Coinbase, one of the largest crypto exchanges in the world, is shaking the market with fresh listings. Coinbase lists new tokens – PancakeSwap (CAKE), Subsquid (SQD), and Fartcoin (FARTCOIN) – starting June 12, 2025, at 9 AM PT (16:00 UTC), pending liquidity requirements.
This strategic move could trigger significant market activity as investors rush to take positions early. The announcement reinforces Coinbase’s role as a tastemaker in the crypto ecosystem.
New Listings Explained: CAKE, SQD, and FARTCOIN
CAKE: PancakeSwap’s BNB-Based DEX Token
PancakeSwap (CAKE) is the native token of one of the most popular decentralized exchanges on the BNB Chain. Known for high-speed trading and yield farming, CAKE brings more DeFi exposure to Coinbase’s user base.
SQD: Fueling AI Data Infrastructure
Subsquid (SQD) is the infrastructure token for a decentralized data lake supporting AI agents and dApps. After the listing news, SQD surged to a new all-time high, proving strong investor interest.
FARTCOIN: Meme Coin With Momentum
Built on Solana, Fartcoin (FARTCOIN) represents the explosive meme coin culture. In addition to the spot listing, Coinbase will launch perpetual futures for FARTCOIN at 9:30 AM UTC, increasing its speculative appeal. The token gained over 16% following the announcement.
Coinbase Lists New Tokens – Market Impact

When Coinbase lists new tokens, the market often reacts strongly. Dubbed the “Coinbase Effect,” this phenomenon typically includes:
- Sudden price surges
- Higher trading volumes
- Renewed interest in lesser-known tokens
CAKE and SQD, with solid tech backgrounds, are likely to experience moderate to high demand. Meanwhile, FARTCOIN might see wild volatility due to its meme status and futures availability.
What Traders Should Know
As Coinbase lists new tokens, here are a few things to keep in mind:
- Trading will only begin if liquidity thresholds are met
- Listings occur in phases: spot listings first, then futures (FARTCOIN)
- Expect high volatility during the first 24 hours
- Listing times: 9 AM PT for spot pairs, 9:30 AM UTC for FARTCOIN perpetuals
Final Thoughts
The fact that Coinbase lists new tokens like CAKE, SQD, and FARTCOIN demonstrates its expanding focus – ranging from DeFi and AI infrastructure to meme coins. These listings create opportunities for both long-term holders and short-term speculators.
Whether you’re in it for tech, hype, or yield, June 12 is a date to watch.