Coinbase Acquires Solana-Based Vector.fun to Boost On-Chain Trading

Picture showing Solana coin

Coinbase has announced the acquisition of Vector.fun, a Solana-based on-chain trading platform known for its user-focused design and social trading features. The acquisition includes all of Vector.fun’s technology and its 13-person team, which will be fully integrated into Coinbase. The deal is expected to close before the end of 2025.

Rather than operating Vector.fun as a separate product, Coinbase plans to sunset the current app and integrate its trading engine and indexing tools directly into the Coinbase interface. Vector will stop accepting new accounts from November 26, and current users will be able to close their positions and withdraw funds.

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Expanding beyond Base with Solana tools

This acquisition allows Coinbase to offer direct access to Solana-based tokens inside its main app for the first time. Until now, the company’s decentralized trading integrations were limited to its own Layer-2 network, Base. By absorbing Vector’s infrastructure, Coinbase can support Solana token trading without relying on third-party dApps.

Vector.fun’s technology specializes in indexing new tokens and tracking real-time activity on Solana. Coinbase plans to use these features to expand decentralized exchange (DEX) functionality and token discovery within its platform.

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Part of a larger acquisition strategy

The Vector.fun deal marks Coinbase’s ninth acquisition in 2025, following several high-profile transactions including Deribit and Echo. The exchange has been actively acquiring infrastructure and trading platforms as it continues building what it calls an “everything exchange” — a unified environment combining centralized and on-chain services.

The acquisition also reflects broader trends in the crypto industry. According to Architect Partners, crypto-related M&A activity surpassed $10 billion in Q3 2025, signaling increased consolidation across exchanges, trading platforms, and infrastructure providers.

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Vector and Tensor remain separate

Although Vector.fun was developed by the same team behind the Tensor NFT marketplace, Coinbase clarified that only Vector is included in the deal. The Tensor Foundation, which oversees the Tensor protocol and TNSR token, will remain independent and unaffiliated with Coinbase.

Outlook for integration

Vector.fun’s trading app will be discontinued, but its core capabilities will be rebuilt into Coinbase’s decentralized trading interface. The company says this will improve user access to Solana-based tokens and expand the range of on-chain assets available for trading.

While the acquisition ends Vector.fun as a standalone product, the underlying infrastructure will continue to operate under Coinbase’s platform as part of its broader DEX strategy.

Kate Taylor

Kate Taylor