Coinbase Adds In-App DEX Trading for Base Tokens, Eyes Solana
Coinbase has launched an in-app DEX trading feature for select U.S. users (excluding New York), allowing direct swaps of Base network tokens without waiting for centralized listings. The Coinbase DEX trading engine aggregates liquidity from protocols like Uniswap and Aerodrome via DEX aggregators, offering optimal pricing, sponsored gas fees, and trading from Coinbase balances or USDC. This Coinbase DEX trading rollout supports initial listings such as Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs and Super Champs, with phased additions of Base-native tokens over the coming weeks. Following the launch, Aerodrome Finance’s AERO token surged over 28%, underlining the impact on on-chain activity. Coinbase plans to extend DEX trading to Solana and expand geographic access, aiming to boost liquidity, on-chain trading volume and DeFi adoption among US retail traders.
Bullish
The integration of Coinbase DEX trading directly into its app reduces trading friction and broadens access to tokens like AERO, driving immediate on-chain activity—as evidenced by AERO’s 28% surge. In the short term, traders benefit from sponsored gas fees and aggregated liquidity for better execution, likely boosting trading volumes and demand for Base tokens. Over the long term, expanding to Solana and additional geographies should deepen DeFi adoption, strengthen on-chain liquidity, and sustain upward pressure on token prices, supporting a bullish outlook.