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- Coinbase now offers DEX trading in its mobile app (excl. NY).
- Base-native tokens and early trading access lead the launch.
- 1inch integration enables seamless non-custodial swaps.
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Coinbase has officially rolled out decentralized exchange (DEX) trading directly within its mobile app for U.S. users, excluding residents of New York. The move marks a significant expansion of the platform’s on-chain capabilities, allowing users to trade assets moments after they launch without waiting for formal listings.
Base-Native Tokens Lead the Way
At launch, Coinbase’s in-app DEX focuses on Base-native tokens, including projects like Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs, and Super Champs. This integration bridges centralized and decentralized finance, leveraging the Base network to streamline token discovery and trading execution.
The feature was initially tested with select users in August and now provides broader access to millions of assets in a single app. By enabling early trading of tokens, Coinbase aims to offer users faster access to emerging crypto projects.
Check your phone – the wait is over.
— Coinbase 🛡️ (@coinbase) October 8, 2025
Explore millions of assets, moments after they launch, right from the Coinbase app.
DEX trading is live for all U.S. users (ex. NY).
Coming soon: more assets, more networks, more countries. pic.twitter.com/XryNvDXkdL
1inch Integration Expands Non-Custodial Swaps
Coinbase’s DEX functionality is powered by its partnership with 1inch, a leading decentralized exchange aggregator. Through the 1inch Swap API, users can execute direct non-custodial token swaps within the Coinbase app. This integration lowers barriers to DeFi by offering seamless on-chain trading alongside traditional exchange features.
“This integration with 1inch is a significant step forward in bringing on-chain trading to our users,” said Scott Shapiro, head of trading at Coinbase. “Together we’re enabling seamless access to DEXes within the Coinbase app, which will bring millions of our users on-chain.”
DEX Trading Surges as Traders Shift From Centralized Platforms
The timing of Coinbase’s rollout coincides with booming DEX activity. Perpetual decentralized exchanges (perp DEXs) recently reached a record $1.226 trillion in trading volume over 30 days, a 48% jump from August. Leading platforms like Aster DEX, Hyperliquid, and Lighter DEX have captured significant market share, reflecting growing demand for decentralized trading, transparency, and self-custody.
Also Read: Coinbase Lists DoubleZero (2Z) Following SEC Nod, Boosting DePIN Crypto Momentum
As traders increasingly explore decentralized alternatives, Coinbase’s DEX rollout positions the exchange to remain competitive while offering users instant access to new assets.
Coinbase’s in-app DEX trading represents a strategic push into decentralized finance for U.S. users. By combining Base-native tokens, early access trading, and 1inch-powered non-custodial swaps, the platform is creating a bridge between traditional and decentralized markets, catering to the growing appetite for on-chain assets.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
