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Coinbase to stop DAI deposits and withdrawals on Avalanche, Arbitrum and Optimism on Aug. 17, 2026

AI Market Summary
Coinbase will discontinue DAI deposits and withdrawals on Avalanche, Arbitrum, and Optimism on Aug 17, 2026, while maintaining DAI transfers on Ethereum mainnet. The change is a venue-level access reduction for multichain DAI flows rather than a MakerDAO or peg-mechanism event. Near-term impact should be limited to bridging/exchange routing and liquidity fragmentation for users relying on those L2/L1 rails.
Impact level
● Low
AI InsightAI Insight
● Neutral
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Coinbase will end support for DAI deposits and withdrawals on the Avalanche, Arbitrum and Optimism networks on Aug. 17, 2026. Sending and receiving DAI will remain available on the Ethereum network. The company directed users to additional details in a thread.
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