Will Coinbase say “Decentralized Exchange / DEX”?
Coinbase did not say “Decentralized Exchange / DEX” on its Jul 30, 2026 call (FY26 Q2); it said it on 6 of its last 8 calls: 1, 3, 0, 8, 5, 1, 1, 0 times. As of Oct 24, 2026, Coinbase said “Decentralized Exchange / DEX” on 3 of 3 calls with a settled Kalshi or Polymarket mention market since May 8, 2025 (100%), most recently on Feb 12, 2026. Parrot’s p for the next listing is 75% (n=3, from settlement history blended with transcripts), not a forecast.
- Last 10
- 3/3Last 10 settled, oldest to newest: yes yes yes
- Streak
- said the last 3 times
- Counts
- company speakers + operator
Where it was said
quotes of at most 25 words; select an appearance
Coinbase
Decentralized Exchange / DEX
- Probability
- 75% · n=3
- Settled
- 3/3 (100%)
- Last calls
- said in 6 of 8
Next listing counts: company speakers + operator
Counts: company speakers + operator (not listed here; the usual rule)
1 counted (1 in prepared remarks, 0 in Q&A).
…We continue to make DeFi easy to use through our Coinbase app. DEX volumes grew 2x quarter-over-quarter, and Borrow lend balances have grown to over…
Counts: company speakers + operator
1 counted (1 in prepared remarks, 0 in Q&A).
…been able to offer. So for example, we were early to offer DEX trading, which now allows us to have millions of crypto assets available…
Counts: company speakers + operator
5 counted (4 in prepared remarks, 1 in Q&A).
…of spot coverage, we turbocharged our trading platform in Q3 by adding decentralized exchange or DEX integrations, which expanded access to tradable assets from about…
…areas where I think we're best in class, like I mentioned, the DEX integrations where we went from 300 tradable assets to 40,000 tradable assets…
Every settled listing
newest first · 5 shown| Date | Listed as | Venue | Result | Our count |
|---|---|---|---|---|
| Feb 12, 2026 | Decentralized Exchange / DEX |  Polymarket | Yes | 1 |
| Feb 12, 2026 | Decentralized Exchange / DEX |  Kalshi | Yes | 1 |
| Oct 30, 2025 | Decentralized Exchange / DEX | Polymarket | Yes | 5 |
| Oct 30, 2025 | Decentralized Exchange / DEX | Kalshi | Yes | 5 |
| May 8, 2025 | Decentralized Exchange / DEX | Kalshi | Yes | 0 ✗ (our count disagrees with the settlement) |
Questions
- How many times did Coinbase say “Decentralized Exchange / DEX” on its last earnings call?
- Coinbase did not say “Decentralized Exchange / DEX” on its Jul 30, 2026 call (FY26 Q2); it said it on 6 of its last 8 calls: 1, 3, 0, 8, 5, 1, 1, 0 times.
- How often does Coinbase say “Decentralized Exchange / DEX”?
- As of Oct 24, 2026, Coinbase said “Decentralized Exchange / DEX” on 3 of 3 calls with a settled Kalshi or Polymarket mention market since May 8, 2025 (100%), most recently on Feb 12, 2026.
- What is the probability Coinbase says “Decentralized Exchange / DEX” next time?
- 75%, from settlement history blended with transcripts (n=3). It is a base rate from history, not a forecast and not advice.
- Who has to say it for the market to count?
- Under the next market's rule: company speakers + operator.
Cite parrot.markets, “Coinbase: ‘Decentralized Exchange / DEX’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/COIN/words/decentralized-exchange-or-dex (CC BY 4.0)
Agents: this page as TSV at /api/v1/word?entity=coinbase&word=decentralized%20exchange%20%2F%20dex · quotes: /api/v1/quotes?entity=coinbase&word=… · columnar JSON in #parrot-data · llms.txt · MCP