Coinbase will disable trading for Dai starting May 4, 2026, as part of its ongoing asset review process.
Summary
Coinbase will halt DAI trading across its website and mobile app from May 4.
Any remaining DAI balances will be automatically converted to USDS at a 1:1 ratio after the deadline.
The exchange is also suspending trading for TIME and has already disabled TRU ahead of their respective migrations.
The Ethereum-based stablecoin, tied to the MakerDAO ecosystem, will be phased out on the platform. Coinbase confirmed that users who do not withdraw their DAI before the cutoff will see their holdings converted into USDS automatically.
Additionally, DAI transfers (send and receive) will be temporarily paused between May 4 and May 6.
Users advised to act before deadline
Coinbase has urged users who prefer not to have their DAI converted to move their funds to a compatible self-custody wallet before May 4.
The exchange also noted that users in certain EEA regions will not be eligible for the automatic migration, meaning they may need to take action ahead of trading and transfer restrictions.
The delisting is part of Coinbase’s routine reviews to ensure that listed assets continue to meet its standards.
Other token changes underway
Alongside DAI, Coinbase will suspend trading for Chrono.tech’s TIME token on May 11 at 2 p.m. ET across all major platforms, including Simple Trade, Advanced Trade, Coinbase Exchange, and Coinbase Prime.
Trading for TrueFi has already been disabled ahead of its May 10 migration.
These changes highlight Coinbase’s ongoing adjustments to its asset offerings across both retail and institutional services.
New listings and futures expansion
At the same time, Coinbase is expanding its product lineup. On April 29, the exchange launched perpetual futures linked to major AI and semiconductor firms, including Advanced Micro Devices, Arm Holdings, Intel, Micron Technology, and SanDisk.
It has also added support for new tokens like Gensyn and Virtuals Protocol, with plans to list MegaETH’s MEGA token. Additionally, spot trading for Wrapped Ronin is expected to go live on April 30.
As Coinbase continues to roll out new products, the May 4 deadline for DAI remains a key date for users holding the stablecoin on the platform.
