Coinbase has announced its acquisition of Vector.fun, a high-speed DEX within the Solana ecosystem, aimed at strengthening its footprint in the rapidly growing DeFi market.
By acquiring Vector.fun, Coinbase intends to enhance its support for Solana’s infrastructure, potentially increasing liquidity and market confidence in Solana-based decentralized finance tools. The acquisition signals increased interest in Solana.
Coinbase Buys Vector.fun for Solana Ecosystem Expansion
Coinbase has acquired Vector.fun, a decentralized exchange developed within the Solana ecosystem. This move emphasizes Coinbase’s commitment to expanding its footprint in DeFi by leveraging Solana’s technologies.
The acquisition involves 13 specialized engineers, transitioning from Vector.fun to Coinbase. It highlights Coinbase’s strategy to enhance its infrastructure by integrating Solana’s unique capabilities. In the words of Brian Armstrong, CEO, Coinbase, “This acquisition deepens Coinbase’s support for Solana’s on-chain ecosystem, enabling us to offer more access to Solana-based assets and advanced DeFi tools.”
Coinbase’s Acquisition Boosts Solana’s Market Presence
The acquisition instantly increases Coinbase’s influence over the Solana network. SOL tokens are likely to see an increase in interest, driven by Coinbase’s institutional support.
Potential outcomes include increased trading volumes and liquidity on Solana-based assets. Messari reports that Solana DEXs achieved over $1 trillion in volume in 2025, showcasing the market’s potential.
Previous Deals Hint at Coinbase’s DeFi Focus
Coinbase’s acquisition of Deribit previously exemplifies its expansion strategy. The integration of Vector.fun could mirror such past successes by enhancing Coinbase’s product offerings.
Experts from Kanalcoin suggest the acquisition could drive mainstream adoption of Solana-based DeFi tools. By accessing specialized Solana technology, Coinbase may boost its competitive edge.
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