Product Manager II, Defi Lend

Ready to be pushed beyond what you think you’re capable of?

At Coinbase, our mission is to increase economic freedom in the world. It’s a massive, ambitious opportunity that demands the best of us, every day, as we build the emerging onchain platform — and with it, the future global financial system.

To achieve our mission, we’re seeking a very specific candidate. We want someone who is passionate about our mission and who believes in the power of crypto and blockchain technology to update the financial system. We want someone who is eager to leave their mark on the world, who relishes the pressure and privilege of working with high caliber colleagues, and who actively seeks feedback to keep leveling up. We want someone who will run towards, not away from, solving the company’s hardest problems.

Our

work culture

is intense and isn’t for everyone. But if you want to build the future alongside others who excel in their disciplines and expect the same from you, there’s no better place to be.

While many roles at Coinbase are remote-first, we are not remote-only. In-person participation is required throughout the year. Team and company-wide offsites are held multiple times annually to foster collaboration, connection, and alignment. Attendance is expected and fully supported.

The DeFi Lend team drives Coinbase’s Lend product, offering customers a simple way to earn market-leading variable yield on their cash, powered under-the-hood by Coinbase Smart Contract Wallet and DeFi protocols like Morpho on Base. This role will bring the utility of crypto to everyday people by showcasing how crypto can make everyday financial services better. You will scale next-gen, onchain yield for millions of global customers, coordinating across teams across Coinbase

What you’ll be doing

Own the end‑to‑end product area for DeFi Lend, from vision and strategy through execution, launch, and ongoing iteration across mobile and web, growing and scaling this new first-of-its-kind product

Partner closely with Engineering and Design to design and ship non‑custodial flows that leverage Coinbase Smart Contract Wallets and Base, including deposit, withdrawal, rewards accrual, and claim experiences that abstract protocol complexity for users.

Design product experiences that make DeFi risk and reward legible for everyday customers—clearly communicating smart contract, bad‑debt, and liquidity risks, as well as variable APYs, so users can make informed decisions..

Drive integrated launch and rollout plans, including internal dogfooding, staged rollouts, global eligibility and blocklist strategy, and coordinated GTM across email, in‑app surfaces, and external channels.

Ensure operational excellence post‑launch through robust observability, incident playbooks (e.g., for bad‑debt or liquidity events), and close coordination with our DeFi Borrow, Smart Wallet, and protocol partners.

What we look for in you

5+ years of Product Management experience, with a track record of shipping impactful consumer or prosumer financial products at scale.

Experience working on complex financial, lending, or yield‑bearing products (TradFi or DeFi) where you’ve balanced customer experience, risk, and business performance.

Strong comfort with technical systems and onchain concepts—you can partner credibly with engineers and protocol experts on topics like smart contracts, vaults, flow‑of‑funds, and L2 networks (e.g., Base).

Demonstrated ability to define and drive multi‑quarter product strategy: setting a clear narrative, translating it into roadmaps, and delivering measurable results against growth and revenue goals.

Analytical rigor and product judgment: you’re comfortable sizing opportunities (TAM, TVL, revenue), designing experiments, and interpreting protocol and user‑behavior data to inform decisions.

Demonstrated passion for cryptocurrency, financial markets, and Coinbase’s mission to increase economic freedom in the world.

Nice to haves

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 building “crypto‑forward” consumer products that leverage onchain primitives (smart contract wallets, L2s, composable protocols) to deliver value that isn’t possible in TradFi.

Familiarity with onchain activity such as interacting with Ethereum/Base addresses, using ENS, and engaging with dApps or DeFi services via self‑custodial wallets.

Experience partnering with external protocol teams and risk‑management providers, and comfort navigating token‑based incentive programs and fee structures.

Pay Transparency Notice

:

Depending on your work location, the target annual

base

salary for this position can range as detailed below. Full time offers from Coinbase also include bonus eligibility + equity eligibility + benefits (including medical, dental, vision and 401(k)).

Base salary range shown. Total compensation also includes equity and bonus eligibility and benefits:

$207,485

—

$244,100 USD

Please be advised that each candidate may submit a maximum of four applications within any 30-day period. We encourage you to carefully evaluate how your skills and interests align with Coinbase's roles before applying.

Commitment to Equal Opportunity

Coinbase is proud to be an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, sex, gender expression or identity, sexual orientation or any other basis protected by applicable law. Coinbase will also consider for employment qualified applicants with criminal histories in a manner consistent with applicable federal, state and local law.  For US applicants, you may view the

Employee Rights

and the

Know Your Rights notices

by clicking on their corresponding links. Additionally, Coinbase participates in the

E-Verify program

in certain locations, as required by law.

Coinbase is also committed to providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please contact us at accommodations[at]coinbase.com to let us know the nature of your request and your contact information.   For quick access to screen reading technology compatible with this site

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Global Data Privacy Notice for Job Candidates and Applicants

Depending on your location, the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) may regulate the way we manage the data of job applicants. Our full notice outlining how data will be processed as part of the application procedure for applicable locations is available

here

. By submitting your application, you are agreeing to our use and processing of your data as required. For US applicants only, by submitting your application you are agreeing to arbitration of disputes as outlined

here.

AI Disclosure

For select roles, Coinbase is piloting an AI tool based on machine learning technologies to conduct initial screening interviews to qualified applicants. The tool simulates realistic interview scenarios and engages in dynamic conversation. A human recruiter will review your interview responses, provided in the form of a voice recording and/or transcript, to assess them against the qualifications and characteristics outlined in the job description.

For select roles, Coinbase is also piloting an AI interview intelligence platform to transcribe and summarize interview notes, allowing our interviewers to fully focus on you as the candidate.

The above pilots are for testing purposes and Coinbase will not use AI to make decisions impacting employment

. To request a reasonable accommodation due to disability, please contact accommodations[at]coinbase.com