Coinbase Prime Trading Upcoming Changes

Introduction

Coinbase Prime is introducing several updates to enhance trading capabilities, settlement options, and portfolio management. This article outlines the upcoming changes, their expected rollout timelines, and how they'll benefit institutional traders.

Key Updates Summary

Settlement Currency Support (July 2025)
RFQ Size in Quote Expansion (July 2025)
Orders Edit History Feature (Late June 2025)
Staking/Unstaking Transactions (Late April)
Portfolio Commission Details (Mid April)
Multinetwork Support (Mid March)

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Settlement Currency Enhancement

Launch Date: Mid-July 2025

Coinbase Prime will introduce settlement currency specification for orders. Clients can now:

Access USD trading pairs using USDC positions
Settle trades directly into USDC balances
Use the new settl_currency optional parameter in order creation

Technical Implementation:

Parameter	Type	Description
`settl_currency`	Optional	Specifies settlement currency

RFQ Size in Quote Asset

Launch Date: July 2025

The RFQ system will expand beyond base asset sizing to include quote asset sizing.

Deprecated Fields:

min_notional_size
max_notional_size

New Fields:

min_base_size
max_base_size
min_quote_size
max_quote_size

Rollout Phases:

New field integration
Dual validation period
Quote size support activation
Notional size field removal

Orders Edit History

Launch Date: Late-June 2025

A new endpoint will provide comprehensive order edit history.

Endpoint: GET /order-edit-history

Request Parameters:

{
 "portfolio_id": "string",
 "order_id": "string"
}

Response Fields:

Field	Description
`price`	Updated price value
`size`	Adjusted order size
`stop_price`	Modified stop price
`end_time`	ISO 8601 timestamp

👉 Advanced trading API documentation

Staking/Unstaking Transactions

Launch Date: Late April

New endpoints for ETH staking operations.

Request Structure:

{
 "portfolio_id": "string",
 "wallet_id": "string",
 "body": {
 "idempotency_key": "string",
 "inputs": "object"
 }
}

Supported Actions:

ETH staking
Delegation requests
Unstaking operations

FAQ Section

Q: When will quote asset sizing for RFQs be available?
A: The feature rolls out in July 2025, following a phased implementation.

Q: Can I track modifications to my TWAP orders?
A: Yes, the order edit history feature supports TWAP, VWAP, Limit, and Stop Limit orders.

Q: Which networks support multinetwork functionality?
A: Initially Ethereum and Solana, with expansion planned throughout 2025.

Q: How do I specify USDC settlement for orders?
A: Use the new settl_currency parameter in order creation endpoints.

Q: Where can I find updated commission rates?
A: The Get Portfolio Commission endpoint now accepts product-specific queries.

Additional Resources

For complete implementation details and API specifications, refer to the official Coinbase Prime API documentation.