Coinbase, the largest US-based exchange, has expanded its spot trading platform with the addition of three new altcoins: Kamino (KMNO), Dolomite (DOLO), and Solayer (LAYER).
The listings triggered modest price gains across all three tokens shortly after the announcement.
Coinbase Announces Listing of KMNO, DOLO, and LAYER
In a statement published on Coinbase Markets’ official X (formerly Twitter) account, the exchange confirmed that KMNO, DOLO, and LAYER will be available against the US dollar.
Coinbase added that trading will begin on or after 9:00 AM Pacific Time (PT). This is contingent on liquidity conditions being satisfied.
Furthermore, access will also depend on local regulations. Thus, Coinbase noted that trading will only be available in regions where the exchange is legally allowed to offer it.
“Kamino (KMNO) and Dolomite (DOLO) will be available on Coinbase․com, in the Coinbase app, and Coinbase Advanced. Institutions can access Kamino (KMNO) and Dolomite (DOLO) directly via Coinbase Exchange,” the exchange added.
The exchange also provided the official contract addresses for each supported asset. It emphasized that tokens must only be sent via their correct networks to avoid permanent loss of funds. The contract addresses are:
- Solayer (LAYER) — Solana network (SPL token): LAYER4xPpTCb3QL8S9u41EAhAX7mhBn8Q6xMTwY2Yzc
- Kamino (KMNO) — Solana network (SPL token): KMNo3nJsBXfcpJTVhZcXLW7RmTwTt4GVFE7suUBo9sS
- Dolomite (DOLO) — Ethereum network (ERC-20): 0x0F81001eF0A83ecCE5ccebf63EB302c70a39a654
Following the announcement, the tokens experienced small price surges. KMNO rose from $0.057 to $0.061, a 7.02% increase. DOLO climbed from $0.18 to $0.195, a gain of 8.33%, and LAYER advanced from $0.53 to $0.58, reflecting a 9.43% uptick.
KMNO, DOLO, and LAYER Price Performance. Source: TradingView
However, volatility quickly ensued. At press time, KMNO traded at $0.059, up 0.36% since the announcement. LAYER reached $0.55, maintaining a nearly 3% increase, indicating sustained interest.
Conversely, DOLO shed all gains, dropping to $0.17, a decline of approximately 3%. This mirrors past patterns where Coinbase’s support has led to brief rallies in altcoins’ prices.
From Application to Launch: How Tokens Get Listed on Coinbase
Besides the listing announcements, Coinbase also addressed the process behind listings themselves.
“We hear you – sometimes our listings process can feel unclear. We want to do better. We’re bringing more transparency to our review standards, including common roadblocks and timelines,” the exchange wrote.
In a detailed blog post, Coinbase explained that its asset listing process is designed to be structured, transparent, and accessible. Applications are free and judged on equal standards, and timelines vary from hours to months, depending on the project’s complexity and submission quality.
A complete application with clear tokenomics, governance details, and technical documentation helps avoid delays. The review covers business demand, compliance considerations, and technical security, followed by integration work.
“In general, the time from our review of an asset to its listing is under 30 days. Tokens on supported networks generally can be supported faster; new or unsupported chains take longer (as of this publication, supported networks for expedited listings include Ethereum, Base, Solana, Arbitrum, Optimism, Polygon, and Avalanche),” the blog reads.
Coinbase highlighted that assets go through phased launches—deposits, auctions, limit-only trading—before reaching full trading, ensuring healthy liquidity and protecting long-term market integrity.
The post Coinbase Expands Spot Market With 3 New Altcoin Listing appeared first on BeInCrypto.
