- Coinbase lists Awe (AWE) exclusively on Base, reinforcing its Layer-2 network strategy.
- The move boosts liquidity and adoption within Base, challenging rivals like Optimism and Arbitrum.
- AWE listing follows Coinbase’s broader push into derivatives and index products.
Coinbase is deepening its strategy around the Base network with the exclusive listing of Awe (AWE). The exchange confirmed that AWE transfers will only be available through Base, signaling a calculated effort to strengthen liquidity and user engagement within its own Layer-2 ecosystem. The transition is part of a continuing effort by Coinbase to make Base a core hub that competes with established Layer-2s such as Optimism, Arbitrum, and Polygon.
Coinbase Adds Awe Exclusively on Base
Coinbase announced on Wednesday that it will list Awe (AWE) for trading on or after 9 AM PT on 4 September 2025. The exchange said transfers are only available on Base. Users who attempt to send the asset over other networks risk losing their funds permanently.
Trading of AWE will begin once liquidity conditions are met. Coinbase noted that trading will launch in phases, starting with the AWE-USD pair. However, the exchange warned that support for AWE may face regional restrictions depending on local regulations.
The Base contract address for Awe is 0x1B46………2778. Coinbase also stressed the need to use the network correctly to prevent irreversible errors. This listing is tied to the broader strategy of Coinbase to develop network-specific adoption in Base.
By keeping the AWE transfers within Base Coinbase, it ensures that liquidity remains within its own ecosystem. Such a design makes the network engaging, attracting more users and developers to stay active within the Base environment.
Strategy to Strengthen the Base Ecosystem
The exclusive support for AWE highlights Coinbase’s attempt to create early-stage token exposure that directly benefits Base. This also enables Coinbase to gain ecosystem value and reinforce its footprint on Layer-2. Analysts believe that this approach might be a template for how exchanges can bootstrap the adoption on their native blockchains.
Base has been expanding since its introduction, and the move by Coinbase to list tokens on the network introduces an element of competition. Coinbase is working to establish Base as a preferred choice by hosting a range of projects with competing Layer-2 solutions such as Optimism and Arbitrum.
Related: Coinbase Blends Tech Giants and Crypto ETFs with Mag7 + Index Futures
The AWE listing is also significant regarding the overall product expansion of Coinbase. The company has increased its leverage on the perpetual contracts in recent weeks to 50 times. This adjustment caters to institutional traders and more aggressive market participants. It also indicates that Coinbase is trying to match evolving trading demands while attracting new liquidity sources.
In addition, Coinbase is preparing to launch its Mag7 + Crypto Equity Index Futures on September 22, 2025. This upcoming product blends exposure to major tech companies like Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla with BlackRock’s Bitcoin and Ethereum ETFs, alongside Coinbase’s own stock. The index uses equal weighting for each of the ten components and will be rebalanced quarterly.
This move will make Coinbase a gateway between conventional equities and the digital asset industry. By integrating token listing services such as AWE with financial offerings, the exchange reaffirms its position as a crypto-native platform and a leader in hybrid markets. Whether this strategy succeeds long-term will depend on user participation and broader industry competition.
