The exchange listed FLUID on Base network and NOM on Ethereum through its transparency initiative on Monday
Key Takeaways:
- Both tokens join Coinbase’s roadmap with combined market cap exceeding $375 million, data shows
- Instadapp’s DeFi protocol FLUID operates on Base while Nomina runs on Ethereum mainnet
- Nomina rebranded from Omni Network in September to focus on perpetual futures trading
Nov. 11 (Crypto-news.net) – Coinbase has added Fluid (FLUID) and Nomina (NOM) tokens to its asset listing roadmap, according to the company’s official X account posted Monday at 1:34 a.m. GMT.
The exchange included both tokens as part of its transparency initiative for new asset listings, the company said in its updated blog post. FLUID operates on the Base network with contract address 0x61e030a56d33e8260fdd81f03b162a79fe3449cd, while NOM uses Ethereum’s ERC-20 standard at address 0x6e6f6d696e61decd6605b4a57836c5db6923340.
The two tokens represent different sectors of decentralized finance, data shows. FLUID functions as a unified liquidity layer for lending, borrowing and decentralized exchange trading, according to its developer Instadapp.
Market Position
FLUID maintains a market capitalization of approximately $332 million with daily trading volume near $19 million, according to CoinGecko data. NOM holds a $43 million market cap based on circulating supply with $12 million in 24-hour volume, the aggregator shows.
Instadapp developed FLUID as a DeFi protocol to unify liquidity across multiple functions, according to company documentation. Other exchanges have accelerated token listings recently, including Bybit’s addition of Syndicate (SYND) in October as competition for new assets intensifies.
Nomina operates as a unified trading terminal for perpetual futures on decentralized exchanges after rebranding from Omni Network on September 5, company announcements show. The platform’s previous listing roadmap additions included BNB following community requests in October.
Listing Process
Coinbase positions roadmap additions as part of its asset transparency framework launched in 2022, the exchange stated. Tokens on the roadmap undergo technical and compliance reviews before potential trading launch, similar to BitcoinOS’s BOS token going live on Binance Alpha last month.
The announcement included specific contract addresses for both tokens to enable community verification, according to the exchange’s X posts. FLUID deploys on Coinbase’s Base network while NOM utilizes standard Ethereum infrastructure, as major exchanges like KuCoin strengthen security measures for new token integrations.
Searches of Securities and Exchange Commission and Commodity Futures Trading Commission databases revealed no regulatory filings or enforcement actions related to either token. The exchange continues expanding its roadmap following October’s addition of several Binance-related assets, the company said.
