Web3

Coinbase Wallet launches Terminal for advanced traders

Coinbase Wallet is developing Terminal, a web-first interface for advanced traders, and plans to integrate AI agents by year-end. Wallet activity surged since July, with cross-chain transactions rising tenfold and spot trading volume growing 2.5 times.

Coinbase Wallet launches Terminal for advanced traders

Coinbase Wallet is building Coinbase Terminal, a web-first product designed for advanced traders. Ox Bid, the trading lead, described it as "the whole product called Terminal" rather than a single feature. The interface works alongside the mobile app, giving users a dedicated space for focused trading while keeping their phone for quick market checks or closing positions away from the desk. Bid did not provide a specific launch date for the new terminal.

AI Agents and Trading Volume

The team aims to integrate AI agent capabilities by the end of this year. Bid confirmed the plan with certainty, stating, "Yes, 100%." They previously set aside agent features to prioritize other releases but have now picked them back up to make them useful from both human and agent sides. This development follows Coinbase’s existing Wallet MCP tool, which lets outside assistants like Claude connect to the wallet, though every transaction requires user approval. Robinhood also reported in September that it is bringing AI agents into its own app.

Wallet activity has surged since July. Cross-chain transactions rose tenfold over the three months before the interview, and spot trading volume grew 2.5 times. The swap success rate reached up to 99%, including cross-chain swaps, and the wallet recently added limit orders on EVM chains. Prediction markets, added through Polymarket, trail spot trading and perpetual futures in popularity. Companywide, Coinbase reported on Oct. 29 that its prediction markets business has topped $200 million in annualized revenue.

Host Laura Shin cited a twelvefold jump in Solana trading over three months. Bid said the team ran no Solana-specific incentives and credited better swap execution, interface work, and new discovery tools. The wallet, which became Base App in July 2025 before returning to its old name in September, also added perpetual futures through an integration with Hyperliquid. The team watched for spot traders moving to perps and was "very surprised not seeing anything," noting that perps instead drew in new traders.