Coinbase Wallet Statistics 2026: Installs, Users and Base Data

Coinbase Wallet now ships under a different name. Coinbase Global’s annual report describes Base App as a self-custodial wallet product and the evolution of our prior Coinbase Wallet offering. Google Play records more than 10 million downloads for the Android build. That rename reshapes what Coinbase Wallet statistics can mean, because the self-custody product sits outside every user and asset metric Coinbase reports for its exchange.

That separation is not editorial framing. Coinbase reported Monthly Transacting Users of 7.6 million for the quarter ended June 30, 2026, and Assets on Platform of $245.9 billion at June 30, 2026. Its own definition of that asset metric excludes assets for which the customer holds full or partial keys. The figures below keep the two apart.

Key Takeaways

• Coinbase describes Base App as a self-custodial wallet product, renamed from Coinbase Wallet in a Base post published 2025-07-16.
• Google Play lists more than 10 million downloads for the Android app, still published under the package name org.toshi.
• Apple’s App Store record puts the same listing at 161,411 ratings and dates its first release to 2017-09-27.
• Coinbase’s asset metric excludes assets for which the customer holds full or partial keys, so wallet balances sit outside the $245.9 billion figure.
• Coinbase warns that what was previously captured as two unique MTUs would now be counted as a single MTU once a Base App account is linked. Its 7.6 million Monthly Transacting Users therefore cannot be added to a wallet install count.
• Base network total value locked reached $5.67 billion on 2026-09-06, up from $433.8 million at 2023-12-31.

Editor’s Choice

• Coinbase reported Monthly Transacting Users of 7.6 million for the quarter ended June 30, 2026.
• Assets on Platform stood at $245.9 billion, against $425.0 billion a year earlier.
• The Android listing carries a 4.1 rating from 134,000 reviews; Apple’s record shows 4.5504.
• Base holds $5.61 billion locked, fourth among all chains by decentralized finance value.
• Base holds $4.99 billion in circulating stablecoin supply.
• Other transaction revenue, which Coinbase says primarily comprises Base sequencer revenue, reached $252.888 million for the year ended December 31, 2025.

Coinbase Wallet Statistics: Downloads, Ratings and App Store Footprint

• Google Play lists more than 10 million downloads for the Android build of Base App.
• The Android listing shows a 4.1 rating drawn from 134,000 reviews.
• Apple’s App Store record gives the same product an average of 4.5504 across 161,411 ratings.
• The iOS build was at version 30.10.1, released 2026-09-01, with a download size of 296,566,784 bytes.
• Apple classifies the listing under Finance with a 17+ content rating and a minimum requirement of iOS 15.1.
• Coinbase states that both its exchange app and Base App are provided as free applications through both the Apple App Store and the Google Play Store.
• The Google Play listing claims availability in 20 languages and 170+ countries.

Source: Apple App Store lookup record and Google Play listing, September 2026

About This Data

The Coinbase Wallet statistics here are compiled from 21 captured sources, 20 of them Tier 1 primary records. The set spans Coinbase Global SEC filings dated February and July 2026, live Apple and Google app-store listings, and DefiLlama onchain datasets read on September 6, 2026. Only primary or official records qualified, and figures are updated when those sources publish new editions.

The reach those store listings measure is genuinely global, but a download is not a funded account, and neither store publishes an active-user count. That gap is where most third-party Coinbase Wallet statistics fill in numbers no filing supports.

Don't chase the news. Let us curate it.

You get one weekly briefing with only the stories that matter. If the market is quiet, we skip it.

Email address

Get the Weekly Briefing - it's free!

✅ Join readers from Visa, Mastercard, Vanguard, and the FDIC.

Coinbase Wallet Users vs Coinbase Exchange Users

• Coinbase reported Monthly Transacting Users of 7.6 million for the three months ended June 30, 2026.
• The comparable figure a year earlier was 8.7 million, and the six-month average was 7.9 million.
• Full-year Monthly Transacting Users averaged 9.2 million against 8.4 million the prior year.
• Coinbase attributes the decline mainly to a decrease in trading users, influenced by overall market conditions.
• Where a user transacts in both accounts, what was previously captured as two unique MTUs would now be counted as a single MTU once they are linked.
• Coinbase stopped reporting Trading Volume as a key metric beginning in the second quarter of 2026.

