• Coinbase will add Base DEX trading to its app so users can access thousands of assets without using separate platforms.

  • Perpetual futures with no expiry will launch in the US and follow all rules set by the CFTC for safe trading.

  • A new Coinbase credit card will offer Bitcoin rewards and be available only to Coinbase One members in late 2025.

Coinbase announced a major product strategy during the State of Crypto Summit in New York on June 12. The company revealed plans to integrate decentralized exchanges (DEXs) which are built on Base directly into the main Coinbase app. This move aims to make thousands of on-chain assets accessible to everyday users without requiring advanced DeFi knowledge.

https://twitter.com/WuBlockchain/status/1933284597334434044

The integration is designed to simplify access to decentralized assets. Although decentralized exchanges host a wide range of tokens, users often struggle to use them easily. Coinbase plans to close this gap by providing direct access to Base assets within its familiar app interface.

The feature will be available right after launch and represents a major step in expanding Coinbase’s asset options. It aligns with the company’s broader goal of boosting on-chain activity and user engagement.

Coinbase to Launch Perpetual Futures for U.S. Traders

The company also unveiled plans to introduce perpetual futures contracts for users in the United States. These contracts will comply with regulations established by the Commodity Futures Trading Commission and will be offered through a regulated platform.

These perpetual futures have no set expiration date which allows traders greater flexibility in holding long or short positions. Coinbase intends to structure the offering similar to offshore perpetuals while adhering to U.S. margin and clearing requirements.

U.S. Crypto Derivatives Market Sees Growing Interest

The exchange highlighted that 75% of global crypto volume now comes from derivatives. Coinbase International Exchange alone handled $5 billion in retail perpetual futures volume in May. With the new launch, the exchange seeks to bring this level of activity to U.S. users under CFTC oversight.

Recent statements from CFTC officials suggest a shifting stance on crypto derivatives. Commissioner Summer Mersinger indicated that U.S. markets may soon open more broadly to such products. At the same time, decentralized platforms like Hyperliquid and COTI are exploring compliant perpetual futures with added privacy features.

Coinbase One Card to Offer Bitcoin Rewards for Members

Coinbase also introduced the Coinbase One Card, a Bitcoin-backed credit card available in fall 2025. The card will only be offered to Coinbase One subscribers and is issued by First Electronic Bank through the American Express network.

Cardholders can earn up to 4% back in Bitcoin on purchases. Payments can be made using linked bank accounts or crypto held on Coinbase. The card comes with no foreign transaction fees.

Subscribers paying $49.99 per year will receive additional benefits. These include fee waivers on spot trading, increased staking yields, and monthly gas credits. Users who maintain higher balances may receive greater Bitcoin rewards and exclusive retail perks.