Overview
- Coinbase has launched in-app decentralized exchange trading for U.S. customers outside New York State, offering immediate access to newly minted Base-native tokens.
- Trades flow on-chain through DEX aggregators that pool liquidity from decentralized markets such as Uniswap and Aerodrome.
- An integrated self-custody wallet lets users execute swaps directly from their Coinbase balance or USDC while the exchange covers network fees.
- Tokens flagged as malicious or fraudulent by third-party vendors are automatically blocked to protect traders.
- Coinbase plans to roll out similar DEX functionality to Solana and other networks in the coming months as part of its everything app strategy.