The chart above isolates the Monthly Transacting Users trend by period. The table below sets that same two-year window against Assets on Platform, Trading Volume, net income, and Adjusted EBITDA.

Source: Coinbase Global FY2025 Form 10-K

Read carefully: That unlinked-account disclosure is the most useful thing Coinbase has published about wallet measurement. It says the exchange metric and the wallet population overlap in an unknown, shifting way. That is the single biggest trap in published Coinbase Wallet statistics. Platform-level counts in our Coinbase dataset therefore cannot be added to a wallet install figure to produce a total.

Recent Developments

• September 6, 2026: Base TVL stood at $5.67 billion on 2026-09-06, per DefiLlama.
• September 1, 2026: Apple’s record shows version 30.10.1, released on 2026-09-01 on iOS.
• August 31, 2026: The Google Play listing was updated on Aug 31, 2026, carrying a 4.1 rating from 134,000 reviews.
• July 30, 2026: Coinbase’s quarterly report reported Monthly Transacting Users of 7.6 million for the three months ended June 30, 2026.
• Q2 2026: Assets on Platform closed at $245.9 billion and $425.0 billion at June 30, 2026 and 2025, respectively.
• Q2 2026: Coinbase substantially completed a restructuring involving a reduction of the Company’s workforce by approximately 700 employees at a cost of $52.4 million in total restructuring expenses.

What Coinbase’s Assets on Platform Figure Leaves Out

• Coinbase defines Assets on Platform as excluding assets for which the customer holds full or partial keys.
• Assets on Platform totalled $245,866 million at June 30, 2026, against $424,993 million a year earlier.
• Bitcoin accounted for $170,800 million of the June balance across 2.9 million units.
• Ether balances stood at $29,714 million across 18.9 million units, a 27% decline in value.
• USDC balances rose 19% to $8,874 million, the only asset line to grow.
• Coinbase attributes a $196.5 billion decline driven primarily by the decline in prices of certain crypto assets held on our platform, offset in part by growth in units.

By the numbers: Coinbase’s Assets on Platform definition excludes assets for which the customer holds full or partial keys. Every dollar of the $245,866 million reported at June 30, 2026 therefore sits in custody, and no Base App balance is inside it. Self-custody holdings are absent from the metric by construction, not by omission.

Bitcoin dominates that custodial balance, which is why network-level Bitcoin data tracks Coinbase’s asset mix more closely than any wallet metric does.

The Ether line moved differently. Unit growth in Ethereum balances ran ahead of the dollar value, which fell on price rather than on customers withdrawing.

Base Network Total Value Locked by Period

• Coinbase describes Base as a decentralized L2 Ethereum blockchain offering fast, low-cost, global onchain transactions.
• Base network total value locked reached $5.67 billion on 2026-09-06.
• The same series closed at $433.8 million on 2023-12-31 and $3.16 billion on 2024-12-31.
• Value locked closed at $4.51 billion on 2025-12-31, then fell to $3.97 billion on 2026-03-31.
• Coinbase states its goal for Base is to bring one million developers and one billion users onchain.

Because Base App defaults users onto this network, chain-level activity is the nearest observable proxy for wallet usage that anyone outside Coinbase can measure. It is also far more granular than the DeFi aggregates that treat every Layer 2 network as one bucket.

How Base Ranks Against Other Chains by DeFi TVL

• Base holds $5.61 billion in decentralized finance value locked, fourth among all chains.
• Ethereum leads at $49.04 billion.
• Solana sits second at $5.81 billion and BSC third at $5.61 billion.
• Tron follows at $5.39 billion and Bitcoin at $4.31 billion.
• Base carries chain identifier 8453 in the same dataset.

The top of that table is a single-chain story, and the middle is a traffic jam. Four networks sit within roughly half a billion dollars of one another, so Base’s rank is far less stable than its absolute figure.

Stablecoin Supply Held on Base

• Base holds $4.99 billion in circulating stablecoin supply, sixth among all chains.
• Ethereum dominates with $148.06 billion, and Tron follows at $94.24 billion.
• Solana holds $16.43 billion and BSC $13.31 billion.
• Hyperliquid L1 sits directly above Base at $7.03 billion.
• Arbitrum trails Base at $3.59 billion.
• The Base App listing advertises rewards of up to 3.35% APY for holding USDC in the app.

