Coinbase Adds Solana DEX Trading and USDC Settlement
- Coinbase enables Solana DEX trading for faster swaps and direct USDC settlement.
- Solana network support expands Coinbase’s reach in decentralized trading markets.
- Coinbase expands trading options with new perpetual futures across multiple assets.
Coinbase has activated Solana DEX trading inside its main application, giving users direct access to on-chain swaps and USDC settlement through a simple interface. The rollout delivers earlier-than-promised support for Solana and continues the exchange’s plan to improve decentralized access.
Protocol specialist Andrew confirmed that Solana DEX trading is now fully active within the app. The integration allows users to swap Solana tokens with a smooth workflow that relies on Solana’s network performance. Coinbase said the feature aims to provide fast execution and reliable settlement for individuals who prefer direct blockchain interaction.
Coinbase Expands Solana Access With New DEX Capabilities
The new capability builds on the August launch of DEX access for Base assets. At that time, Coinbase stated that Solana support would follow shortly. The current release completes that commitment, and the company plans to introduce new supported tokens gradually as each asset undergoes internal review and security evaluation.
USDC is now available for settlement across Solana swaps. Users may continue using cash, bank transfers, and debit cards when funding their trades. Coinbase said USDC helps maintain consistent settlement values and supports traders seeking less exposure to price swings during on-chain activity.
Recent financial results helped shape the company’s direction. Coinbase reported declining spot trading volumes in its Q2 update. The exchange also cited rising competition from major U.S. platforms, including Robinhood and Kraken. These conditions led the company to strengthen areas that offer users more control and flexibility, especially in self-custody environments.
Decentralized trading gives customers the ability to retain control over their assets while reducing reliance on custodial services. Coinbase described this shift as part of an ongoing plan to blend centralized and decentralized liquidity within a single application. The company aims to provide a unified experience where users can choose whichever method suits their trading style.
Coinbase said new regions would be added gradually through structured phases, with further network expansions following the same methodical approach. No specific details were released regarding which markets may receive access first.
Related: Base Links With Solana Through A Fresh CCIP-Powered Bridge
Coinbase Expands Solana Strategy With Vector.fun Integration
According to reports, Coinbase reached an agreement to acquire Vector.fun, a Solana-based platform known for fast token movement and real-time bet displays. The acquisition price was not disclosed, but the deal is expected to close before the end of the year. Vector.fun gained attention for its simple interface and rapid transaction flow.
The company plans to integrate Vector.fun’s technology directly into its mobile application. Coinbase would shut down the standalone Vector.fun platforms after integration is complete.
All 13 employees from the Solana project would join Coinbase, adding technical strength to the exchange’s on-chain development efforts. Leadership described the acquisition as an important expansion step that complements the new Solana DEX access.
Coinbase continues to work toward its broader goal of becoming an “everything exchange.” While Base already offers decentralized interaction, its capabilities have been limited. The addition of Solana tools and the integration of Vector.fun expand the scope of available features and give users more choices for on-chain engagement.
The company is also expanding its derivatives offering. Coinbase would launch perpetual-style futures for Dogecoin, Cardano, and Shiba Inu on December 12. New futures listings for AVAX, BCH, LINK, HBAR, LTC, DOT, SUI, and XLM would go live on the same day.
