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Coinbase Launches In-App DEX Trading for US Users, Excluding New York

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Coinbase has rolled out decentralized alternate (DEX) buying and selling straight inside its cell app for U.S. customers, marking a significant enlargement of the platform’s on-chain capabilities, although New York residents stay excluded.

Key Takeaways:

  • Coinbase has launched in-app DEX buying and selling for US customers (excluding New York).
  • Trading begins with Base-native property from initiatives like Virtuals AI, Reserve Protocol, and SoSo Value.
  • The rollout follows Coinbase’s integration with 1inch, enabling direct non-custodial swaps.

The characteristic, which permits customers to commerce tokens earlier than they’re formally listed on Coinbase, was first launched to pick customers in August.

The full rollout was confirmed Wednesday in a company blog post and on X, with Coinbase touting entry to “tens of millions of property, moments after they launch.”

Coinbase DEX Debuts With Base-Native Tokens

At launch, buying and selling will give attention to Base-native tokens, together with property from initiatives akin to Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs, and Super Champs.

The integration positions Coinbase’s in-app DEX as a bridge between centralized and decentralized finance, leveraging its Base community to streamline token discovery and execution.

The timing comes as Coinbase seeks to offset declining alternate exercise. The firm reported $237 billion in buying and selling quantity in Q2 2025, down barely from $226 billion a yr earlier.

Earlier this month, 1inch, a decentralized alternate (DEX) aggregator, integrated its Swap API into the Coinbase app, marking the DEX aggregator’s most important US shopper to this point.

Coinbase just lately rolled out its DEX characteristic, permitting prospects to have interaction with onchain property via a self-custodial pockets constructed into the app.

By deploying the 1inch Swap API, Coinbase stated it supplies customers with direct non-custodial token swaps, decreasing boundaries to DeFi whereas increasing entry to liquidity.

“This integration with 1inch is a major step ahead in bringing onchain buying and selling to our customers,” stated Scott Shapiro, head of buying and selling at Coinbase.

“Together we’re enabling seamless entry to DEXes inside the Coinbase app, which is able to deliver tens of millions of our customers onchain.”

Perp DEX Volumes Hit $1.2 Trillion as Traders Shift From Centralized Exchanges

As reported, perpetual decentralized exchanges (perp DEXs) have hit a record $1.226 trillion in buying and selling quantity over the previous 30 days, in response to DeFiLlama, marking the primary time the sector has crossed the trillion-dollar threshold.

The surge represents a 48% enhance from August’s $707.6 billion, signaling accelerating demand for decentralized derivatives buying and selling.

The rally was led by Aster DEX, which captured practically half the market with $493.6 billion in quantity, adopted by Hyperliquid, which generated greater than $280 billion.

Other notable contributors embrace Lighter DEX, EdgeX, Pacifica, and Bybit’s Apex Protocol, collectively accounting for over $280 billion in extra buying and selling exercise.

New entrants are additionally gaining traction, with SolarPerp, the primary perpetual DEX on TRON, reaching $30 million in complete worth locked quickly after launch, whereas Lighter DEX on Ethereum Layer 2 drew $164 billion in exercise regardless of nonetheless being in beta.

The rising recognition of perp DEXs underscores merchants’ shift from centralized exchanges to decentralized platforms providing transparency, self-custody, and 24/7 international entry.

The publish Coinbase Launches In-App DEX Trading for US Users, Excluding New York appeared first on Cryptonews.

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