Cryptocurrency exchange giant Coinbase has announced it will list two notable altcoins on its spot market, signaling continued expansion of its trading offerings despite recent market conditions.
The first announcement, made on February 4, 2026, revealed that Coinbase will list the Doodles (DOOD) token. The DOOD token is not a newcomer to major exchanges; it is already listed on Upbit, South Korea's largest cryptocurrency exchange. Furthermore, it has been featured on Binance Alpha, which is Binance's pre-listing altcoin pool, indicating prior institutional and community vetting.
The second and more surprising announcement followed on February 5, 2026. Coinbase stated it will list the Hyperliquid (HYPE) token. This move is particularly notable because Hyperliquid operates as a decentralized cryptocurrency exchange (DEX), making it a direct competitor to centralized exchanges like Coinbase. The HYPE token, associated with the Hyperliquid DEX, has been a popular topic of discussion in crypto circles and was reportedly 'anticipated for months' prior to this listing decision.
These back-to-back listings demonstrate Coinbase's strategy to diversify its asset portfolio by including tokens with established presence on other major platforms (like DOOD on Upbit and Binance) and by embracing tokens from competing sectors of the industry, such as decentralized finance protocols.