CRAZY: 🇺🇸 Perpetual futures globally generate over $90 trillion in annual volume, and not a single dollar of it has been legally accessible to American traders.
Kalshi has officially changed that.
If you want to build the future, it starts with money from the future.
We’ve got something(s) you’re going to like.
This Thursday. June 12th.
Save the date.
We're starting the rollout of DEX trading in the U.S. (excluding NY). Our goal is to make Coinbase the simplest way to access onchain markets.
You'll be able to trade millions of @base assets in the Coinbase app.
Support for @solana is coming soon too.
This is a dream 3 years in the making, from our first version of DEX trading in the Web3 wallet, to today's unveiling:
Fully embedded DEX trading in the @coinbase app. Thousands of @base assets at your fingertips. Accessible with the tap of a button.
Ready to bring our
We're bringing the best of onchain financial products to everyone on Coinbase.
Anyone can get better rates, faster loans, and more access than before.
Powered by @coinbase , @base, and @MorphoLabs .
This is day 1⃣
Bitcoin-backed loans are here.
Borrow USDC against bitcoin, without selling it. Rolling out to US users (ex. NY) starting now. More collateral assets and regions to come. Powered by @MorphoLabs and built on @base.
The future of finance is onchain.
Learn more:
At @coinbase we're masters of eating our own dogfood.
Embedded Wallets powers our DEX trading product under the hood. Excited for you all to feel how seamless a wallet experience can be for consumers.
Coinbase is becoming the everything exchange.
All assets will inevitably move onchain, so we want to have everything you want to trade in one place.
Incoming: DEX integration (access millions of assets) + expansion of our derivatives offerings.
Next: tokenized equities + more.
We need to rethink our listing process at @coinbase given there are ~1m tokens a week being created now, and growing. High quality problem to have, but evaluating each one by one is no longer feasible. And regulators need to understand that applying for approval for each one is
Traditionally, exchanges squeeze projects for listings 💸
But @wagmiAlexander says Base changes everything: deploy once, and you’re instantly available to 100M Coinbase users. A ‘free listing’ funnel 👀
It’s a good weekend for borrowing against your Bitcoin at 5.2% APR in @coinbase.
Tradfi loans are horrible:
Credit card rate: 21%
Mortgage rate: 6.84%
Auto loan rate: 7.3%
Onchain financial products give you more access to better rates.
We're in NYC for a product sprint week.
The idea is to get together in person for a week of intense work. Long days with a clear focus, no distractions, and physical collaboration.
It’ll be tiring, but also productive and a lot of fun.