Guavy AI Editorial TeamSentiment: 2Clout: 72

Coinbase Relaunches Base App with Crypto-Native Features

Coinbase has relaunched its Base App, aiming to rebuild trust with crypto-native users. The new app combines trading, earning, social features, and discovery tools in a single self-custody interface.

The Base App, previously known as the Coinbase Wallet, now offers real-time trading capabilities, communication tools, and access to DeFi and social onchain features. Users holding USDC in their self-custody wallets within the app can earn up to 3.35% APY in rewards without any lockups or restrictions.

Coinbase One subscribers receive free gas fees and up to $10 per month in gas sponsorships for onchain transactions. The app is built on Base, Coinbase's Layer 2 network that runs on Ethereum using the OP Stack.