Breaking: Coinbase Adds Supports For Solana Tokens On DEX Trading
Highlights
- Coinbase now allow users to perform on-chain swaps directly in the app through its Solana-based DEX platform.
- Users can settle trades using USDC, cash, bank accounts, or debit cards.
- Coinbase plans to list more DEX-supported tokens gradually.
Coinbase has launched Solana-based DEX trading within its application. Users can directly interact with on-chain swaps and USDC payments without the use of a legacy custodial system. Meanwhile, Solana community member Vibhu explained how this development negates the need for the Base-Solana bridge, which launched last week.
Coinbase Extends Solana Integration to Include DEX Trading Support
Protocol Specialist for the exchange, Andrew, confirmed that the company has flipped the switch on native support for Solana DEX trading. This means, if all goes well, users can directly swap SOL-based tokens through the app.
BREAKING: @coinbase to allow users to trade all Solana tokens through a DEX , without listings 🔥 pic.twitter.com/IyQ5IXHGgR
— Solana (@solana) December 11, 2025
They can now settle trades using the USDC in addition to traditional funding sources like cash, bank accounts, and debit cards.
This new feature extends Coinbase’s previously announced DEX launch in August that started with Base-network assets. At the time, the company said Solana support was due to come soon. This week’s launch fulfills that commitment ahead of schedule.
The exchange said it will be listing more DEX-supported tokens, one by one. The exchange deployed batches of new Base-native assets to broaden trading options for users.
This comes as the exchange faces tough competition and a drop in trading volumes. In its Q2 earnings report, the company mentioned that spot trading activity has decreased. It also pointed out that competitors like Robinhood and Kraken are taking away its market share in the U.S.
By offering decentralized trading, the U.S. exchange is responding to customer demand for self-custody and on-chain execution. DEX platforms allow users to keep their assets and rely less on custodial services.
For expanding globally, the company has not given any timeline. However, it has only said that it shall, from time to time, add new regions and networks gradually.
Last month, the company announced that it will buy Vector.fun. This is a Solana-based platform used for memecoins and social trading.
What New Products Are Now Available To Users on the Exchange?
Last month, the company began offering futures contracts for Dogecoin and other altcoins. Also, Coinbase Prime made a deal with Figment to provide more staking options for institutions. This will include support for Solana.
Notably, in September, the exchange announced that the Base network is thinking about launching its own token. This token would promote decentralization and give the Base community a stronger voice in decision-making.
The company was also in talks to buy BVNK. However, discussions have hit a snag due to some issues found during the review process, according to sources.
Coinbase Support Deprecates The Base-Bridge
In an X post, Solana community member Vibhu indicated that Coinbase’s DEX support for Solana tokens deprecates the need for the Base-Solana bridge. He noted that the thesis for the bridge was that SOL tokens bridging to Base was mostly that with Coinbase’s distribution, it would help these tokens find new liquidity and holders.
The thesis for Solana tokens bridging to Base was mostly that with Coinbase’s distribution, it would help those tokens find net new liquidity and holders.
Now you will be able to buy any Solana token directly on Coinbase, which has 1000x the distribution of Base, and get better…
— vibhu (@vibhu) December 11, 2025
However, the bridge may no longer be needed for this purpose since anyone can buy SOL tokens directly on Coinbase. Vibhu noted that these traders will even get better pricing and execution directly on Solana rather than trading on the Base network.
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