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Coinbase added DEX trading for U.S. users (excluding New York) through its Base network.
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The new feature connects to liquidity pools from 1inch and 0x for non-custodial swaps.
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Users can now trade emerging tokens directly before official listings.
A DEX Inside Coinbase
Coinbase rolled out its new decentralized trading feature for U.S. users, giving them direct access to onchain markets through the Base network. The exchange first tested the feature in August with select users before launching it publicly this week.
With the update, users can explore and trade newly launched tokens directly from the Coinbase app using liquidity pools from 1inch and 0x. This lets traders access assets before they are formally listed on centralized exchanges.
Expanding Onchain Access
At launch, the DEX supports several Base-native tokens from projects like Virtuals AI Agents, Reserve Protocol, and SoSo Value. Coinbase said the move aligns with its long-term strategy to bring more activity onchain while maintaining the same security standards users expect from the exchange.
The launch comes as Coinbase looks to regain market share following a dip in trading volume during Q2.