November 22, 2025 – The cryptocurrency industry giant Coinbase announced today that it has reached an agreement to acquire the decentralized exchange (DEX) and social trading application Vector, based on the Solana network. This move is seen by the industry as a key step for Coinbase to solidify its trading business moat and strongly penetrate the trillion-dollar Solana ecosystem.

It is reported that this acquisition is expected to be completed by the end of 2025. After the transaction is completed, the core technology team of Vector, consisting of 13 employees, will be incorporated into Coinbase, and its technology will be integrated into Coinbase's main consumer trading business, while Vector's independent application will subsequently be shut down.

This acquisition comes against the backdrop of explosive growth in the Solana chain's ecosystem, particularly in decentralized trading. Data shows that as of 2025, the trading volume on Solana's DEX has exceeded $1 trillion, becoming the main battlefield for many traders and meme coin enthusiasts.

For Coinbase, acquiring Vector, which originated from Solana, is akin to obtaining a key to quickly open this treasure trove. Vector's technology will greatly help Coinbase optimize its trading experience on the Solana network, achieving faster order routing and asset execution efficiency. More importantly, Vector has the ability to quickly identify and support newly born assets on Solana, which will allow Coinbase to seize opportunities in capturing rapidly changing trading chances like meme coins.