Coinbase, the largest U.S. cryptocurrency exchange, has launched the Launches tab in its mobile app, allowing users to discover and trade newly issued onchain tokens on Base and Solana blockchains almost immediately after minting. Automated infrastructure indexing technology detects tokens in real time and bypasses the usual centralized listing process, giving retail traders early access previously limited to decentralized exchanges. For Solana-based trades, the feature integrates Jupiter, the largest decentralized exchange aggregator, to optimize liquidity and pricing. This development aligns with the industry shift toward instant onchain trading and reduces friction between token creation and retail participation. It also exposes users to risks such as low liquidity, high volatility, and potential scams or rug pulls due to the absence of formal vetting. Coinbase has not disclosed additional safety measures beyond the Jupiter integration for execution quality. The tab reflects growing convergence between centralized and decentralized finance, with Base—Coinbase's layer-2 solution—and Solana serving as key networks for fast, low-cost transactions. Users should exercise caution and perform their own research before trading new tokens.