Coinbase App to Introduce 1inch API for Smooth Token Swaps

The Coinbase app is preparing to incorporate 1inch’s Swap API, which will enhance non-custodial token swaps through the platform’s decentralized exchange feature.

Key Takeaways

Coinbase is integrating 1inch’s Swap API to enhance token swaps within its app.
The integration aims to streamline on-chain trading for a significant user base.
1inch is recognized as a leading aggregator for finding optimal token swap rates.
The collaboration may support Coinbase's efforts to boost revenue amidst declining trading volumes.
Coinbase aspires to become a comprehensive financial service provider, positioning itself as a crypto super app.

Coinbase app to integrate 1inch API for seamless token swaps - 1

In a recent press release shared with crypto.news, Scott Shapiro, Coinbase's head of trading, stated, “Our integration with 1inch is a significant step forward in bringing on-chain trading to our users.”

1inch, a top decentralized exchange aggregator, finds the best token swap rates across various decentralized exchanges. By integrating its API with the Coinbase app, users will have the ability to perform on-chain swaps directly from their self-custodied wallets without needing to leave the platform.

Shapiro also noted that this latest integration has the potential to bring “millions of our users on-chain” by making decentralized exchanges (DEXes) readily accessible to Coinbase’s active user base.

The press release identified the Coinbase app as 1inch's “most significant U.S. client to date,” marking an important step in its strategy to expand its software-as-a-service offerings aimed at providing advanced DeFi infrastructure to institutions and major platforms.

Benefits for Users

When asked about how the integration will benefit end users in terms of swap execution and liquidity depth compared to standalone DEXs, 1inch co-founder Sergej Kunz explained to crypto.news that 1inch aggregates quotes from multiple sources and automatically opts for the best option.

“This guarantees that users always receive the best execution prices,” Kunz emphasized, adding that “instead of being constrained by the liquidity depth of a single DEX, users can access a vast network of aggregated liquidity, which significantly reduces the risk of price impact for larger trades.”

Coinbase has been proactively developing decentralized trading features on its app, having launched a dedicated functionality earlier this year that allows users to access on-chain assets via an integrated self-custodial wallet.

With the integration of 1inch and its broader expansion into DeFi, Coinbase appears to be aiming to explore additional revenue streams, especially since spot trading volumes on the exchange saw a decline in the second quarter of 2025, contributing to a 26% revenue drop from the previous quarter.

This initiative aligns with the company's ambition to transform the Coinbase app into a comprehensive crypto super app that could potentially replace traditional banks. During a recent interview with Fox Business, CEO Brian Armstrong expressed the exchange's desire to offer a wide range of financial services. “We want to become people’s primary financial account, and I think that crypto has a right to do that,” Armstrong stated.