According to the Coinbase official blog on August 8th, Coinbase has launched a decentralized exchange (DEX) feature within the app, allowing US users (excluding New York State) to directly trade millions of on-chain assets on the Coinbase network.
Users can use their Coinbase balances or USDC to trade through an integrated self-custodial wallet. The platform will automatically filter mainstream DEXs (such as Aerodrome and Uniswap) for the best prices and block confirmed malicious or fraudulent assets.
Coinbase plans to support more networks such as Solana in the future and gradually expand to the global market.