Coinbase Drops DEX Bomb: 3 Altcoins, Surprise Twist

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Today, Coinbase announced DEX trading in the US-because apparently your app needed more notifications and your life needed more volatility. LINEA, SYND, and NOICE will begin live trading tomorrow. Yes, you heard me-you can now pretend you’re a savvy trader between cereal and emails. 😂

Between these listings and Somnia perpetuals contracts, the firm has a mix of offerings on BASE and other blockchains. Still, NOICE, the BASE-exclusive one, posted the highest early gains. Classic corporate drama: the exclusive option is suddenly the hottest on day one, like a club etiquette guide written by someone who loves charts more than small talk. 😏🚀

Coinbase Launches DEX Service

In the last few weeks, Coinbase has been swinging for the fences-banking license vibes, deeper TradFi cosplay, and a dash of “we totally know what we’re doing” energy. Today, the popular crypto exchange officially launches DEX services for US users:

Check your phone – the wait is over. Explore millions of assets, moments after they launch, right from the Coinbase app. DEX trading is live for all U.S. users (ex. NY). Coming soon: more assets, more networks, more countries.

– Coinbase 🛡️ (@coinbase) October 8, 2025

Due to local regulations, these DEX services won’t be available in New York, where Coinbase has been wooing regulators with charitable donations and exclusive token listings. It’s like a moving dance party where one state refuses to RSVP. 💃🗽

Coincidentally, today’s announcement comes with a new slate of listings too, with three assets going live tomorrow:

Spot trading for Linea (LINEA), Noice (NOICE), and Syndicate (SYND) will go live on 9 October 2025. The opening of our LINEA-USD, NOICE-USD, and SYND-USD trading pairs will begin on or after 9AM PT, if liquidity conditions are met, in regions where trading is supported.

– Coinbase Markets 🛡️ (@CoinbaseMarkets) October 8, 2025

Implications for BASE Tokens?

When Coinbase first announced DEX trading in August, it gave a boost to several BASE tokens, and analysts predicted continued gains. Of the three tokens in question, only one, NOICE, is native to Base; SYND is on both it and Ethereum, while Linea isn’t on the blockchain at all. It’s basically a “we’re totally a thing” vibe with a dotted line to reality. 🤷‍♀️

Coinbase also announced perpetuals contracts for Somnia, a token with its own Layer-1 blockchain.

Still, despite this diversity of listings, the BASE-only token saw the most immediate gains after the listing announcement:

Moving forward, it’ll be interesting to note if Coinbase can play a similar role for BASE projects that CZ and Binance have done for BNB. BSC is showing immense promise with its native meme coin ecosystem, and this might provide important market insights to Coinbase. It’s basically a case study in hype, governance, and late-night liquidity crunches. 🚀📈

This DEX trading functionality could be a huge benefit for Coinbase, especially as the firm plans to expand to “more assets, more networks, and more countries” soon. But some analysts have criticized the bold new direction, arguing it might put more risk on consumers than competing platforms. Think of it as upgrading from a bicycle to a unicycle with more wheels and less balance. 🤹‍♀️

It’ll be interesting to see how Coinbase’s ecosystem keeps evolving through these important changes. 😬✨

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2025-10-08 21:42