Coinbase will list Limitless (LMTS), the native token of an on-chain prediction market built on its own Base network, on March 5, with spot trading in the LMTS-USD pair opening at or after 9 a.m. PT subject to liquidity conditions.
Notably, Coinbase Ventures backed Limitless in a funding round alongside confirmation and DCG - a relationship the exchange did not highlight in its listing announcement.
LMTS is trading around $0.12, down roughly 82% from its all-time high of approximately $0.69 set at the token's launch on Oct. 22, 2025.
Only 13% of the maximum 1 billion token supply is currently in circulation.
What Is Limitless
Limitless Exchange is a decentralized prediction market on Base that allows users to trade binary yes/no contracts on cryptocurrency prices, sports, and political events.
It operates with a central-limit order book interface and instant settlement - a design closer to a centralized exchange than to Polymarket's AMM-based approach.
The platform processed over $200 million in notional trading volume in January 2026 and reached approximately $760 million in monthly volume in December 2025.
Cumulative volume has surpassed $500 million since launch in 2024, according to multiple data sources, though the protocol has not published independently audited contract figures.
The LMTS token is used for staking, governance, and trading fee discounts. A buyback mechanism funded by protocol fees is designed to create deflationary pressure, though with 87% of total supply still locked, significant dilution risk remains.
Why It Matters
The Coinbase listing gives LMTS access to a large retail audience and institutional clients via Coinbase Exchange - a material distribution event for a token with a current market cap of roughly $15 million.
The fully diluted valuation sits at approximately $120 million, implying substantial token unlock pressure ahead.
The listing also adds to a pattern of Coinbase listing tokens from its own portfolio companies.
Coinbase Ventures has invested in dozens of projects that subsequently appeared on the exchange, a practice that has drawn scrutiny from regulators and researchers focused on conflicts of interest in cryptocurrency market structure.
The LMTS contract address on Base is 0x9EadbE35F3Ee3bF3e28180070C429298a1b02F93. Coinbase warned that sending the asset over other networks may result in permanent loss of funds.