Stablecoin balances are the closest thing to a spending float on any chain. Base’s sixth-place standing reads better than it looks, given the network is younger than most names above it. Asset-level demand still tells a different story than app distribution does. Network datasets for Litecoin and other long-established chains rarely move in step with any single wallet’s install curve.

Base DEX Trading Volume and Leading Venues

• Decentralized exchanges on Base handled $24.28 billion in volume over the trailing 30 days.
• The trailing seven-day figure was $5.75 billion and the 24-hour figure $567.22 million.
• Aerodrome Slipstream led 24-hour volume at $319.28 million.
• Uniswap V3 followed at $55.68 million and Uniswap V4 at $51.12 million.
• No other venue cleared $43.42 million, the figure PancakeSwap AMM V3 handled.

That venue-level chart covers the trailing 24 hours only. The table below adds the trailing 7-day and 30-day windows for the same Base decentralized exchange activity.

Source: DefiLlama decentralized exchange overview for Base, September 2026

Trading on Base is concentrated rather than spread. One venue clears more volume than the next five combined. Chain-level DEX totals therefore read as much on that venue’s health as on the network’s.

Base Sequencer Revenue Is the Closest Disclosed Wallet Proxy

• Coinbase states that Other transaction revenue primarily comprises Base sequencer revenue and fees the Company charges customers at the transaction level to process deposits to, and withdrawals from, the Company’s platform.
• That line reached $252.888 million for the year ended December 31, 2025, up 20% from $210.193 million.
• Two years earlier, the same line was $95.472 million, so it has more than doubled since.
• Quarterly Other transaction revenue fell to $47.413 million from $53.543 million.
• Across six months, the line fell to $100.613 million from $121.357 million.
• Coinbase notes Base sequencer revenue is denominated in crypto assets, measured at fair value when the transaction occurs.
• Coinbase generates revenue from sequencer fees paid each time a transaction is processed on the Base blockchain.

Why it matters: Coinbase publishes no revenue line named for its wallet. Other transaction revenue, which the company says primarily comprises Base sequencer revenue, is the closest disclosed proxy, and it fell to $47.413 million in the June quarter while Base value locked rose. Onchain growth and Coinbase’s take from it are moving apart.

Coinbase Wallet Key Control, Recovery and Security Design

• Coinbase states that Base App users have sole control over the cryptographic keys to access their assets.
• Those keys are stored directly on their mobile devices or personal storage accounts and not with a centralized entity.
• Coinbase says it is unable, by default, to assist in recovery if a user loses access to their wallet.
• Users may add a recovery signer that would allow them to recover access.
• The store listing describes signing up with your email address, Google, or Apple account for seamless wallet recovery plus multi-factor authentication.
• The listing states Coinbase will sponsor fees up to $0.3 per transaction, with a $2 max sponsored monthly per user for USDC sends on Base.

Source: Coinbase Global FY2025 Form 10-K and Google Play listing, September 2026

Biometric authentication has become the ordinary unlock path for mobile finance apps. The passkey and multi-factor options Coinbase lists sit in that same shift toward device-held credentials.

Distribution shapes the feature set as much as engineering does. Coinbase discloses that Apple App Store’s restrictions related to crypto assets have disrupted the proposed launch of many features within the Coinbase and the Base App apps, including NFT transfer services and access to decentralized applications.

Is the Coinbase Wallet a hot wallet?

Yes, in the practical sense. Coinbase states that Base App keys are stored directly on their mobile devices or personal storage accounts rather than with a centralized entity, which makes it a software wallet on an internet-connected device.

Can I lose my crypto on Coinbase Wallet?

Losing key access means losing the assets. Coinbase’s annual report states the company is unable by default to assist in recovery if a user loses access to their wallet, because the key is unilaterally controlled by the user. The optional recovery signer exists precisely because that default carries no fallback.

What are the disadvantages of Coinbase Wallet?

The filings name two. Coinbase is unable by default to assist in recovery if a user loses access to their wallet, and Apple App Store’s restrictions related to crypto assets have disrupted the proposed launch of many features inside the app. Both constraints are disclosed by Coinbase rather than inferred.

