Grayscale just deposited 3,701 $ETH($16.3M) to #CoinbasePrime.https://t.co/OcQGQe8US6 https://t.co/ta797vIyYu ...

RT BSCN (@BSCNews)🚨 @COINBASE EXPANDS DEFI ACCESS IN THE U.S.!DEX integration lets users trade millions of assets and stake ETH & SOL in New York 👇https://t.co/Avzm8ioXzd ...

Product Launch - Coinbase launches DEX trading for all U S users except New York [1] - The platform will soon support more assets, networks, and countries [1] User Engagement - Coinbase encourages users to try DEX trading and provide feedback [1] Platform Features - Users can explore millions of assets immediately after launch on the Coinbase app [1]

Cryptocurrency Trading - Coinbase now allows trading of coins [1]

Product Launch & Expansion - Coinbase launches DEX trading for all U S users (excluding NY) [1] - Coinbase plans to add more assets, networks, and countries soon [1] User Experience - Users can now explore millions of assets immediately after launch via the Coinbase app [1]

Core Insights - Coinbase has launched decentralized exchange (DEX) trading within its mobile app for U.S. users, excluding New York residents, marking a significant expansion of its on-chain capabilities [1][7] - The feature allows users to trade tokens before they are officially listed on Coinbase, enhancing access to a wide range of assets immediately upon launch [2][3] - The integration with 1inch enables direct non-custodial token swaps, lowering barriers to decentralized finance (DeFi) and expanding liquidity access for users [4][5] Company Developments - The DEX feature was initially introduced to select users in August and has now been fully rolled out, with a focus on Base-native tokens from various projects [2][3] - Coinbase reported a trading volume of $237 billion in Q2 2025, a slight decrease from $226 billion in the same quarter the previous year, indicating a need to offset declining exchange activity [3] - The integration with 1inch marks a significant partnership, positioning Coinbase as a key player in the decentralized trading space [4][5] Industry Trends - Perpetual decentralized exchanges (perp DEXs) have reached a record trading volume of $1.226 trillion over the past 30 days, reflecting a 48% increase from August's $707.6 billion, indicating a growing demand for decentralized derivatives trading [5][6]

Company Overview - Coinbase Global, Inc. is valued at $96.6 billion and operates the world's largest crypto trading platform, with a presence in North America and internationally [1] - The company provides a primary financial account for consumers in the crypto economy, a brokerage platform for institutions, and products for developers to build onchain [1] Earnings Expectations - Analysts expect Coinbase to announce an adjusted profit of $1.04 per share for Q3, representing a 67.7% increase from $0.62 per share in the same quarter last year [2] - For the full fiscal year 2025, earnings are projected to be $4.30 per share, down 43.4% from $7.60 per share in 2024, with a subsequent growth of 33.3% to $5.73 per share in fiscal 2026 [3] Stock Performance - Coinbase's stock has increased by 130.9% over the past 52 weeks, significantly outperforming the Financial Select Sector SPDR Fund's 18% and the S&P 500 Index's 17.4% gains during the same period [4] - However, the stock experienced a 16.7% drop in a single trading session following disappointing Q2 results, where total transaction revenues fell by 39.5% quarter-on-quarter and 2.1% year-on-year to $764.3 million [5] Financial Results - In Q2, Coinbase's net revenues increased by 3.3% year-over-year to $1.5 billion, but this was below consensus estimates by 49 basis points [5] - The adjusted net income for Q2 plummeted by 88.7% year-over-year to $33.2 million, with adjusted EPS of $0.12 falling 89.9% below expectations [5] Analyst Ratings - The consensus rating for Coinbase remains cautiously optimistic, with a "Moderate Buy" overall; among 33 analysts, there are 15 "Strong Buys," one "Moderate Buy," 14 "Holds," and three "Strong Sells" [6] - The stock is currently trading above its mean price target of $381.22 [6]

Coinbase News - Coinbase integrates DEX trading for US users [1] - The integration is on the Base network [1]

Coinbase is hiring a 'token & governance research specialist' for its Base team https://t.co/M4PV7O0ujK ...

🚨 🚨 🚨 🚨 🚨 🚨 🚨 33,282 #ETH (150,083,632 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/krxQ20rYAE ...