Product Manager II, DeFi Lending

Are you ready to exceed your expectations and embrace your true potential? At Coinbase, our mission is to enhance economic freedom globally. This ambitious goal requires the best from all of us as we develop the new on-chain platform that will shape the future of the global financial system. We are looking for a unique candidate who shares our passion and believes in the transformative power of crypto and blockchain technology in modernizing the financial system. You should be driven to impact the world, thrive under pressure alongside top-tier colleagues, and actively seek feedback to achieve personal and professional growth. We want someone who embraces challenges and is determined to solve the toughest problems the company faces. Our work environment is dynamic and may not suit everyone. However, if you seek to forge the future with others who excel in their fields and demand the same from you, this is the ideal place for you. While many roles at Coinbase support remote work, we are not exclusively remote. In-person collaboration is essential throughout the year, with multiple team and company-wide offsite gatherings to enhance connection and alignment. Your attendance at these events is not only expected but fully supported. The DeFi Lending team is responsible for Coinbase's lending product, which offers users a straightforward way to earn leading variable yields on their cash, powered by Coinbase's Smart Contract Wallet and DeFi protocols like Morpho on Base. In this role, you will make crypto accessible to everyday individuals by illustrating how it can enhance regular financial services. Your mission will be to scale pioneering on-chain yields for millions of global users, while coordinating seamlessly across teams at Coinbase. Key Responsibilities: Take ownership of the DeFi Lending product area, guiding it from vision and strategy through execution, launch, and continuous improvement across mobile and web platforms, facilitating the growth of this innovative, first-of-its-kind product. Collaborate closely with Engineering and Design to develop and launch non-custodial flows that utilize Coinbase Smart Contract Wallets and Base, including experiences for depositing, withdrawing, rewards accrual, and claims, simplifying protocol complexities for users. Create product experiences that clarify DeFi risks and rewards for everyday users, effectively communicating smart contract risks, bad debt, liquidity risks, and variable APYs so that users can make informed choices. Lead integrated launch and rollout strategies, involving internal testing, phased rollouts, global eligibility criteria, and coordinated go-to-market initiatives across email, in-app notifications, and external channels. Guarantee excellence in operations post-launch through robust monitoring, incident response playbooks for issues such as bad debt or liquidity events, and close collaboration with our DeFi Borrow, Smart Wallet, and protocol partners. Qualifications: Over 5 years of Product Management experience, with a proven record of delivering impactful consumer or prosumer financial products at scale. Experience with complex financial, lending, or yield-bearing products (either traditional finance (TradFi) or decentralized finance (DeFi)) where you’ve balanced user experience, risk, and business outcomes. Strong familiarity with technical systems and on-chain concepts, allowing for effective collaboration with engineers and protocol specialists on aspects like smart contracts, vaults, and flow of funds within L2 networks (e.g., Base). Proven capability to define and execute multi-quarter product strategies: crafting clear narratives, translating them into actionable roadmaps, and achieving measurable outcomes related to growth and revenue goals. Strong analytical skills and product intuition: you are comfortable assessing opportunities (TAM, TVL, revenue), designing experiments, and analyzing protocol and user behavior data to inform decisions. A genuine enthusiasm for cryptocurrency, financial markets, and Coinbase’s mission to enhance economic freedom globally. Preferred Qualifications: Direct experience with DeFi lending protocols (e.g., Morpho, Aave, Compound) or vault-based yield strategies, either as a builder or an active user. Experience creating crypto-centric consumer products that utilize on-chain features (smart contract wallets, L2s, composable protocols) to provide benefits that traditional finance cannot. Familiarity with on-chain activities such as interacting with Ethereum/Base addresses, using ENS, and engaging with dApps or DeFi services through self-custodial wallets. Experience working with external protocol teams and risk management providers and comfort navigating token-based incentive structures and fee arrangements. Pay Transparency Notice: Depending on your work location, the target annualbasesalary for this position may range as outlined below. Full-time offers from Coinbase also include bonus eligibility, equity eligibility, and comprehensive benefits (including medical, dental, vision, and 401(k)). Base salary range: $207,485 - $244,100 USD. Please note that each candidate may submit a maximum of four applications within a 30-day period. We encourage you to carefully assess how your skills and interests align with Coinbase's offerings before applying. Commitment to Equal Opportunity: Coinbase is an Equal Opportunity Employer and considers all qualified applicants regardless of race, color, religion, creed, gender, national origin, age, disability, veteran status, sex, gender expression or identity, sexual orientation, or any other characteristic protected by applicable law. Coinbase also considers applicants with criminal histories consistent with applicable laws. For U.S. applicants, you can view Employee Rights and the Know Your Rights notices. Additionally, Coinbase participates in the E-Verify program in certain locations, as required by law. Coinbase is committed to providing reasonable accommodations to individuals with disabilities. If you require an accommodation due to a disability during any part of the employment process, please contact us to provide details of your request and your contact information. Global Data Privacy Notice for Job Candidates and Applicants: Depending on your location, regulations such as the GDPR and CCPA govern how we manage applicant data. Our comprehensive notice explaining how we handle this data during the application process is available upon request. By submitting your application, you consent to the use and processing of your data as required. For U.S. applicants, submission of your application indicates your agreement to our dispute arbitration policy. AI Disclosure: For certain roles, Coinbase is testing an AI tool utilizing machine learning technology to conduct initial screening interviews with qualified candidates. This tool simulates real interview scenarios and interacts in dynamic conversation. A human recruiter will review your interview responses, presented as a voice recording and/or transcript, to evaluate them against the stated qualifications and characteristics in the job description. For selected roles, Coinbase is also testing an AI interview intelligence platform that transcribes and summarizes interview notes, ensuring our interviewers can fully focus on you as the candidate. These initiatives are for evaluation purposes, and Coinbase will not use AI for decisions impacting employment.

Created: 2026-03-04