Coinbase is stepping into the decentralized exchange arena, enabling US users to trade millions of tokens via integrated DEXs like Uniswap and Aerodrome—a direct challenge to standalone wallet and DEX competitors.
The rollout follows a dip in Coinbase’s Q2 trading volumes and underscores its pivot toward an “everything exchange” model, combining CeFi and DeFi services.
“From 300 assets to millions,” the company declared, highlighting near-instant access to newly launched tokens. The feature first launches on Base (Ethereum L2), with Solana and other networks planned. New York remains excluded due to regulatory hurdles.