Our 2026 Year Ahead for Apps Report is out now! Crypto is converging into SuperApps. For years, the fat protocol thesis argued that infrastructure would capture value while the apps were an afterthought. Now the landscape has shifted as protocols commoditize and value flows to whoever owns the user relationship. Major platforms are all racing toward the same destination. The aggregation layer. Amazon doesn't manufacture most of what it sells and fintechs like Nubank bundle services to outcompete legacy banks. Users pay a steep convenience premium for ease of access. Crypto wallets rake in millions of dollars in swap fees because people will pay for convenience. A crypto superapp is an aggregation layer that curates and integrates the best protocols available in open markets. The job is to compress a user's onchain and financial life onto one surface. Coinbase has been slowly building towards such a superapp by gradually introducing new product lines such as stablecoins, derivatives, debit cards. Within the span of the last 5 years they've successfully shifted from 96% of revenue generation coming from transaction fees to about 60% in 2025. Their recent acquisitions - Deribit and Echo have helped extend their product suite to derivatives and capital formation. Coming this week, Coinbase introduces tokenized stocks and prediction markets on their path towards building THE crypto superapp. They're also able to utilize the growth of the Base ecosystem as a experimentation ground for new onchain primitves like: The Base App and x402 Our full report breaks down the five paths to the superapp endgame: social, exchange, perp DEX, wallet, and DeFi aggregators.(Delphi Digital)