Brian Armstrong, CEO of Coinbase, tweeted that decentralized exchange (DEX) trading would be coming to the Coinbase app. The rollout initially started with only 1% of the app’s users. This tactical partnership is aimed at boosting global infrastructure support, starting with the Solana network and extending to additional countries in the near future. This new initiative, which still remains in beta mode, allows Coinbase users to trade millions of different on-chain assets directly within the exchange’s app.
Armstrong first announced it on Twitter on August 12, 2025, sharing that DEX trading will be a multi-phase feature. This includes the latest DEX trading feature recently rolled out to U.S. users. Unfortunately for users in New York State, it’s impossible to know, because it only operates on the Base network.
Coinbase occasionally routes orders through more recently developed protocols like 0x and 1inch. This strategy ensures they can tap liquidity on all major decentralized exchanges — such as Uniswap and Aerodrome. Through this integration, Fireblocks users will gain new access to the largest variety of tokens and trading opportunities.
"DEX trading rolled out to 1% in the Coinbase app—still early. Will ultimately support every chain our customers want." - Brian Armstrong
Armstrong believes this new integration is spot on with the similarities of DEX trading and the early days of Amazon. He argues that vision indicates a better way forward for the platform’s future development and diversification. He teased possible NFT pursuits for Coinbase.
Since then, the Base network has seen explosive growth, with daily DEX volumes topping $2 billion. The introduction of DEX trading on Coinbase has further boosted activity on Base, indicating a positive impact on the network's ecosystem.
Coinbase says it will add support for additional markets and networks in coming weeks. DEX trading on Coinbase is just getting started.
