The Coinbase app has integrated 1inch's Swap API to enhance non-custodial token swaps within its decentralized exchange feature, marking a significant step in expanding DeFi accessibility. This integration, announced on October 2, 2025, positions Coinbase as 1inch's largest U.S. client to date, enabling users to perform onchain swaps directly from self-custodied wallets without leaving the platform.
Scott Shapiro, head of trading at Coinbase, emphasized in a press release that this move is a "significant step forward in bringing onchain trading to our users," with the potential to bring "millions of our users onchain." 1inch, a leading DEX aggregator, sources the best token swap rates across multiple decentralized exchanges like Uniswap and Aerodrome, ensuring optimal execution prices and access to aggregated liquidity. Sergej Kunz, co-founder of 1inch, highlighted that this integration mitigates price impact for large trades by tapping into a vast network of liquidity pools.
The development aligns with Coinbase's broader strategy to transform its app into a crypto super app, as CEO Brian Armstrong stated the goal is to become "people's primary financial account." This integration may help Coinbase tap into new revenue channels, especially after a 26% drop in Q2 2025 revenue due to declining spot trading volumes. Max Branzburg, Coinbase's VP of Product, confirmed that trades will be routed through platforms like 0x and 1inch, enhancing liquidity options and potentially increasing DEX trading volumes. Historical trends suggest such integrations foster greater DeFi adoption and transaction throughput.