enabling users to trade millions of on-chain assets. At launch, users can trade Base-native tokens from projects like Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs, and Super Champs.
As of now, the DEX trading feature is available only to U.S. users, excluding New York State, and on the Base network. However, the company plans to add Solana network support soon and expand DEX services globally beyond the US. The surge in DEX volumes on the Base network prompted this reaction from Armstrong.
Coinbase has also rolled out integrated self-custody wallets and is covering network fees for users to ease adoption. The company aims to unify liquidity, listings, custody, execution, and data across digital and traditional asset classes under one platform. This unified approach is coupled with efforts to simplify the trading process and provide seamless user experiences.
In addition to DEX trading, Coinbase is exploring entry into prediction markets as part of its service diversification policy. The company is actively pushing fast development efforts in Q3 2025 to execute this vision, aiming to dominate access to crypto markets.
Armstrong also mentioned that the platform aims to support every chain desired by its customers. While it is not clear if this expansion will result in any changes to the fees or user experience for Coinbase app users, the company remains committed to providing a user-friendly platform for trading digital assets.
In summary, Coinbase’s plans include launching DEX trading in the US starting with Base-native tokens, gradually adding tokens on Base and expanding to Solana and potentially other blockchains, rolling out integrated self-custody wallets and covering network fees to ease user adoption, extending DEX trading services to countries outside the US, pursuing a unified "everything app" strategy for both digital and traditional assets, and expanding product offerings into prediction markets as part of service diversification. These moves signal Coinbase’s ambition to be a comprehensive crypto platform globally, leveraging DEX functionality across multiple chains including Solana.
- Coinbase, a significant player in the cryptocurrency sector, plans to expand its Decentralized Exchange (DEX) trading support beyond the US, incorporating various blockchains.
- The integrated DEX trading within the Coinbase app allows users to trade millions of on-chain assets, including tokens from projects like Virtuals AI Agents, Reserve Protocol DTFs, and others.
- The surge in DEX volumes on the Base network has prompted Coinbase to add Solana network support and extend DEX services globally beyond the US.
- Coinbase aims to unify liquidity, listings, custody, execution, and data across digital and traditional asset classes, providing a seamless user experience for crypto investing.
- In addition to DEX trading, Coinbase is exploring prediction markets as a new service, pushing fast development efforts in Q3 2025 to dominate access to crypto markets.
- Coinbase seeks to support every chain desired by its customers, aiming to leverage DEX functionality across multiple chains, such as Solana, to create a comprehensive crypto platform globally.