Coinbase Wallet Timeline From Toshi to Base App

• Apple’s record dates the first release to 2017-09-27.
• The Android package is still published as org.toshi and the iOS bundle as org.toshi.distribution.
• Base announced the rename in a post published on 2025-07-16, introducing the Base app (formerly Coinbase Wallet), an everything app to create, earn, trade, discover apps, and chat with friends.
• Coinbase’s annual report calls Base App the evolution of our prior Coinbase Wallet offering.
• The current iOS build reached version 30.10.1 on 2026-09-01.

Nine years of releases have run through a single App Store record, and the package identifier is the fingerprint. The store entry predates most of the self-custody wallet category and has changed brand twice without ever changing listings. Install totals therefore reflect a decade of accumulation rather than a 2025 launch.

Where Coinbase Revenue Comes From and Why No Line Says Wallet

• Coinbase reported total revenue of $1,220.068 million for the three months ended June 30, 2026.
• Total transaction revenue was $599.156 million, against $764.270 million a year earlier.
• Consumer transaction revenue fell to $451.670 million while institutional revenue rose to $100.073 million.
• Subscription and services revenue totalled $555.145 million, including stablecoin revenue of $292.147 million.
• Full-year transaction revenue reached $4,055.390 million, of which $252.888 million was Other transaction revenue.
• Coinbase generated 84% and 83%, respectively, of total revenue in the U.S. across the two years compared.

Source: Coinbase Global Q2 2026 Form 10-Q

Nothing in the quarterly report attributes revenue to the wallet. The regulatory posture explains part of why. Coinbase groups Base App among certain products and services offered by us that we believe are not subject to regulatory oversight, or are only subject to certain regulatory regimes, while its compliance programme is designed to prohibit the use of Coinbase in sanctioned jurisdictions, or by sanctioned persons or entities, as determined by the Office of Foreign Assets Control (OFAC).

A product that generates no named revenue line and sits outside the asset metric is, from a disclosure standpoint, close to invisible. That is the structural reason Coinbase Wallet statistics circulating online rarely trace back to a filing. Comparable disclosure gaps run across the category, including in the MetaMask wallet data where issuer-reported figures and onchain measurement diverge.

Is It Better to Keep Crypto on Coinbase or Coinbase Wallet?

The two options differ in who holds the keys, and the filings state that difference rather than ranking it. On the Coinbase platform, assets sit in custody and count toward the $245,866 million Assets on Platform figure reported at June 30, 2026. In Base App, users have sole control over the cryptographic keys to access their assets, and those balances are excluded from Assets on Platform by definition.

The trade-off is therefore control against recoverability, not safety against risk. Coinbase can assist a platform customer who loses account access, yet it states it is unable by default to assist in recovery if a user loses access to their wallet. Which arrangement suits a given holder depends on circumstances no statistics page can assess.

How Trustworthy Is Coinbase Wallet?

Trust in a self-custody wallet rests on disclosed design rather than on a rating. Coinbase publishes the architecture in its annual report: sole control over the cryptographic keys, storage on their mobile devices or personal storage accounts and not with a centralized entity, and an optional recovery signer. The store listing adds multi-factor authentication, which reduces exposure rather than eliminating it.

User sentiment is measurable and mixed. Apple records an average of 4.5504 from 161,411 ratings. Google Play shows 4.1 from 134,000 reviews, a gap of roughly half a star between platforms for the same product.

Conclusion

Coinbase Wallet exists today as Base App, with more than 10 million Google Play downloads and 161,411 Apple ratings behind an App Store listing first released in 2017. The numbers that circulate as Coinbase Wallet statistics usually belong to the exchange instead. Coinbase reported 7.6 million Monthly Transacting Users for the quarter ended June 30, 2026, and $245.9 billion in Assets on Platform as of June 30, 2026. That asset figure excludes assets for which the customer holds full or partial keys.

What can be measured from outside is the network the wallet now defaults to. Base value locked reached $5.67 billion on 2026-09-06. Over the same span, Coinbase’s Other transaction revenue, the closest disclosed proxy for sequencer economics, fell to $47.413 million. Onchain activity and disclosed monetisation are diverging, and the next quarterly filing is where that gap will either widen or close.