Quick Breakdown
- Coinbase integrates 1inch Swap API to power seamless on-chain token swaps.
- 1inch secures its largest U.S. client as Coinbase expands DeFi access.
- Millions of Coinbase users gain direct access to decentralized liquidity.
Coinbase has partnered with decentralized exchange aggregator 1inch to integrate its Swap API into the Coinbase app, giving millions of retail users access to seamless on-chain token swaps. The move makes Coinbase 1inch’s most significant U.S. API client to date and signals a deeper commitment to bringing decentralized finance (DeFi) directly to mainstream trading platforms.
The integration comes as Coinbase expands its decentralized exchange feature, which allows customers to access self-custodial wallets and trade assets directly on-chain. With 1inch powering token swaps inside the app, Coinbase users gain direct access to liquidity without leaving the platform, lowering barriers to DeFi participation while strengthening non-custodial options for retail traders.
Coinbase now uses the 1inch Swap API.
That’s a massive new audience for decentralized swaps – and the tech that’s scaling DeFi.
Top rates. Massive liquidity. True self-custody.
Find out more 👀 https://t.co/emYG0hQahS pic.twitter.com/Zz2Im6SgU1
— 1inch (@1inch) October 2, 2025
Expanding DeFi access for millions of users
By leveraging the 1inch Swap API, Coinbase enables efficient, secure, and optimized token swaps routed across hundreds of liquidity sources. This partnership enhances the decentralized exchange experience for Coinbase’s user base while aligning with the broader trend of centralized platforms bridging into DeFi.
“Together we’re enabling seamless access to DEXes within the Coinbase app, which will bring millions of our users on-chain,”
said Scott Shapiro, head of trading at Coinbase.
1inch positions itself as DeFi’s infrastructure layer
Since its launch in 2019, 1inch has processed over $748 billion in trade volume across decentralized liquidity sources, positioning itself as the backbone of on-chain trade optimization. With Coinbase now among its key clients, 1inch is extending its SaaS-based “1inch Business” strategy, targeting both crypto-native and traditional financial institutions looking to scale into blockchain markets.
“1inch’s non-custodial swap products are the ideal solution for centralized players across both crypto and TradFi,”
said Sergej Kunz, co-founder of 1inch.
“It’s great to see Coinbase getting ahead of this shift others will inevitably follow.”
Meanwhile, Coinbase has completed its acquisition of Deribit, the world’s leading crypto options exchange. Deribit, which handled more than $1 trillion in trades last year and currently oversees about $60 billion in open interest, reported record activity in July 2025.
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