Coinbase Unveils 'Launches' Tab for Instant Trading of Base and Solana Tokens

Coinbase has introduced a new 'Launches' tab for its users to discover and trade tokens on Base and Solana as soon as they go live onchain. This feature is accessible through Coinbase's built-in decentralized exchange (DEX), which routes trades to onchain liquidity rather than requiring a token to be formally listed on the centralized exchange.

Coinbase's DEX product page states that users can trade 'the most popular and trending tokens on Base and Solana moments after their launch,' with access to 'key data and risk signals on all tokens.' The 'Launches' tab is available for users who have created a self-custody wallet prior to trading.

This move extends Coinbase's efforts to build out its onchain capabilities, which include supporting its own Ethereum Layer 2, Base. In December, the exchange announced it would add native trading of Solana-based tokens routed to onchain liquidity.