Wu said that Coinbase announced the launch of decentralized exchange (DEX) functionality within its app. Users in the U.S., excluding New York State, can directly trade tokens on the Base network. This feature supports automatic liquidity matching through DEX aggregators like Aerodrome and Uniswap, with network fees sponsored by Coinbase. Transactions must be conducted using the integrated self-custody wallet. Coinbase will roll out new assets in batches and plans to expand to more networks and markets, including Solana, in the future.