Coinbase to delist DAI stablecoin as May deadline approaches

Coinbase will disable trading for Dai on May 4, 2026, as part of its latest asset review. 

The Ethereum-based stablecoin will be converted to USDS for users who leave DAI on the platform after the deadline. Coinbase reminded users that Dai trading will be disabled on Coinbase.com and the Coinbase mobile app on May 4.

The exchange also said send and receive support for DAI will be temporarily disabled from May 4 to May 6.

DAI is an Ethereum-based stablecoin linked to the MakerDAO ecosystem. Coinbase said any DAI left on the platform by May 4 will be converted to USDS at a 1:1 rate.

Users urged to move DAI before May 4

Coinbase advised users who do not want the conversion to move their DAI to a compatible self-custody wallet before the deadline.

The exchange said users in selected EEA regions will not have their DAI migrated. This means affected users may need to act before trading and transfer limits take effect.

The delisting forms part of Coinbase’s regular asset reviews. The exchange checks whether listed tokens continue to meet its standards.

Additionally, Coinbase will also suspend trading for Chrono.tech’s TIME token on May 11 at 2 p.m. ET. The suspension will apply to Coinbase Simple Trade, Advanced Trade, Coinbase Exchange, and Coinbase Prime.

Coinbase has also disabled trading for TrueFi’s TRU token ahead of its May 10 migration deadline.

These updates show that Coinbase is continuing to adjust supported assets across its main retail and institutional trading platforms.

Exchange adds new listings and futures

Coinbase has also expanded other parts of its platform. It launched perpetual futures tied to AI infrastructure and compute firms on April 29.

The listed markets include Advanced Micro Devices, Arm Holdings, Intel, Micron Technology, and SanDisk.

The exchange also added support for Gensyn and Virtuals Protocol on Coinbase and the Coinbase app.

Coinbase said it will add support for MegaETH’s MEGA token. Spot trading for Wrapped Ronin is also expected to go live on April 30.

The latest updates come as Coinbase balances new product launches with asset removals. The DAI deadline remains the key date for stablecoin users watching the May delisting schedule.