Coinbase Wallet Builds Web Trading Terminal, Plans AI Agent Features by Year-End

Web Terminal for Active Traders

Ox Bid, who leads trading at Coinbase Wallet, said in an interview on Unchained Premium that the team is developing a web-first product for professional traders called Coinbase Terminal, to run alongside the existing mobile wallet. He said many traders prefer to concentrate trading on the web while using their phones to check prices or close positions, but did not provide a launch timeline.

AI Agents by Year-End

On AI agents, Bid said the wallet plans to add related features before the end of this year. The team had previously shelved the work because of scheduling constraints and has now restarted it, with the goal of making the features available on both the user side and the agent side. Coinbase currently allows external AI assistants such as Claude and ChatGPT to connect to the wallet through Wallet MCP, with every agent-initiated transaction requiring individual user approval. Bid did not specify how the new features relate to that tool.

Growth Metrics

According to figures Bid provided as of the interview recording on October 22, the wallet's cross-chain trading volume grew about 10x over three months, spot trading volume rose 2.5x since July, and the swap success rate, including cross-chain swaps, reached as high as 99%. The wallet also recently added limit orders on EVM chains. Coinbase disclosed on October 29 that its prediction market business has surpassed $200 million in annualized revenue, but its financial reporting materials do not break out wallet data separately.

Source: https://unchainedcrypto.com/coinbase-wallet-builds-a-web-terminal-for-active-traders-eyes-ai-agents-by-years-end/