TLDR
- Coinbase is reverting the Base App name back to Coinbase Wallet, just over a year after the switch
- The app now focuses on multichain trading, replacing its earlier “everything app” social vision
- Coinbase Wallet supports 11 networks including new additions Robinhood Chain and Monad
- Perpetual futures powered by Hyperliquid offer over 290 markets with up to 50x leverage for eligible users
- Tokenized stocks, prediction markets, and long-tail assets are available, with geographic restrictions applying
Coinbase has renamed its Base App back to Coinbase Wallet after just over a year, dropping the social experiment and refocusing the product on multichain trading and decentralized finance.
Base App is now Coinbase Wallet.
Built for speed. Trade anything, anywhere, without asking permission. pic.twitter.com/Z1tlIWyI4X
— Coinbase Wallet (@coinbasewallet) September 10, 2026
The company originally renamed Coinbase Wallet to Base App in July 2025. It was pitched as an “everything app” combining trading, payments, messaging, social feeds, and mini-apps built around the Base layer-2 network.
That vision did not play out. CEO Brian Armstrong said in March that the social experiment “didn’t quite work.” Base creator Jesse Pollak later acknowledged that creator-focused features had fallen short and that demand for social products had “disintegrated completely.”
In July, Pollak handed leadership of the app to Jordan “Cobie” Fish and returned his focus to the Base blockchain itself.
Now the app is back to its original name, and its direction has changed. Coinbase is pitching Coinbase Wallet as a self-custodial front door to what it calls an “everything exchange.”
Ryan Kass, Head of Coinbase Wallet Product, described the app as a “test kitchen” for products and assets not available on Coinbase’s centralized exchange. He said the company can move quickly and change course when a product strategy is not delivering.
Hyperliquid Perpetuals Lead the Trading Push
Perpetual futures powered by Hyperliquid are the flagship feature. Coinbase added the integration in August, giving eligible users access to more than 290 markets and leverage of up to 50 times on certain contracts.
The integration covers contracts tied to crypto, stocks, and commodities. Hyperliquid executes the trades while users manage positions through the Coinbase interface.
The feature is not available in the United States, United Kingdom, or Canada. For American users, Coinbase runs a separate regulated futures service through Coinbase Financial Markets, which is registered with the Commodity Futures Trading Commission.
Coinbase Wallet supports 11 networks following the rebrand: Base, Bitcoin, Ethereum, Solana, BNB Chain, Optimism, Arbitrum, Polygon, Avalanche, Monad, and Robinhood Chain. Monad and Robinhood Chain are new additions.
Tokenized Stocks and Prediction Markets
Coinbase Wallet also offers eligible non-US users access to tokenized stocks. In August, Coinbase brought four tokenized US stocks to Base, covering Apple, Nvidia, Meta, and Alphabet.
The tokens are 1:1 backed and issued through a Coinbase-controlled company in the Abu Dhabi Global Market. They are not registered under US securities law and cannot be sold to US persons.
Prediction markets are also available inside the wallet. Coinbase Financial Markets has argued these fall under CFTC authority, but some US states have pushed back. In August, a federal judge denied Coinbase relief against enforcement by Michigan officials.
All assets minted on supported chains appear in the wallet by default. Coinbase said a detection system automatically hides tokens linked to scams or harmful activity.
New market types like tokenized stocks and prediction markets go through “vigorous product and compliance reviews” before being added.
Coinbase earns revenue through trading and product fees inside the wallet but has not disclosed the fee structure or whether the trading focus has grown user numbers.
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