Overview
- Coinbase users can now execute onchain swaps from self‑custodied wallets without leaving the app.
- 1inch’s Swap API aggregates quotes across multiple decentralized exchanges to improve pricing, deepen liquidity, and reduce slippage for larger trades.
- 1inch named Coinbase its most significant U.S. client as it grows its software‑as‑a‑service offering.
- Coinbase positions the upgrade within a broader DeFi expansion following a 26% Q2 revenue decline tied to weaker spot trading volumes.
- The integration builds on Coinbase’s earlier in‑app DEX rollout and leverages 1inch’s recent Solana–EVM routing work to address fragmented liquidity.