Coinbase is adding another Solana-focused piece to its growing trading empire with the acquisition of Vector, an on-chain trading platform built natively for the high-speed Solana environment.
The companies did not disclose financial terms, but the deal is expected to close before the end of the year, according to a blog post.
Vector’s team and technology will be absorbed into Coinbase’s consumer trading division, where they will help accelerate support for newly issued Solana assets, improve order routing, and strengthen the exchange’s broader DEX-oriented infrastructure.
Once the deal is finalized, Vector’s standalone mobile and desktop apps will shut down, although the Tensor Foundation, which oversees the Tensor NFT marketplace and its token, will continue to operate independently.
The acquisition extends Coinbase’s rapid streak of deals. This marks the exchange’s ninth purchase in 2025 following deals to buy Echo for $375 million and options exchange Deribit for $2.9 billion, among others.
The deal with Vector comes as Solana’s cumulative DEX volume crosses the $1 trillion market this year, with Coinbase apparently intent on expanding across an ecosystem that was fueled by the memecoin mania earlier in the year.
Coinbase framed the move as another step toward building an “everything exchange.” For traders, that could mean faster access to new tokens and smoother execution in Solana’s fast-moving markets.
The company says more integrations are on the horizon as it continues to expand its on-chain trading capabilities.
